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.
Individual tax-payers could get notices in case of a loan or a cash gift from a relative.
In what is seen as a significant move, the DAP featured measures to reduce delay in procurement of essential items by the three services as it proposed a new enabling provision to acquire them through capital budget under a simplified procedure in a time-bound manner.
Rahman had received Rs 3,47,77,200 from Libra Mobile during 2010-11 in his individual capacity as an artiste which must have been considered for taxation and this was not considered by the Assessing Officer in the reassessment order.
Rahul Bhatia and Rakesh Gangwal - the founders of IndiGo - will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse.
'What has changed is the desperation of Pakistan proxies and the separatists in their failure to foment violence and civilian casualties in Kashmir.'
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HC restrains Nokia from selling, transferring ownership rights in India.
Actor Atul Kulkarni has written the script for the official Forrest Gump remake.
India's Hardik Pandya and Dinesh Karthik join an ICC World XI for the high-profile Twenty20 International against the West Indies at Lord's in London on May 31, being organised to raise funds for stadia in the Caribbean damaged by hurricanes last year.
These images are the emotional booster that everybody needs in these difficult times! Free-to-use photography app Agora invited its userbase to participate in the #Spring2020 photo competition with their best shots of the season that breathes new life into the world. Agora's latest contest challenged photographers from all over the world to show what spring looks like in their corner of the planet. In total, 14,596 photographers participated in the #Spring2020 contest.
Air Chief Marshal R K S Bhadauria's plan includes building 83 Tejas Light Combat Aircraft in quick time to fill the light fighter vacancies left by the retirement of MiG-21 and MiG-27 fighters.
Akum Ao struck twice as Assam Rifles defeated J-K Bank 2-1 to qualify for the main draw of Osian's Durand Cup football tournament at Ambedkar Stadium in New Delhi on Friday.
Assam Rifles and J & K Bank will face off on October 26 for a spot in the main draw of the Osian's Durand Cup tournament in New Delhi.
China starts construction of first indigenously built N-plant
Cahill took to his Instagram to reveal that he will be taking a 12-month break for personal reasons.
The fancied Mumbai side was beaten 0-2 in the quarter-finals of the Durand Cup football tournament.
According to the final draft of the negotiating text circulated by WTO Director-General Roberto Azevedo among trade ministers of the 159 member countries on Wednesday night, on public stockholding for food security purposes, a developing country like India can provide subsidies for farm support even if those exceed the permissible 10 per cent cap.
The match is being organised to raise funds for stadia in the Caribbean, which were damaged due to hurricanes last year.
It is understood that the BCCI wants a formal communication before they head to ICC Disputes Resolution Forum where they are set to counter PCB's compensation claim of US$ 70 million for not honouring the MoU signed in 2014.
China, Indonesia ready to agree to a four-year interim solution.
Images and summary of all the World Cup 2022 qualifiers played across continents on Tuesday.
The tax department is on a spree to ensure more taxpayers in the country use the PAN card.
Amid speculation that Atal Bihari Vajpayee and Netaji Subhas Chandra Bose may be named for the Bharat Ratna, a Congress leader on Sunday said Bahujan Samaj Party founder Kanshi Ram and Aligarh Muslim University founder Sir Syed Ahmed Khan should also be given the country's highest civilian award.
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 Auditor General (CAG) said on Friday.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
Amazing holiday ideas from Bollywood!
Any bank account suspected to have been "misused" for money laundering or shell company operations won't be exempted from probe under 'Operation Clean Money' despite having low deposits, the CBDT said on Tuesday.
Treats gains on sale of as capital gains, not business income, spares him from huge tax liability.
The recently promoted Commissioners will now take charge and ensure faster work.
Breaking her silence on the series of allegations levelled by her former ally, the BJP, Mehbooba said it was sad to see the saffron party disown its own initiative and label it a "soft approach".
Over a million people have been evacuated and hundreds of flights were cancelled as typhoon Chan-Hom made landfall on Saturday in eastern China, bringing severe winds and heavy rainfall to Zhejiang and neighbouring provinces.
'I am grateful to God that I am alive and he has made me differently-abled for a greater cause,' says Wing Commander Shantanu.
Government auditor CAG on Friday pulled up the Income Tax Department (ITD) for allowing irregular tax exemption to two Tata trusts involving tax implication of over Rs 1,000 crore (Rs 10 billion).
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Australia's quest for a record hat-trick of titles started with a hard-fought 2-1 win over Ireland in the opening Pool D match of the men's hockey World Cup, in Bhubaneswar, on Friday.
England scored through Will Calnan's (25th minute) field strike and penalty corner conversion by Luke Taylor (44th) to register the comfortable win.
