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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......

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......

I-T dept sends letters to 70K high spenders to pay tax

The government said on Tuesday it would send letters to 70,000 'high priority' assessees this month asking them to disclose their true income and pay taxes in the current financial year. ". .......

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
Income tax department orders special audit of MCX-SX, NSEL

In a bid to curb potential revenue leakages in the Rs 5600 crore NSEL payment crisis, the has ordered a special audit of MCX-SX and NSEL, three... ...

http://economictimes.indiatimes.com/markets/stocks/market-news/income-tax-department-orders-special-audit-of-mcx-sx-nsel/articleshow/33941774.cms
Save TDS on interest on FDs

No TDS is deducted by banks on interest earned in saving bank accounts and recurring deposit accounts We invest money in fixed deposits to get... ...

http://www.indiainfoline.com/Markets/News/Form-15G-and-15H-Save-TDS-on-interest-on-FDs/5907494747
How to deal with demand notice for late TDS returns

B Actually with effect from July 1, 2012, the IT Department has made it mandatory to pay late fee of Rs. 200 per day since the due date, in case... ...

http://www.moneycontrol.com/news/tax/how-to-dealdemand-notice-for-late-tds-returns_1070166.html
Madras High Court hikes compensation amount for victim's family

The family of a self-employed person who died in a road accident three years ago, will get nearly Rs.8.50 lakh, more than the sum awarded by a... ...

http://www.thehindu.com/news/national/tamil-nadu/madras-high-court-hikes-compensation-amount-for-victims-family/article5912237.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Five points that spook India inc

Uncertainty impacts sentiments of global investors Taxability of offshore transactions involving indirect transfer of assets in India has been a... ...

http://www.business-standard.com/article/opinion/five-points-that-spook-india-inc-114041300641_1.html

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