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Vivad Se Vishawas Scheme 2024: Income Tax Department releases new FAQs on eligibility, tax amount payable; Check details hereVivad Se Vishwas Scheme 2024: You can settle your pending income tax litigation cases by appling for Vivad Se Vishwas Scheme 2024. The Mini...- PSBs finding it hard to fill IT roles on boards; seek relaxation in RBI rule that mandates tech strategy panelsState-owned lenders in India are seeking relaxation in the Reserve Bank of India's guidelines regarding the composition of board-level info...
- I-T department asks taxmen to accept applications till September 30 for settlement before Interim BoardThe 2021-22 Budget, through the Finance Act, amended the provisions of the Income-Tax Act, 1961 to provide that the Income-tax Settlement C...
- CBDT allows taxpayers to file applications by September 30 for settlement of pending tax casesTo dispose of the pending settlement applications as of January 31, 2021, the government had constituted the Interim Board for Settlement. ...
- Experts raise concerns over Budget proposal to scrap Income-Tax Settlement CommissionWhile the government expects the move will simplify tax administration, ease compliance and reduce litigation, tax experts claim any non-co...
- SC tells CBDT to address NRI tax fearsDosa chain Saravana Bhavan moves Madras HC after being turned away from Income Tax Settlement Commission
- I-T Dept allows revision of declarations filed under 'Vivad Se Vishwas' schemeIssuing a set of FAQs on 'Vivad Se Vishwas' scheme, the Central Board of Direct Taxes (CBDT) also said the scheme cannot be availed in a ca...
- Yash Birla case to decide status of offshore trustsThe dispute relates to multiple overseas trusts, allegedly holding close to Rs 1,550 crore, where Birla is named as one of the beneficiarie...
- Taxmen divided as builders claim cash deals as ‘loans’Builders are escaping tax and penalty by showing cash as ‘loans’ without adequately substantiating the transaction.
- Rahul attacks PM on Sahara issue latching on to ITSC order"Immunity for Sahara or immunity for Modiji? If your conscience is clear Modiji why fear investigation?", the Congress Vice President tweet...
- Scared of tax penalties and imprisonment on black money? This may help you get immunityHowever, the final decision on whether to grant immunity or not rests with the concerned tax authority where you have appealed for the same.
- Emaar MGF's Sharavan Gupta seeks immunity from penalty over Rs.31 crore of undeclared incomeIn his settlement application, Gupta has claimed that he was also a settler of trusts named Amrita Trust, with his family members as benefi...
- Government collected Rs 2,140 crore as tax from BCCI since 2004-05The government today said it has collected Rs 2,140 crore from BCCI out of total demand of Rs 2,510.48 crore from assessment year 2004-05 o...
- Pranab Mukherjee to make big Budget change in direct tax lawsSaddled with tax arrears of Rs 2,50,000 crore -- more than half of tax collection for 2010-11, the FM may introduce major changes in tax la...
- SC commences hearing on Jayalalithaa's IT caseThe Supreme Court asked the former Tamil Nadu CM J Jayalalithaa to satisfy it about her source of income, in a case relating to her disclos...
- SC notice to IT Dept on Jayalalithaa's appealThe Supreme Court on Friday issued a notice to the Income Tax Department on former TN chief minister J Jayalalithaa's plea challenging a Ma...
- 'Energy efficiency can power profits'With power and cooling costs estimated to rise to one-third of the total IT budget by 2010, corporates seem to have woken up to the need fo...
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