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National Herald case: Sonia calls I-T notice political witch hunt

Congress president Sonia Gandhi on Wednesday accused  the government of vindictiveness in the wake of an income tax notice in the National Herald case, asserting  that such......

Jayalalithaa told to appear on June 9 in income tax case

A court in Chennai on Tuesday adjourned to June 9 the income tax return cases against Tamil Nadu Chief Minister J Jayalalithaa and her aide Sasikala for their appearance. When the case came up for......

Lesser known parties bring out out-of-the-box manifestos in Guj

Armed with out-of-the box manifestos that promise abolition of income tax and unemployment allowance to educated youth, 48 Lok Sabha candidates of 21 lesser known parties have jumped in the poll......

Why we must support the Food Security Bill

Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India’s poverty has damaging consequences for......

Income tax dues can be paid at RBI offices, 29 banks

The Reserve Bank has asked the public to pay their income tax dues well in advance so as to avoid standing in long queues and stated that 29 agency banks are also authorised to accept such......

What the Income Tax rate was 40 years ago

For those of you who think the 30 per cent peak income tax rate along with an education cess of three per cent is way too high, here's something that could make you feel better.  Forty years......

SpiceJet under I-T lens for TDS violations

Low cost airline SpiceJet is under the scanner of Income Tax Department for suspected violations of tax deducted at source and distribution of Form-16 to its employees, a top CBDT official said on......

Sahara's puzzling case: Govt may lose Rs 29,000 crore

The income tax department is not only trying to bring down the potential inflow to exchequer from Rs 39,000 crore to Rs 10,049 crore, but it also seems under prepared to even defend that Rs 10,049......

How to make tax collection more efficient

Tracking a smaller number of taxpayers with a high income base and using data from millionaire surveys and purchases of high-end cars and houses can make the tax department more efficient,......

CAG reveals irregular tax exemptions to cricket associations

The Income-tax Department has allowed irregular exemptions on TV rights from BCCI to four cricket associations resulting in non-levy of tax to the tune of Rs 37.23 crore, the Comptroller and......
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  People speak for income tax

  • QNA
yogesh jain
Q. Can anybody leave a powerfull / lucrative job of Income Tax commissioner...? A power full post of CM of Delhi...? An honest and sincere person who want to serve the country can sacrifice good things. It was done by Mr Kejriwal...if we call him Bhagoda we should feel ashamed off. He is fighting another freedom struggle..He never thought to come and join politics, he came because MR Digvijay Singh provoked him...Why if BJP is honest in its dealings, support Kejriwal's Janlokpal in Delhi Assembli, rather it joind hand with Congress...?Thanks
Yogesh Jain:  A.  more

http://qna.rediff.com/questions-and-answers/can-anybody-leave-a-powerfull--lucrative-job-of-income-tax-c/27396720/answers/

amitava duttamajumdar
Q. will Narendra Modi will make uniform Dear Allowance for all states and increase the exemption limit of income-tax?
Amitava Duttamajumdar:  A. he is definitely a bhagora what ever u want to write in his fovour does not matter no. Even He has accepted his blunder of resigning from CMs...... more

http://qna.rediff.com/questions-and-answers/will-narendra-modi-will-make-uniform-dear-allowance-for-all-/27394713/answers/27396727

Earth
Q. Would you steal money from someone wealthy if you could get away with it and thought it was the only way to support your family?
Earth:  A. time will tell more

http://qna.rediff.com/questions-and-answers/would-you-steal-money-from-someone-wealthy-if-you-could-get-/27392359/answers/27394716

new moon
Q. BAD DEBTS PROVISION NOT ALLOWED EXCEPT IN CASE OF BANKS FOR INCOME TAX CALCULATION
New Moon:  A. CHALO GOING TO HAVE LUNCH , BYE GUIES , HOPE U UNDERSTOOD THE RECENT JUDGEMENTS ON INCOME TAX more

http://qna.rediff.com/questions-and-answers/bad-debts-provision-not-allowed-except-in-case-of-banks-for-/27392331/answers/27392362

  Web results for Income Tax
Whether MVAT TDS is transferable ?

Whether MVAT TDS credit can be transferred in favour of Sub contractor? - Guiding sections are sec. 31(4) and Sec.45(4) of MVAT ACT.,... ...

http://www.caclubindia.com/articles/whether-mvat-tds-is-transferable--21574.asp
Demand u/s 143 (1) by income tax department and rectification u/s 154

Income Tax Return filing season for certain class of assessees including individuals not falling under tax audit provisions has just been over and... ...

http://www.caclubindia.com/articles/demand-u-s-143-1-by-income-tax-department-and-rectification-u-s-154-21569.asp
What about the small merchants?

A few months ago, I was discussingwith anonline payment platformcompany, issues related to piracy of reports that we intend to sell. Were not doing... ...

http://www.medianama.com/2014/08/223-rbi-online-billing-merchants/
Significant improvement in traffic, revenue and profitability 4.3 million Passengers

AEGEAN reports improved results for the first half of 2014, resulting from the benefits of its network expansion and from cost synergies with... ...

http://www.travelandtourworld.com/news/article/significant-improvement-traffic-revenue-profitability-4-3-million-passengers/
Dollar Tad Higher Against Yen In Directionless ...

By Hiroyuki Kachi The dollar was a tad higher against the yen in rangebound Asia trade Friday, with the greenback unable to find clear direction... ...

http://in.advfn.com/p.php?pid=nmona&article=63409093

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