Mridula stood shivering outside the magistrate court in Mumbai. It wasn’t the drop in temperature, but the thought that she could land in jail owing to a rigorous
Infosys roped in to roll out ₹4,241-crore project to make filing of returns a breeze With the Union Cabinet, at its meeting held on Wednesday, approving a ₹4,241-crore ‘Integrated E-filing
Prosecution notices issued for smallest of defaults, mechanically in 2018’ Concerned over the large number of prosecution cases being filed by income tax authorities, nearly six regional tax
The Income Tax (I-T) department will seek details of trading worth several thousand crores on commodity and equity exchanges, which were carried out a few years ago using
The government has linked the appraisals of commissioners of income tax (appeals) to the number of rulings they make in favour of the tax department. This has spooked
The Bombay High Court instructed the income tax department in a recent case to recover Rs 1.5 lakh from tax officers for adjusting refund of the amount due
Initial public offerings, bonus, rights issues and ESoPs will be eligible for concessional rate of 10 per cent long-term capital gains (LTCG) tax even if the Securities Transaction
Nagarajan Seyyadurai, the Managing Director of SPK and Co Expressway Pvt Ltd, was raided in July over tax evasion allegations. Cash and gold bullion recovered by the IT
The CBDT extended the deadline for filing Income Tax Return (ITR) and audit report for the financial year 2017-18. Once again the CBDT has extended Income Tax Return