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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......

Taxpayers may not disclose co sponsored foreign trips to I-T

The Finance Ministry is likely to exempt assesses from sharing details of company sponsored foreign trips in the revised Income Tax Return (ITR) forms, but may retain the disclosure of foreign bank......

Check your new I-T assessment range before filing returns

With Income Tax returns filing season commencing soon, taxpayers have been advised to re-check their new assessment ranges as the I-T department has carried out a large-scale restructuring and......

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......
  Web results for Assessee
Tax on rental income of education trust exempted

MUMBAI: In a relief to Shri Vile Parle Kelavani Mandal (SVKM), an educational trust that runs Narsee Monjee Institute of Management Studies, the... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/47d436f9/sc/28/l/0Leconomictimes0Bindiatimes0N0Cwealth0Ctax0Esavers0Ctax0Enews0Ctax0Eon0Erental0Eincome0Eof0Eeducation0Etrust0Eexempted0Carticleshow0C479374430Bcms/story01.htm
Tough Black Money law exempt those under investigation from getting any leeway

Those under investigation for unaccounted foreign assets allegations won't get the benefit of a one-time disclosure window under the new black... ...

http://www.businessinsider.in/Tough-Black-Money-law-exempt-those-under-investigation-from-getting-any-leeway/articleshow/47937321.cms?utm_source=ten_minutes_with&utm_medium=Referral&utm_campaign=Content_Patnership
Govt notifies rules for black money valuation

Anyone having an undisclosed bank account abroad will now have to pay tax and a penalty on the sum of deposits made since opening the account,... ...

http://www.domain-b.com/economy/general/20150704_black_money.html
CBDT Writes Black Money Maths in B and W

NEWDELHI: To deal with the menace of black money stashed abroad, the government on Friday notified the rules for calculating overseas income and... ...

http://www.newindianexpress.com/business/news/CBDT-Writes-Black-Money-Maths-in-B-and-W/2015/07/04/article2900864.ece
No compliance opportunity for assets already discovered by I-T

Individuals, companies and partnerships with undisclosed foreign wealth which had escaped taxation in India for any period up to March 31, 2015 can... ...

http://www.financialexpress.com/article/economy/no-compliance-opportunity-for-assets-already-discovered-by-i-t/94472/

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