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Aam aadmi Kejriwal scripts extraordinary win in Delhi

Arvind Kejriwal, engineer, civil servant and Delhi's man with a development agenda, is the David who slayed the government's Goliath. IMAGE: Delhi Chief Minister Arvind Kejriwal waves to his......

Pro-CAA remark puts Rajini in BJP's court

While critics and protestors have multifarious arguments to offer, the defence of CAA has been uni-dimensional and uni-focussed as has been the case with most policies of the Modi government and......

Rs 300 cr unearthed in raids on TN film personalities: I-T dept

Income Tax searches in premises linked to various Tamil film personalities in Tamil Nadu has led to concealment of income estimated to be in excess of Rs 300 crore, the department said on......

AI has dues of over Rs 822 cr towards VVIP flights: RTI

Air India had stopped the practice of issuing tickets on credit to government agencies for the travel of their officials in December last year because of accruing pending bills. Cash-strapped Air......

On 135th foundation day, Cong vows to fight NRC, CAA

Vowing to fight against any attempt to undermine the Constitution, Congress leaders on Saturday ratcheted up attack on the ruling Bharatiya Janata Party over the National Population Register (NPR),......

Coronavirus scare: Manufacturers, retailers flock to offices of ministries

From the rollback of customs duty on key electronic components to fast tracking delivery of goods imported from China, players are looking for incentives on several counts. Amid fears of massive......

PAN to become inoperative after March 31 if not linked with Aadhaar

Through a notification, the CBDT amended Income Tax rules and inserted Rule 114AAA, stipulating the manner of making permanent account number inoperative. Illustration: Uttam Ghosh/Rediff.com......

Tax dispute resolution scheme made attractive

The scheme offers waiver of interest, penalty, and prosecution for settling tax disputes. Illustration: Uttam Ghosh/Rediff.com Making the direct tax dispute resolution scheme attractive, the Union......

Redefined in Budget 2020: Who's an Indian resident

No attention to detail seems to have been paid while introducing such a major provision and the wide arc of people it will take in its ambit, states Harsh Roongta.Illustration: Dominic......

'Getting rid of tax exemptions is a right move'

'If you do quick back-of-the-envelope calculation, someone earning Rs 10 lakh can get a benefit of anywhere between Rs 35,000 and Rs 45,000, even if s/he is availing exemptions.''A large proportion......
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I-Tax Department open house today

The Department of Income Tax will hold the sixth open house for the financial year for tax payers, their representatives and professionals from... ...

https://www.thehindu.com/news/cities/Madurai/i-tax-department-open-house-today-madurai/article30923266.ece
CAT relief for IRS officer in AP govt crosshair

Senior Indian Revenue Service (IRS) officer Jasti Krishna Kishore got relief on Tuesday when the Central Administrative Tribunal (CAT), Hyderabad,... ...

https://timesofindia.indiatimes.com/city/vijayawada/cat-sets-aside-irs-officers-suspension-to-go-back-to-i-t-dept/articleshow/74313969.cms
Income Tax Dept

The income tax (I-T) department has accused Sir Dorabji Tata Trust of not sharing former managing trustee R Venkataramanan’s employment contract,... ...

https://economictimes.indiatimes.com/news/company/corporate-trends/tata-trust-refused-to-share-venkatramanans-employment-contract-income-tax-dept/articleshow/74310498.cms
Cases in arbitration abroad eligible, says I-T dept

The I-T department issued advertisements in leading dailies saying the scheme was a "golden opportunity... to settle income tax disputes" and... ...

https://economictimes.indiatimes.com/news/economy/policy/vivad-se-vishwas-scheme-cases-in-arbitration-abroad-eligible-says-i-t-dept/articleshow/74254313.cms
8,700 pharma firms in India claimed tax deductions for ‘gifts’

Around 8,667 pharmaceutical companies claimed income tax deduction under “sales promotion expenses” and “gifts” during 2019-20, the income... ...

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/8700-pharma-firms-in-india-claimed-tax-deductions-for-gifts/articleshow/74253019.cms

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