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SC gives CBI three-month deadline to get details on NGOs I-T returns

Last Updated: Tuesday, July 08, 2014, 11:49

The Supreme Court on Tuesday granted three months time to the Central Investigation Bureau (CBI) to provide information related to filing of Income Tax returns by the NGOs registered in the country.

E-returns: CBDT may soon do away with submission of ITRV form

Last Updated: Sunday, January 12, 2014, 10:35

"The decision could happen soon as this concerns a lot of taxpayers and will be seen as customer-friendly," a source privy to the development said.

FinMin assures India Inc of efficiency in tax administration

Last Updated: Wednesday, November 20, 2013, 18:00

"As per law we will go for revenue, but what is due, we will do as per rules ... Please trust us. Ultimately we need to trust you, you need to trust us. Without trust, nothing can move on," Revenue Secretary Sumit Bose said at a CII event here.

Issue TDS certificates on time to customers: RBI to banks

Last Updated: Wednesday, November 06, 2013, 22:24

The RBI Wednesday asked banks to put in place systems to enable timely issuance of TDS certificates to their customers.

IAS officer refutes allegations of disproportionate assets

Last Updated: Thursday, October 31, 2013, 14:29

IAS officer Manoj Agarwal, who has been charged by the CBI for amassing assets disproportionate to his known source of income, has refuted the allegations saying all the assets have been duly mentioned in Income Tax returns and the case was registered in a "malafide manner".

CA student hacks industrialist Anil Ambani's I-T account

Last Updated: Friday, September 13, 2013, 16:06

A young chartered accountant student from Hyderabad has allegedly hacked into the e-filing of income tax returns account of leading industrialist Anil Ambani, with an intention to know his income and tax amount paid over a period of time, police said today.

Vodafone in multi-million Britain tax settlement

Last Updated: Monday, August 19, 2013, 09:11

The Guardian reported that accounts filed in Dublin showed that in 2009 Her Majesty's Revenue and Customs (HMRC) settled a dispute with the British telecom’s provider over its Irish tax returns.

E-filing of I-T returns crosses one-crore mark

Last Updated: Sunday, August 04, 2013, 10:28

The Central Board of Direct Taxes (CBDT), the administrative authority of the Income Tax department, has recently enhanced the last date for filing of I-T returns, both manual and e-filed, to August 5 for the 2013-14 fiscal.

Govt extends last date for filing income tax returns to Aug 5

Last Updated: Wednesday, July 31, 2013, 14:10

The due date, which was today, has been extended in wake of "unprecedented surge" in number of I-T returns being filed electronically.

Special counters to file tax returns in Delhi

Last Updated: Wednesday, July 17, 2013, 17:33

Special counters for filing of tax returns will be set up in the national capital.

E-filing of income tax returns to surge on new norms

Last Updated: Sunday, July 14, 2013, 10:48

"A large number of people come under Rs.5 lakh to Rs.10 lakh category. The lowering of income limit for mandatory e-filing will give a boost to online filing of returns," Vineet Agarwal, a director at KPMG India, said.

Top I-T officials to discuss ways to augment revenue

Last Updated: Monday, May 27, 2013, 19:19

With government targeting Rs 6.68 lakh crore from direct taxes, top income tax officers will gather here tomorrow to discuss ways to augment revenue collection and widen tax base.