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SC allows states to recover royalty on minerals from 2005

In a major victory for mineral-rich states, the Supreme Court on Wednesday allowed them to seek dues from April 1, 2005 on royalty and tax on mineral rights and mineral-bearing land from the Centre......

HC upholds order directing Cong to pay Rs 100 cr tax

The Delhi high court on Wednesday refused to interfere with the order of the Income Tax Appellate Tribunal declining to stay a notice issued by the Income Tax department to the Congress party for......

Taxtortion Is Here To Stay!

If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong.These moves appear to have full......

HC rejects Gandhis' plea against tax assessment transfer in case linked to arms dealer

The Delhi high court on Friday dismissed petitions by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra against the income tax department's decision to transfer their......

I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

The Income-Tax Department on Sunday cautioned taxpayers that failure to disclose assets held abroad or income earned in foreign shores in the ITR can attract a penalty of Rs 10 lakh under the......

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......

What Nirmalaji told India's taxmen

Finance Minister Nirmala Sitharaman on Wednesday asked tax officers to use simple language in income tax communications so that notices do not instil fear in the minds of taxpayers. Photograph:......

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears

As on April 1, income tax arrears have increased to Rs 43 trillion from Rs 24 trillion on April 1, 2023. Illustration: Uttam Ghosh/Rediff.com The Central Board of Direct Taxes (CBDT),......

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......

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Assessee

News for Assessee

SC allows states to recover royalty on minerals from 2005

HC upholds order directing Cong to pay Rs 100 cr tax

Taxtortion Is Here To Stay!

HC rejects Gandhis' plea against tax assessment transfer in case linked to arms dealer

I-T Goes After Rs 7.7 Trillion Tax Arrears

Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

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

What Nirmalaji told India's taxmen

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears

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

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