Showing results for "#Income Tax Act"
BCCI paid Rs 2,038 crore GST in FY23, FY24
BCCI is claiming exemption under section 11 of the Income Tax Act, 1961. However, during assessment proceedings, the exemption is being disallowed by...
Electoral Bond case: Centre tells SC confidentiality not selective...
The AG submitted before the court that the Electoral Bonds Scheme treats all contributors equally. And the legislation should not be viewed in...
SC recognises Licence and entry fees by Telcos as capital expenditure
A bench comprising Justices B.C. Nagarathna and Ujjal Bhuyan was hearing a plea by the Department of Telecommunications over the computation of tax...
'I-T visited Red Hills, Urayur sub registration offices for info...
The star 2.0 software of the registration department has been designed to collect such details for uploading from the people before the actual...
Govt open to ‘some tinkering’ in capital gains tax regime: Revenue...
The Act, however, excludes movable personal assets such as cars, apparels, furniture from this tax.
Govt extends deadline for filing tax audit report till Oct 7
Central Board of Direct Taxes (CBDT) has decided to extend the due date for filing of various reports of audit for the Assessment Year 2022-23
Budget wishlist: 'Pension should be made tax free'
The proceeds of the pension/annuity should be made tax-free in the hands of the customer or to allow deduction for the principal component, he added.
Life insurance scrips suffer from 'poison' in Amrit Kaal budget
The proposals in the Amrit Kaal budget presented to the Parliament by Finance Minister Nirmala Sitharaman has turned out to be an 'halahala' (poison)...