Search For "income tax"
ClearTax to launch GST-compliant products
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar. 19 (ANI): As the rollout of the Goods and Services Tax (GST) Bill is round the corner, businesses across the country are gearing up to become GST-compliant. ClearTax, India's largest Income Tax returns e-filing and enterprise
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Trump paid USD 38 million income tax in 2005: White House
Updated : 8 years, 10 months ago IST
Washington D. C. [USA], Mar. 15 (ANI): The White House has said President Donald Trump earned more than USD 150 million income and paid USD 38 million in taxes even after taking into account large scale depreciation for construction in response to questions about the coming publication of hi
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Criminal prosecution higher than expected, says Income Tax Department
Updated : 8 years, 10 months ago IST
New Delhi [India], Mar 14 (ANI): The Income Tax department on Tuesday said that in the current financial year till January 2017, there have been in total of 570 prosecution complaints recorded before the Criminal Courts.
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Post Budget reaction from technology, education, retail, BFSI and others
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb 27 (ANI-NewsVoir): Union Budget 2017-18 is a big relief for the common masses from reduction in personal income tax to sops for affordable housing - the Finance Minister has announced various measures to benefit farmers and weaker sections of the society.
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I-T department identifies 235 cases of 'Benami' transactions
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb. 22 (ANI): The Income Tax Department has identified 235 cases for 'benami' transactions and properties till mid-February 2017.
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Expeditious issue of refunds is a high priority for CBDT
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb 13 (ANI): The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) on Monday said that it has processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017.
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Reply date for I-T queries on deposits during demonetisation extended till
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb. 12(ANI): The Income Tax Department has extended the date for replying to the queries on cash deposits during the demonetisation period till February 15.
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CBDT issues third round of certificates to tax payers
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb 8 (ANI): In continuation of the initiative of the government to acknowledge the contribution of tax payers by paying taxes towards nation building and promptness in filing of Income Tax Returns, Central Board of Direct Taxation (CBDT) has issued the third round of Cert
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1100 searches conducted, Rs.5400 crore undisclosed income detected by inco
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb.8 (ANI): Minister of State for Finance Santosh Kumar Gangwar has informed Shimla Member Parliament Virender Kashyap and 10 other Members of Parliament in the Lok Sabha that the Income Tax Department conducted more than 1100 searches, seizures and surveys and issued mor
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Delhi: CBI registers case against Income Tax Commissioner over disproporti
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb. 6 (ANI): The Central Bureau of Investigation (CBI) on Monday registered a case against an Income Tax Commissioner (Appeals), his wife and unknown others in Delhi for possession of an alleged disproportionate assets of approximately Rs.4.28 crore.
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Union Budget 2017-18 focuses on wider tax compliance, says ClearTax
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb. 6 (ANI): ClearTax, an Income Tax returns e-filing and enterprise compliance service provider, has observed a trend which, if implemented well, will ultimately result in improving the economic infrastructure of the country.
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There is inconsistency in filing income tax, says CBDT Chairman
Updated : 8 years, 10 months ago IST
New Delhi [India], Feb. 6 (ANI): Out of a total of 15 lakh companies in India, over 50 percent of them are not filing income tax returns, said Sushil Chandra, Chairman, Central Board of Direct Taxation (CBDT).
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