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Wednesday, May 25, 2022

Income Tax department


Domestic black money window will ensure peace of mind: IT Dept advertisement

May 26, 2016 11:25 am

The advertisement said the fair market value of the asset declared, will be as on June 1, 2016 deemed to be the undisclosed income.

A taxing agenda

May 04, 2016 12:00 am

Data underlines need to widen and deepen tax base, whittle down exemptions and improve compliance.

I-T dept launches tax calculator, e-filing could begin this week

April 03, 2016 12:55 pm

The calculator works once a filer correctly feeds his basic details and information, as notified for the current assessment year by the government.

Amarinder’s son gets court summons over foreign accounts

March 20, 2016 2:55 am

The complaint states that Amarinder was a discretionary beneficiary of Jacaranda Trust, UK, associated with Raninder.

Pakistani hackers could be behind IRS website takedown

February 07, 2016 5:56 pm

Officials said the website--http://www.irsofficersonline. was hacked early Saturday and it has been rendered inaccessible since then.

They tipped govt on tax evaders, now sue for reward

January 12, 2016 1:49 am

Under earlier rules, the I-T department would give 10 per cent of the amount seized as reward to the informant. But since last year, they have capped it at Rs 15 lakh, irrespective of the value of the assets recovered.

Interest on INR-denominated bonds to attract 5% tax

October 30, 2015 2:54 am

‘The legislative amendment to be proposed through the Finance Bill, 2016’

For the record: Taxation policy has to be non-adversarial, says Arun Jaitley

April 28, 2015 12:42 am

Excerpts from 16th DP Kohli memorial lecture by Finance Minister Arun Jaitley in Delhi, April 27.

A tax hell on earth

April 22, 2015 12:31 am

The demand of Rs 40,000 crore minimum alternate tax is the latest example of Indian tax terrorism.

I-T department publishes names of big tax defaulters

March 31, 2015 5:58 pm

Newspapers today carried the names of the tax defaulters and the data published was quoted to have been published by the Principal Chief Commissioner of Income Tax .