Tuesday, Mar 05, 2024 | Last Update : 09:03 PM IST

tax department

Tax officials conduct surprise search at SoftBank-backed Oyo

In November, internal projections showed Oyo’s India business will likely make losses until 2021.

11 Jan 2020 11:03 AM

Need to build trust between tax payers and tax administrators: Sitharaman

This is the 2nd meeting in a series of meetings to be held with tax officials and taxpayers across various cities over the next few weeks.

21 Aug 2019 9:10 AM

ONGC Videsh Ltd slapped with Rs 7,666 crore service tax demand

The service tax department had first issued a demand cum show-cause notice on October 11, 2011.

23 Sep 2018 12:52 PM

Have complied with tax obligations in Flipkart deal: Walmart

The company did not disclose the tax amount deposited with the I-T authorities.

07 Sep 2018 7:34 PM

Finance Ministry simplifies GST refund claim process for businesses

GST refunds can be claimed by simply submitting a printout of 'GSTR-2A' form.

05 Sep 2018 4:21 PM


Govt rectifies anomaly, allows law enforcement agencies to hold banned notes

Banned currency notes beyond a certain limit could be held only by the Reserve Bank.

28 Aug 2018 6:48 PM

Amount locked up in tax litigation to reduce by Rs 5,600 cr, says Goyal

In order to reduce litigation, the govt hiked the threshold limit for filing appeals in tribunals to Rs 20 lakh.

12 Jul 2018 3:26 PM

Traders urge finance ministry to review GST-related issues

It has called for one registration number for traders to be allowed across India.

28 Jun 2018 6:21 PM

Tax dept will act once Walmart gets regulatory nod in Flipkart deal

The department is currently studying the details received from the company.

03 Jun 2018 2:31 PM

Google India should pay tax on advertisement revenue sent to parent

The Bangalore bench of ITAT, in a 331-page order, upheld the tax department's contention that such payments are royalty.

15 May 2018 7:34 PM


Tax department to seek share purchase pact from Flipkart

The department currently is going through the Section 9(1) of the Income Tax law, which deals with indirect transfer provisions.

13 May 2018 2:01 PM

30 years after death, Mahadevi Varma gets tax notice

The civic body in the notice has asked Verma to appear in person, and deposit pending house tax of Rs 44,816.

08 Feb 2018 12:11 PM

File income tax returns by July 31, no plans to extend deadline: I-T department

Department has already received over 2 crore returns filed electronically.

30 Jul 2017 6:54 PM

How different I-T returns filing would be this year

Authorities have introduced ITR-1 or Sahaj form for individual tax payers who earn not more than Rs 50 lakh.

18 Jul 2017 12:57 PM

80 per cent items in GST within 18 per cent rate

Unbranded food staples including vegetables, milk, eggs and flour will be exempt from GST along with health and education services.

30 Jun 2017 5:59 PM


Sebi mulls ways to check misuse of stock market

Sebi's existing surveillance systems are already generating over 100 alerts a day to facilitate detection of market manipulation.

11 Jun 2017 3:17 PM

Can't link your Aadhaar with PAN, here's an easier way

Soon taxpayers can choose to link Aadhaar without changing name by opting for a One-Time Password.

10 Apr 2017 4:07 PM

Tax officers to file prosecution cases against Shell

CBDT Chairman Sushil Chandra has called for fast track prosecution proceedings in cases.

12 Mar 2017 6:27 PM

CBDT alleys taxpayers' fears on asset freez rule

CBDT chairman Sushil Chandra says new measures were brought in only to prevent evaders from selling property.

04 Feb 2017 5:55 PM

Tax dept, Japanese company sign advance pricing pact

The APA scheme was introduced in the Income-tax Act in 2012 and the 'Rollback' provisions were introduced in 2014.

13 Jan 2017 8:52 PM