The Income Tax Department has detected undisclosed income worth Rs 22,475 crore in over 9,500 surveys conducted over the past two years, F...
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Showing posts with label INCOME TAX. Show all posts
Showing posts with label INCOME TAX. Show all posts
UNION BUDGET 2016-2017 - AN ANALYSIS
The third budget of the Finance Minister Arun Jaitley looked giving priority to the fiscal discipline and highlighted the growth pillars...
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Jaitley warns black money holders of consequences
Asking domestic black money holders to take advantage of the ongoing scheme to come clean, Finance Minister Arun Jaitley on Thursday said ...
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Black money disclosure in AY17-18 to attract prosecution
The Income Tax Department today warned of prosecution if undeclared income of past years is passed off as current income instead of dis...
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CBDT notifies rules for calculating assets' fair market value
The tax department today notified rules for calculating 'fair market value' of assets located in India in case of indirect tran...
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IT dept to take steps to boost TDS collections
Buoyed by a steady growth in collections from tax deducted at source (TDS), the Income Tax department now plans to undertake multiple s...
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Wilful defaulters: IT dept to use powers to arrest, detain
Officials have been directed not to shy away from the rare provisions of arrest, detention and auctioning of attached assets of wilful ...
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IT dept to block PAN, LPG subsidy of defaulters
In order to cripple and check the activities of willful tax defaulters, the Income Tax department has decided to "block" Perm...
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Domestic black money window will ensure peace of mind: IT Dept
The Income Tax department today brought out its first public advertisement to popularise and create awareness about the four-month window...
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