Search For "income tax"
Positive impact of government's move to reduce corporate tax: Sitharaman
Updated : 6 years, 7 months ago IST
New Delhi [India], Dec 2 (ANI): Finance Minister Nirmala Sitharaman said on Monday that the government's move to reduce corporate tax has had a "positive impact" and companies wanted to get out of China due to trade war with the US.
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IT department summons DK Shivakumar to appear before it today
Updated : 6 years, 7 months ago IST
Bengaluru (Karnataka) [India], Dec 2 (ANI): Income Tax Department on Monday summoned Karnataka Congress leader DK Shivakumar to appear before it today.
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PIL filed in Punjab and Haryana HC against income tax exemption to MLAs
Updated : 6 years, 7 months ago IST
Chandigarh (Punjab) [India], Nov 29 (ANI): A public interest litigation (PIL) has been filed in the Punjab and Haryana High Court challenging the income tax exemption granted to MLAs of Punjab on their salaries and allowances.
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CBDT compulsorily retires 21 Income Tax officers for corruption, other cha
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 26 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday compulsorily retired another 21 Group B officers of the rank of Income Tax officers, due to corruption and other charges, Finance Ministry sources said.
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Bill introduced in Lok Sabha to amend taxation laws
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 25 : A bill that provides for inserting a new provision in the Income Tax Act to provide that a company may opt to pay tax at 22 per cent if does not claim any incentive or deduction was introduced in the Lok Sabha on Monday.
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Four 'people' carry out 'Operation Kamal' - CBI, ED, Income Tax Dept, poli
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 25 (ANI): Shiv Sena leader Sanjay Raut on Monday trained guns at the Bharatiya Janata Party (BJP) and said that there are four "people" who carry out 'Operation Kamal' including the Central Bureau of Investigation (CBI), Enforcement Directorate (ED), Inco
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Web portal for exchange of information on income tax
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 22 (ANI): The Central Board of Direct Taxes (CBDT) on Friday unveiled a web portal that consolidates all Automatic Exchange of Information (AEOI) at one place for access by financial institutions, departmental officers and the public at large.
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IT Dept seizes cash worth Rs 32.6 cr, 10 kg gold in search ops against com
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 18 (ANI): Acting on specific inputs, the Income Tax (IT) department seized unaccounted cash worth Rs 32.6 crore and approximately 10 kilograms of gold in a search action covering 20 premises, including residences, factory and offices, of a company in a tier-3 city i
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I-T Tribunal order on Young Indian not a setback, truth will prevail: Cong
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 16 (ANI): The Congress party said on Saturday that the decision of Income Tax Appellate Tribunal upholding the withdrawal of I-T exemption granted to the Young Indian was not a setback and "the majesty of law will prevail and the truth will be out in the open."
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BJP accuses Sonia, Rahul of corruption after withdrawal of I-T exemption t
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 16 (ANI): The BJP on Saturday accused Congress chief Sonia Gandhi and her son Rahul Gandhi of "corruption" following the Income Tax Appellate Tribunal upholding the withdrawal of I-T exemption to Young Indian, and said "this is the family model of development after the
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ITAT upholds withdrawal of charitable status of Young Indian
Updated : 6 years, 7 months ago IST
New Delhi (India), Nov 16 (ANI): In what could be termed as a major setback for Congress leader Rahul Gandhi, the Income Tax Appellate Tribunal (ITAT) on Friday upheld the Income Tax department's withdrawal of the charitable' status of "Young Indian" from the assessment year 2011-12.
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IT Dept busts major racket of bogus billing, hawala transactions
Updated : 6 years, 8 months ago IST
New Delhi [India], Nov 11 (ANI): The Income Tax (IT) Department carried out searches in the first week of November on a group of persons indulging in issuing bogus bills and carrying on hawala transactions.
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