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Assessment Officer Of The Department

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SC reserves verdict on termination of 2 women judicial officers

A bench of Justices B V Nagarathna and N Kotiswar Singh heard submissions from senior lawyers Indira Jaising and R Basant, appearing for the terminated women officers, besides amicus curiae and......

Avoid social media, refrain from making comments on judgements: SC

Observing that judges have to live a hermit life and work like a horse, the Supreme Court on Thursday said they should refrain from using social media and should not express any opinion about......

SC slams HC for sacking woman judge over miscarriage

The Supreme Court of India has criticised the Madhya Pradesh high court's decision to sack a woman judge due to performance concerns, without considering the impact of a miscarriage on her ability......

Juvenile board members under scanner over bail to Porsche teen

The Maharashtra government has set up a committee to probe the conduct of the Juvenile Justice Board (JJB) members and check if norms were followed while issuing orders in the Pune car crash case,......

SC questions HC order in Congress's tax case

The Supreme Court on Monday questioned the Delhi high court's decision asking the Congress party to approach the Income Tax Appellate Tribunal for a stay on Income Tax demand notice for recovery of......

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need to be reopened, a process that might result in a raft of tax......

Taxmen allowed to waive or reduce interest due from assessee with riders

The income tax department has allowed tax officials to either waive or reduce interest payable by a taxpayer, subject to specified conditions. Illustration: Dominic Xavier/Rediff.com Under the......

Shares given as gift may escape capital gains tax

If shares are transferred as a gift, there may not be capital gains tax on them, provided a recent Bombay high court ruling sets a precedent. Illustration: Dominic Xavier/Rediff.com In a case......

High-level delegation of US pension funds to visit India next week

A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment......

Make Tax Officials Accountable!

'Tax officials view most taxpayers as evaders.''The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection......

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