Income tax returns witness 30% growth in Apr-Feb, over 3 lakh visit website to check notices from I-
The income tax e-returns filed for the April-February period has grown nearly 30% compared with the corresponding period in FY18. While...
Panel on direct tax law gets 3 more months.
The Central Board of Direct Taxes (CBDT) said on Friday that the task force constituted for drafting new direct tax law has been given a...
Income tax returns filings grew by over 37% in April-January
The income tax e-returns filed for the April-January period has grown by over 37 percent compared with the corresponding period in FY18....
Budget 2019: Cut in corporate tax, higher income tax threshold, PHD Chamber asks
New Delhi: PHD Chamber Wednesday pitched for cutting corporate tax to 25 per cent, and raising income tax exemption limit for individuals...
Modi’s direct tax overhaul at work: Relief for taxpayer, small businesses on cards as election looms
While street tries to guess if Finance Minister Arun Jaitley has enough room to announce a big income tax relief in the upcoming Budget...
Tax department sets 21-day deadline for non-filers
NEW DELHI: The income tax department has identified several potential non-filers, who have carried out high value transactions in...
Court order trips tax hounds in hunt for secret foreign assets
Many people having money in tax-haven banks, overseas properties and interests in offshore trusts may escape the wrath of the Indian tax...
'No tax benefit on house sale if new flat is in wife's name'
MUMBAI: The Income-Tax Appellate Tribunal (ITAT)'s Mumbai bench recently denied a taxpayer I-T benefits available when long-term capital...
Company conversion to LLP a transfer, taxable: I-T Appellate Tribunal
MUMBAI: A new tax ruling threatens to challenge a strategy that allowed thousands of businesses and professionals to reorganise...
NPS gets you additional Rs 50,000 income tax deduction. How to claim
If you are a salaried individual and have already exhausted the Rs 1.5 lakh Section 80C income tax benefit, the NPS could help you with...
