Search For "tax"
Delhi HC reserves order on Congress plea against I-T Dept's order of openi
Updated : 2 years, 3 months ago IST
The Delhi High Court on Wednesday reserved the order on a plea moved by the Indian National Congress (INC) Party against the Income Tax Department order opening assessment proceedings for years 2014-2015, 2015-2016, and 2016-2017.
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Gross Direct Tax collections for financial year 2023-24 register growth of
Updated : 2 years, 3 months ago IST
The provisional figures of Direct Tax collections for the financial year 2023-24 (as on March 17, 2024) show that net collections are at Rs. 18,90,259 crore, compared to Rs. 15,76,776 crore in the corresponding period of the preceding financial year 2022-23, representing an increase of 19.88
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All about the New 45 Days Payment Rule for MSME Registered Units - Section
Updated : 2 years, 3 months ago IST
New Delhi [India], March 19: Starting from the year 2024-25, there's a new rule for companies. They must pay any pending bills to small businesses within 45 days. If they don't, they'll have to pay more tax for the years 2023-24. This is because they can only claim deductions for payments th
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Congress moves Delhi HC against I-T re-assessment proceedings of three yea
Updated : 2 years, 3 months ago IST
The Indian National Congress (INC) Party on Tuesday moved Delhi High Court against Income Tax Department order opening assessment proceedings of three years.
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"Accounts of BJP should be seized": Sachin Pilot on electoral bonds
Updated : 2 years, 3 months ago IST
"The decision of the Supreme Court is welcomed. The BJP should clarify how much they have earned through this scam. The accounts of the Congress party are being seized but the Income Tax is not taking action against the BJP for earning thousands of crores through illegal bonds," Sachin Pi
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MoF launches digital public consultation on implementation of Global Minim
Updated : 2 years, 3 months ago IST
The digital public consultation reflects the Ministry's belief in the importance of consulting with all stakeholders including the multinational groups operating in the UAE, advisors, service providers, and investors.
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MHA decides to extend 50 pc financial support on GST on purchase of goods
Updated : 2 years, 3 months ago IST
The Ministry of Home Affairs (MHA) has decided to extend financial support of 50 per cent on Goods and Services Tax (GST) on the purchase of goods from Kendriya Police Kalyan Bhandar as a welfare measure to benefit serving and retired personnel of Central Armed Police Forces (CAPFs), Central
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Delhi HC refuses to stay IT proceedings against Congress for recovery of o
Updated : 2 years, 3 months ago IST
The Delhi High Court on Wednesday upheld the Income Tax Appellate Tribunal (ITAT) order refusing to stay on the Income Tax notice for recovery of more than Rs 105 crore as an outstanding tax against the Congress.
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BJP MP Tejasvi Surya urges Karnataka govt to roll back Bengaluru's new pro
Updated : 2 years, 4 months ago IST
Tejasvi Surya, the BJP MP representing Bengaluru South constituency, on Tuesday, urged the Karnataka government to roll back the Bruhat Bengaluru Mahanagara Palike's proposed property tax system, which relies on guidance value to determine the tax rates instead of the existing zonal-based c
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Delhi HC reserves order on Congress plea seeking stay on IT recovery proce
Updated : 2 years, 4 months ago IST
The Delhi High Court on Tuesday reserved an order on a plea moved by Congress which sought a stay on the Income Tax notice for recovery of more than Rs 105 crore as outstanding tax.
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Delhi HC to hear Congress plea tomorrow seeking stay on IT recovery procee
Updated : 2 years, 4 months ago IST
The Delhi High Court on Monday listed a plea moved by the Indian National Congress (INC) seeking a stay on the Income Tax notice for recovery of more than Rs 105 crore as outstanding tax for hearing on Tuesday.
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Delhi court sentences woman to 6 months jail for not filing ITR on income
Updated : 2 years, 4 months ago IST
A Delhi Court recently convicted and sentenced a woman to six months in jail for not filing a return on income of Rs two crores.
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