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Infosys to challenge Rs 577-crore tax demand notice Infosys to challenge Rs 577-crore tax demand notice The Income Tax department has slapped a fresh Rs 577-crore tax demand notice on Infosys for 2009-10 assessment year.
I-T Dept slaps Rs 582 cr tax demand notice on Infosys I-T Dept slaps Rs 582 cr tax demand notice on Infosys Income Tax department has slapped a fresh Rs 577-crore tax demand notice on Infosys for 2009-10 assessment year, adding to the tax woes of India's second largest IT firm.
Indirect tax collection up 3.3% in April Indirect tax collection up 3.3% in April Indirect tax collection in April, the first month of the 2013-14 fiscal, grew by a meagre 3.3 percent to Rs 33,684 crore with excise duty collection declining 14.7 percent year-on-year.
Taxmen call on WNS; slap tax demands of about Rs 557 cr Taxmen call on WNS; slap tax demands of about Rs 557 cr The company, however, has challenged the I-T notices in courts of law.
ITC may not qualify for Kolkata LTU facility ITC may not qualify for Kolkata LTU facility Cigarette to diversified conglomerate, ITC Ltd, may not qualify for entry into the proposed Large Taxpayers Unit (LTU) here for association with tobacco.
Govt will step up efforts to bring more people into tax net: FM Govt will step up efforts to bring more people into tax net: FM In a strong message to tax evaders, the government on Thursday said that it will step up efforts to bring more people into net and also endeavour to recover tax arrears.
I-T Dept's information utilisation deficient, says CAG I-T Dept's information utilisation deficient, says CAG There are deficiencies in the Income Tax Department's utilisation of information related to taxation and sometimes available details are either inadequate or incorrect, says a report by official auditor CAG.
I-T returns may require disclosure of all assets I-T returns may require disclosure of all assets In a bid to counter tax evasion, the Finance Ministry is contemplating making it mandatory for individuals and Hindu Undivided Families (HUFs) to report Indian assets and liabilities in income-tax (I-T) return forms.
Idea served I-T notice; terms it Idea served I-T notice; terms it "erroneous" Mobile operator Idea Cellular Thursday said it has been served a notice by the Income Tax Department, which the company believes is "erroneous" and it has approached appropriate forums.
Indirect tax collection in FY’13 exceeds revised estimate target Indirect tax collection in FY’13 exceeds revised estimate target The government's indirect tax collection for 2012-13 has exceeded the revised estimate (RE) by Rs 6,000 crore.
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