taxation

Finance Bill to be taken up on Thursday    Further to the suggestions from the Members of Lok Sabha, the Government has agreed to extend the ongoing discussion on Demands for Gra..

Surcharge @12% Levied on Individuals, HUFs, AOPs, BOIs, Artificial Juridical Persons, Firms, Cooperative Societies and Local Authorities Having Income Exceeding Rs 1 Crore    The..

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, has given its approval to the following:-    i. Creation of two additional benches of the Authority for ..

Income Tax Department, Ministry of Finance, Government of India had initiated investigation into issuance of cheques by companies which are acting as entry operators to convert illegal cash into legitimate money. Recently in Kolkata, this investigation led to detection of substantial unaccounted income. In these cases, the unaccount..

remaining cases, Assessment Proceedings are at advance stage;   Information About Hsbc Foreign Bank Accounts was Received from the French Authorities in Respect Of 628 Indian Persons/..

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, in a major decision, has decided to accept the order of the High Court of Bombay in the case of Vodafone India Services Private Limited (VISPL) dated 10.10.2014. This is a major correction of a tax matter which has adversely affected investor sentiment.    Based on the opinion of Chief Commis..

  F. No. 137/99/2011 – Service Tax, New Delhi dated the   20th October 2011 span style="text-decoration: und..

A full  bench of Delhi High Court has overruled its earlier decision on constitutional vires of levy of service tax on Renting of Immovable Property Services.   Vide order dated 23-9-2011 delivered in the case of Home Retail Soulutions, the court has overruled the decision of its devision bench delivered in March 2008 holding that there is element of value add..

    INSTRUCTIONS REGARDING STANDARD OPERATING P..

  Maharashtra Sales Tax Department has conducted raids on 37 companies in Mumbai and unearthed Hawala transaction worth 6,500 crore rupees. A team of sales tax officials conducted raids at 12 places across the city yesterday. p clas..

  OFFICE MEMORANDUM [NO. 291/15/2011-IT (INV.I)] b style="mso..

  The Central Board of Direct Taxes has notified the scheme exempting salaried taxpayers with total income up to Rs.5 lakh from filing income tax return for assessment year 2011-12, which will be due on July 3..

  Income Tax dept to pay Rs six lakh to road mishap victim span style="font-size:12.0pt;line-height:115%;font-family: "Times New Roman","serif"..

  Prakash Chandra takes over as Chairman CBDT span style="font-size:12.0pt; line-height:115%;font-family:"T..

  Instructions regarding Standard Operating Procedure on filing of appeals to High Court under section 260A and related matters p align="center" class="MsoNormal" style="margin-b..