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Income Tax

ED books IRS officer Neeraj Singh after massive search at six locations in PMLA case

IRS Neeraj Singh is under scanner for accumulating huge wealth in the name of his associates by giving undue favours by misusing his official position.

Sep 14, 2019, 18:38 PM IST

Small start-ups with turnover upto Rs 25 crore will continue to get tax holiday, clarifies CBDT

The Section 80-IAC of the Income Tax Act, 1961 provides deduction for 100 percent of income of an eligible start-up for 3 years out of 7 years from the year of its incorporation.

Aug 23, 2019, 11:43 AM IST

Direct Tax Code set to replace existing Income Tax Act of 1961, Task Force to submit report today

In order to review the Income-tax Act, 1961 and to draft a new direct tax law in consonance with the economic needs of the country, a Task Force was constituted by the Government in November, 2017.

Aug 19, 2019, 13:30 PM IST

Experts' hope high from direct tax code

The Modi government in its previous term had set up an Expert Committee in 2017 to draft a new Direct Tax Code (DTC) to replace the decades-old Income Tax Act, 1961.

Aug 19, 2019, 12:28 PM IST

CBDT refuses reports about Income Tax notices to Durga Puja Committees

The CBDT added that based on information that several contractors who were doing work for the committees were not paying due taxes, notices were issued in December, 2018 to about 30 committees, calling for details of tax deducted at source on payments made to contractors and event managers etc. engaged by the committees for the Puja events, including the TDS statement.

Aug 13, 2019, 23:56 PM IST

TMC to sit on dharna against IT lense on Durga Puja committees

Vehemently opposed to the idea of these committees being under the IT lense, TMC chief and West Bengal CM Mamata Banerjee has repeatedly taken potshots at the Narendra Modi government.

Aug 11, 2019, 16:59 PM IST

Income Tax department busts inter-state tax theft worth Rs 700 crore

As many as 55 places were raided by the Income Tax department in Tamil Nadu, including Chennai, Coimbatore, Thanjavur, etc and also in Kerala, Andhra Pradesh and Goa.

Aug 11, 2019, 12:05 PM IST

CBDT enhances monetary limits for filing of appeals by Income Tax Department

CBDT said that there is a substantial pendency of appeals of the Income Tax Department before various appellate fora, adding that it is aware of the importance of litigation management and has been continuously working towards achieving the same.

Aug 09, 2019, 12:47 PM IST

DNA: Non Stop News, 30th July 2019

This segment of DNA brings to you important stories of the day. Watch this video for more info.

Jul 30, 2019, 22:50 PM IST

Mamata Banerjee hits out at BJP-led Centre for bringing Durga puja committees under IT Department

The West Bengal Chief Minister argued that the puja committees cannot be taxed.

Jul 23, 2019, 09:29 AM IST

I-T dept attaches Rs 400 crore-worth 'benami' property of Mayawati's brother Anand Kumar

The seven-acre plot in Uttar Pradesh’s Noida was “beneficially owned” by Mayawati’s brother Anand Kumar and his wife Vichiter Lata.

Jul 18, 2019, 13:01 PM IST

Shilpa Shetty gets tax relief from Mumbai Income Tax Appellate Tribunal

The actor had declared a taxable income of Rs 7.6 crore, however Tax authorities after assessment redetermined it at Rs 13 crore. The additional Rs 5.4 crore was added as ‘transfer pricing’ adjustment.

Jul 08, 2019, 13:00 PM IST

News 50: Watch top news stories of today; July 07, 2019

This segment of Zee News brings top news stories of the day. Watch this video to know the latest news stories.

Jul 07, 2019, 07:40 AM IST

Top 25 News: Watch top 25 news stories of the day

This segment of Zee News brings top 25 news stories of the day. Watch this video to know the latest news.

Jul 07, 2019, 07:38 AM IST

Top 25 News: Watch top 25 news stories of the day

This segment of Zee News brings top 25 news stories of the day. Watch this video to know the latest news.

Jul 06, 2019, 08:42 AM IST

News50: Watch top news headlines of the day

This segment of Zee News brings top news stories of the day. Watch this video to know more.

Jul 06, 2019, 08:40 AM IST

ZeeNews wrap of top stories this hour

ZeeNews wrap of top stories this hour, 6 July 2019

Jul 06, 2019, 06:42 AM IST

ZeeNews wrap of top stories this hour

ZeeNews wrap of top stories this hour , 06 July 2019

Jul 06, 2019, 06:36 AM IST

Union Budget 2019: No change in income tax slab, but super-rich to pay more

For those earning less than Rs 2 crore per annum, there was no change in tax rates and the slabs also remained unchanged.

Jul 05, 2019, 14:19 PM IST

Deshhit: UP's millionaire 'kachori' seller gets tax notice

The owner, Mukesh Kumar, who has been selling 'kachoris' and 'samosas' for the past several years, has been slapped with a notice by the commercial tax department.

Jun 25, 2019, 21:44 PM IST