Search For "tax liability"
Special Court quashes LOC issued by IT dept against Businessman Samir Modi
Updated : 4 years, 2 months ago IST
New Delhi [India], December 23 (ANI): A Special Income Tax Court on Wednesday suspended a look out circular (LOC) issued by the Income Tax Department against Indian Business Tycoon Samir Modi and patriarch of the USD 1.2 billion Modi Group who has been alleged to be avoiding huge tax liab
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Income Tax Department conducts searches in NCR
Updated : 4 years, 7 months ago IST
New Delhi [India], August 17 (ANI): The Income Tax Department on Monday conducted searches on a company engaged in trading of telecom equipment for various telecom players in India and identified tax liability of hundreds of crores and recovered unaccounted cash of more than Rs 62 lakh on th
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Commercial realty to benefit with easier debt financing norms for REITS
Updated : 5 years, 1 month ago IST
New Delhi [India], February 2 (ANI/NewsVoir): The commercial real estate industry in the country will get a shot in the arm as Finance Minister Nirmala Sitharaman today said that debt financing of REITs will be enabled by way of making amendments in the current financing models.
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Advocate P M Mishra, Additional Director, Finlaw Consultancy discusses abo
Updated : 5 years, 3 months ago IST
New Delhi [India], December 11: (ANI/SRV Media): If you are an Indian, the hard truth is that you're dealing with one of the most comprehensive tax systems in the world by default. But now, if you use crypto at all, it's twice as complicated. If you have engaged in any of the following activ
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Tax benefits that every SME owner should know about
Updated : 6 years, 7 months ago IST
Pune (Maharashtra) [India] July 24 (ANI/BusinessWire India): SME sector is a highly dynamic sector which provides numerous employment opportunities in the Indian economy. According to the Economic Times, the MSME sector comprises around 40 per cent of India's workforce and consists of aro
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CBI arrests 2 GST officials in bribery case
Updated : 6 years, 11 months ago IST
Pune (Maharashtra) [India] Mar 26 (ANI): The Central Bureau of Investigation (CBI) on Tuesday arrested two superintendents posted at the Goods and Service Tax (GST) office for allegedly demanding and accepting a bribe.
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CBDT using data analytics to identify people not filing tax returns
Updated : 7 years, 1 month ago IST
New Delhi, Jan 23 (ANI): The Central Board of Direct Taxes (CBDT) is identifying poeple through a non-filers monitoring system by using data analytics and has asked them to assess their tax liability for assessment year 2018-19, file the income tax returns or submit online response within
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Indian Rail Fin Corp can now raise additional debt
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 7 (ANI): Indian Railway Finance Corporation (IRFC) can now raise additional debt of more than Rs 63,000 crore rupees, following the government exemption from the ambit of an Indian Accounting Standard, pertaining to deferred tax liability.
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Mayweather to use McGregor fight to pay off 2015 tax bill
Updated : 8 years, 6 months ago IST
London [UK], July 11 (ANI): American boxing star Floyd Mayweather, who is coming out of retirement to fight Conor McGregor, has said that he cannot pay off his tax liability from 2015 until he fights MMA star Conor McGregor in August.
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Govt. identifies 1.36 crore non-filers under NMS
Updated : 8 years, 6 months ago IST
New Delhi, Aug 9 (ANI): The government has identified 1.36 crore non-filers with potential tax liability under the Non-Filers Monitoring System (NMS).
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