Panel to redraft I-T Act to focus on removing ambiguities, unlikely to suggest rate changes
The task force was set up by the finance ministry in November last. Arbind Modi was made the convenor of the panel and he retired on September 30.
Dec 05, 2018, 13:29 PM IST
I-T department writes to Walmart, Flipkart on tax liability over USD 16 billion deal
Walmart runs 21 Best Price wholesale stores in India that sell everything from fast-moving consumer goods to furniture to other retailers and institutions.
May 10, 2018, 20:15 PM IST
Beware! Misuse of bank a/c for black money can invite prosecution
Government on Friday cautioned Jan Dhan account holders, housewives and artisans that they will be prosecuted under the I-T Act for allowing misuse of their bank accounts through deposit of black money in Rs 500/1,000 notes during the 50-day window till December 30.
Nov 18, 2016, 17:28 PM IST
Taken every possible step to deal with black money: Govt
As part of ongoing efforts to deal with black money, the government on Tuesday said it has taken every possible measure to effectively deal with the issue.
Feb 24, 2015, 20:05 PM IST
CBDT issues directions for avoidance of baseless assessment
CBDT has issued a set of instructions for avoidance of baseless assessment and disposal of grievances within a stipulated time period.
Nov 10, 2014, 15:58 PM IST
