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Cipla gets Rs 773 cr demand notice from I-T dept

Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.

PTI   


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2 mins read

Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept

The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…

PTI   


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Higher cash seizures being recorded by I-T dept every assembly polls: CBDT

Cash seizures made by the Income-tax department during successive assembly elections have shown a s…

PTI   


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1 min read

I-T dept conducts survey at some entities of Hinduja Group

The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja…

PTI   


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Income Tax dept to hire 50 young law, accountancy grads for better litigation at ITATs

The Income Tax Department has decided to temporarily hire 50 young law and chartered accountancy gr…

PTI   


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Income Tax dept selects 68,000 high-value transaction cases for e-verification

CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage volu…

ANI   


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2 mins read

I-T Dept to share taxpayers' PAN, other data with Sebi

Name and PANs of partners in partnership firm and LLPs, KYC information contained in IT Return like…

PTI   


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2 mins read

Don't miss Mar 31 deadline for linking PAN-Aadhaar: I-T Dept

"It is mandatory to link your PAN and Aadhaar before 31st March, 2020. You can do it through Biome…

PTI   


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2 mins read

I-T dept amends tax challan to include non-resident e-commerce suppliers for equalisation levy

"This has rather imposed a burdensome and challenging task for non-resident e-commerce players to …

PTI   


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CPCB notices to govt depts, agencies on pollution rules' violations

New Delhi, Dec 10 (IANS) With several government departments and agencies allegedly not adhering to…

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2 mins read

I-T dept makes new utility for banks, POs to check TDS rate on high value cash withdrawals

To ensure filing of return by these persons and to keep track on cash withdrawals by the non-filer…

PTI   


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2 mins read

I-T Dept launches e-calculator to compare due tax under new, old regime

Taxpayers in three age categories of normal citizen (below 60 years), senior citizen (60-79 years) …

PTI   


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I-T dept launches e-calculator to compare due tax under new, old regime

In the new personal income tax regime, as proposed by Union Finance Minister Nirmala Sitharaman in …

PTI   


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Biden's Education Dept. just erased $5.8 billion in student-debt for 323,000 borrowers

Education Sec. Miguel Cardona announced automatic cancelation for borrowers with total and permanen…

Ayelet Sheffey   


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I-T dept conducts searches at 39 locations to check 'tax evasion' by BSE brokers, traders

New Delhi, Dec 7 () The income-tax (I-T) department has conducted searches at 39 locations to check…

PTI   


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US military set to require COVID vaccines for all staff and service members by mid-September, according to Dept. of Defense

The US military will make the vaccines mandatory by mid-September or when the FDA fully approves th…

Matthew Loh   


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1 min read

COVID-19: IRS body says I-T Dept pursuing extension of Mar 31 deadline for tax-related works

"Feasibility of commuting of officers/staff, prohibitory orders under section 144, border restricti…

PTI   


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4 mins read

3 student-loan company shutdowns are leaving millions of borrowers hanging, but the Education Dept. still 'expects' to restart payments on February 1

Federal student-loan payments have been on pause since the start of the pandemic, and many borrower…

Ayelet Sheffey   


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3 mins read

Vodafone Idea presses for Rs 7,000 cr tax refund; I-T dept hesitant in view of fresh liability

New Delhi, Nov 19 () Vodafone Idea, India's third-largest telecom service provider, is seeking abou…

PTI   


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2 mins read

IT Dept to strike again, this time armed with information on deposits and purchases from demonetisation drive

"We have information flowing in from different sources including Financial Intelligence Unit... We …