Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

Central Excise slapped Rs 4.6-crore tax notice on Indian Oil for not paying service tax under the head of a 'goods transport agency'.

Bihar`s Mahabodhi temple gets income tax notice

For the first time, the Income Tax department has issued notice to Bodh Gaya`s Mahabodhi temple, Buddhism`s holiest shrine, over its collections, officials Tuesday said.

35,000 tax notices on way; FM asks defaulters to clear dues

The action of the tax authorities come on top of notices sent to 70,000 assessees recently for recovery of tax dues to shore up revenues which it is feared may fall short of the budget estimates in the current financial year.

Not targeting Team Anna, says CBDT chief

Top income tax authority Friday
said it has not given direction for targeting anyone for political reasons and action against a member of team Anna would have come in "normal manner".