A Bench led by Chief Justice of India J.S. Khehar did not find any merit with the petition filed by advocate M.L. Sharma challenging certain provisions in the Income Tax Act.
The path breaking innovations introduced by the Department in the e-filing of Income Tax returns project includes a number of schemes.
The government has already waived merchant discount rates (MDR) on digital transactions of up to Rs2,000 till 31 December.
Just 1% Indians pay Income Tax – NITI Aayog CEO. Chief Executive Officer of NITI Aayog Amitabh Kant today said just one per cent of India’s more than 1.25 billion population pays Income Tax and the country cannot afford as high as 95 per cent of its economy making cash transactions. Addressing a Workshop on […]
Now, who would not like to escape paying taxes on income? There will be more money in the pocket or the bank account.
At the staff level around 40 percent posts are vacant, the income tax employees union in a release said.
Trade Unions requests Finance Minister for Income Tax Exemption Limit of Rs. 5 lakh for Salaried Employees
Taxable and Non-taxable Pay and Allowances – Principal Controller of Defence Accounts has issued classification of Pay and allowances
Income Tax Return – CBDT extends the last date for filing Income Tax return for the year 2015-16 (Assessment Year 2016-17) to 5th August 2016
Advantages and Need for filing NIL Income Tax Return – To show proof of Income, to get refund of TDS and to carry forward loss if any
Returns can be verified either electronically modes such as Aadhaar OTP, net banking, bank account number etc., or by sending the physical ITR-V to CPC, Bengaluru
Income Tax Returns for financial year 2015-16 (FY16) are due to be filed by 31 July 2016. Significant changes have been brought in the forms applicable for FY16.
Soon you will have to submit a copy of your income tax return (ITR) every year to the LPG dealer to claim subsidy on cooking gas cylinders.
CBDT Procedure for online submission of statement of deduction of tax under sub-section (3) of section 200
Taxpayers account for just about one per cent of India’s population, but tax outgo was over Rs. 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.