Search Results for 'income-tax department'

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Income-tax dept publishes names of 18 big defaulters
Tue, Mar 31 2015. 08 12 PM

Income-tax dept publishes names of 18 big defaulters

The 18 entities owe over Rs500 crore to the income-tax department
Deadline extended for filing of roll back provisions under advance pricing
Tue, Mar 31 2015. 05 20 PM

Deadline extended for filing of roll back provisions under advance pricing

Multinational companies who have filed applications for advance pricing agreements can now file their rollback applications by 30 June
Cairn Energy seeks compensation from India on tax demand
Tue, Mar 24 2015. 02 32 PM

Cairn Energy seeks compensation from India on tax demand

Cairn UK said it suffered due to an ‘unfair and arbitrary’ Rs10,247 crore tax demand raised using a retrospective tax law
CAG blames I-T dept for Rs1348 crore tax loss in pharma sector
Fri, Mar 20 2015. 09 56 PM

CAG blames I-T dept for Rs1348 crore tax loss in pharma sector

I-T dept allowed firms to claim benefits on R&D expenses without verification, while AOs allowed expenses on freebies and gifts to doctors, says CAG
I-T dept notifies rollback provision for transfer pricing cases
Tue, Mar 17 2015. 01 36 AM

I-T dept notifies rollback provision for transfer pricing cases

Jaitley had announced the scheme in his July 2014 budget speech but the rules were not notified as the department was waiting for the law ministry to vet them
Delhi HC rules marketing intangibles come under transfer pricing regulations
Mon, Mar 16 2015. 11 51 PM

Delhi HC rules marketing intangibles come under transfer pricing regulations

Court ruled in favour of the tax dept and held that market intangibles are international transactions and hence come under the transfer pricing ambit
Cairn India gets Rs20,495 crore tax notice
Sat, Mar 14 2015. 10 09 AM

Cairn India gets Rs20,495 crore tax notice

I-T department’s order comes the same week UK’s Cairn Energy filed a dispute notice against a $1.6 billion demand
Income Tax department initiates prosecution in 628 cases
Thu, Feb 12 2015. 10 33 PM

Income Tax department initiates prosecution in 628 cases

56 of these were for offences concerning undisclosed foreign income
Income tax department to step up prosecution against TDS defaulters
Tue, Feb 03 2015. 08 13 PM

Income tax department to step up prosecution against TDS defaulters

I-T department’s central processing centre-TDS instructed to inform and timely update taxman about defaulters
Court refuses to allow Dabur’s Pradip Burman to go abroad
Tue, Jan 20 2015. 07 19 PM

Court refuses to allow Dabur’s Pradip Burman to go abroad

I-T department opposes Burman’s plea to go to Hong Kong saying he should not be allowed to travel abroad as a ‘pleasure treat’ in routine course

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