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Assessee Information System

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IT dept can check WhatsApp, email only during...: Sources

The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to......

Confiscation of currency was not demonetisation's aim: Jaitley

Finance Minister Arun Jaitley on Thursday said demonetisation resulted in formalisation of economy and increased tax base, prompting the government to earmark more resources for the poor and......

LS polls in Vellore cancelled over huge cash haul

The Lok Sabha election to the Vellore constituency in Tamil Nadu was cancelled on Tuesday by the Election Commission two days ahead of the polling following recovery of huge amount of cash......

'Modi needs another 10 years'

'I say Modi was India's last chance.''Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.' IMAGE: Prime Minister......

7 big steps for Modi 2

Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar. The people of India have given Narendra Damodardas Modi an unprecedented mandate. So what......

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need to be reopened, a process that might result in a raft of tax......

'Budget's Main Objective Was To Honour Taxpayers'

'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.' IMAGE: Finance Minister Nirmala Sitharaman and Finance Secretary Tuhin Kanta Pandey address a......

Compute tax demand for all assessees by Aug 31: CBDT chief to taxmen

CBDT chief also set a monthly target of disposing of pending appeals by sending communication through the e-filing portal and or through emails only. With tepid collections proving to be a......

All communications from I-T to assessees to carry DIN from Oct 1

The CBDT has now laid down parameters specifying the manner in which any communication issued by any income-tax authority relating to assessment, appeals, orders, statutory or otherwise,......

GST deadlock over administrative control on assessees

Continued lack of consensus at next meeting could cast shadow on GST rollout by April 1. Most issues related to the proposed Goods and Services Tax taken up by the GST Council have been resolved.......

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