Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20

Latest Articles in tax department

Ethan Govt Approves Restructuring Of Commercial Taxes Deptt

The Commercial Tax Department plays an important role in the collection of revenue of the state government. Its contribution to the tax revenue of the state is about 50 per cent.

Read More

Sale Of Cairn Shares By Govt A Bad Decision?

The tax department reasoned the decision to the fact that Cairn had begun the process to sell its residual stake in 2014 and the company would have fled the country after that, leaving no avenues to recover the levy.

Read More

Over 4.54 Cr ITRs Filed For Fiscal 2019-20 Till Dec 29

The data released by the tax department showed that over 2.52 crore ITR-1 have been filed till December 29, 2020, lower than the 2.77 crore filed till August 29, 2019.

Read More

Tax Tribunal Upholds Tax-Exempt Status Of Tata Trusts; Censures Mistry

The income tax department had based its action on the premise that charitable trusts claiming tax-exempt status are prohibited from buying and selling shares and benefitting from such activity.

Read More

Karnataka Tax Dept finds 60 GST registrations linked to Chinese national from Wuhan, seals warehouse in Bengaluru

Karnataka Tax Dept finds 60 GST registrations linked to Chinese national from Wuhan, seals warehouse in Bengaluru

Read More

Tax Officials Conduct Surprise Search At Softbank-Backed Oyo

In November, internal projections showed Oyo’s India business will likely make losses until 2021.

Read More

Nirmala Sitharaman Says Tax Targets 'Absolutely' Achievable: Report

India expects to rake in 24.6 trillion rupees (USD 358.97 billion) in gross tax revenue in 2019-20.

Read More

Taxmen To Spy Into Your Social Networking Sites To Trace Black Money

'Project Insight', likely to be launched next month, will use big data analytics to match information from social media sites to deduce mismatches between spending pattern and income declaration

Read More

I-T Dept Asks FIs To Get Accounts Self-certified By 30 April

The tax department asked financial institutions (FIs) to get self-certification from account holders by April 30 to comply with FATCA provision and avoid blocking of accounts.

Read More

Demonetisation: Right Wrong Step

There is no way one can find fault with the intent behind the demonetisation announcement. There has been a significant level of undeclared money in the system that has evaded the taxman’s eyes for years. The PM deserves credit for this brave, bold, transformational and historical move

Read More

Tax Department Not To Hound Small Depositors, Says Arun Jaitley

Assuring people that taxman will not hound those making small deposits in scrapped Rs 500/1,000 currency, Finance Minister Arun Jaitley on Thursday advised them not to throng banks as there is enough time to exchange the junked notes

Read More

Top Mistakes Done While Filing Income Tax Return

Most of the professionals and start-ups these days are inclined to file their income tax return themselves

Read More