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Jagan's tax assessments still on: Senior IT official

The Income Tax department is still in the process of assessing assets and income of Kadapa Member of Parliament Y S Jaganmohan Reddy and the group of companies owned by him as well as that of......

Thinkfest: Revenue dept looking into tax paymt by event mgmt co

The Central revenue department is inquiring into the payment of service tax by the event management firm which had organised the controversial Thinkfest on behalf of the Tehelka magazine. "We......

Avoid whips, threats, I-T dept tells officers

The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis. This advice, issued......

Haven't filed tax returns? You still have time

In an effort to meet the revenue targets, the Income Tax (I-T) Department will be sending out letters to 230,00,00 assessees who have not filed returns. It has already issued letters to 245,00,00......

I-T sends letters to 35,000 assessees for not filing returns

Getting tough, the Income Tax department has sent letters to additional 35,000 assessees who do not file returns."The Income Tax department has sent letters to another batch of 35,000 non filers......

I-T reminders to 12 lakh assessees for not filing returns

Tightening its noose on those who do not pay taxes, the Income Tax Department has started sending letters to around 12 lakh assessees who are high spenders but do not file returns, a top finance......

E-filing of audit reports must with tax returns

The new income-tax forms notified by the government have made it mandatory for many assessees to file their audit reports in the electronic mode at the time of filing tax returns. “(The) list......

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......

  People speak for assessee

  • QNA
Uncommon Freind
Q. What is prudence in making E-filing must for people with annual income above Rs 5 lakh ?
Uncommon Freind:  A.  more

http://qna.rediff.com/questions-and-answers/what-is-prudence-in-making-e-filing-must-for-people-with-ann/25162158/answers/

puranam mahalaxmi
Q. If your subordinates were to assess your performance, how would you expect them to grade you?
Puranam Mahalaxmi:  A. Income tax returns for the group above Rs 5 lakh will be e-filed. This is a move towards using technology so that the interface between the...... more

http://qna.rediff.com/questions-and-answers/if-your-subordinates-were-to-assess-your-performance-how-wou/24422588/answers/25162198

Aftab Alam
Q. Online e-filling of TDS return are mandatory for all assessee
Aftab Alam:  A. Okay Its very interesting ! in fact it can be tested and implented in some commercial organisation considering its pros and cons seriously .Suppose...... more

http://qna.rediff.com/questions-and-answers/online-e-filling-of-tds-return-are-mandatory-for-all-assesse/23294259/answers/24422623

Raji Sharma
Q. What is Form 15G (TDS), will will issue this I am getting for 16A every year from my CO.
Raji Sharma:  A. no more

http://qna.rediff.com/questions-and-answers/what-is-form-15g-tds-will-will-issue-this-i-am-getting-for-1/22751130/answers/23294264

  Web results for Assessee
Outstanding tax demand up at Rs 5.75 lakh cr in FY'14

previous fiscal, the government said today. The outstanding demand pending collection/recovery at the end of 2013-14 fiscal was Rs 5,75,340 crore,... ...

http://www.business-standard.com/article/pti-stories/outstanding-tax-demand-up-at-rs-5-75-lakh-cr-in-fy-14-114112501297_1.html
Tds on commercial loans from finance corporations or banks

Dear Members, Namasthe! The assessee had availed a loan from financial institution for purchase of TATA Hitachi Ex-200. He is paying Rs.... ...

http://www.caclubindia.com/forum/tds-on-commercial-loans-from-finance-corporations-or-banks-312658.asp
Section 40a(2)

Hello, I have a query regarding Section 40A(2) with regards to payment of an expense incurred by the assessee in relation to loan taken by its... ...

http://www.caclubindia.com/forum/section-40a-2--312642.asp
Urgent help required

During the previous year, assessee was carrying out a sole proprietorship business for april 2013 to december 2013. He converted his proprietory... ...

http://www.caclubindia.com/forum/urgent-help-required-312599.asp
All about sec 194 i in details imp !!!

1. What are the provisions relating to TDS on rent ? From which date same are applicable? As per the Finance Act, 1994 the provisions ofTDS on... ...

http://www.caclubindia.com/forum/all-about-sec-194-i-in-details-imp--312467.asp

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