Demand Notice News

Politics

Individual taxpayers spared of tax demands for filing discrepancies

Implicitly, the move signals the belief of the tax authorities that the majority of those who file returns are honest taxpayers, while easing compliance

2 min read6 Feb 2018
Companies

Sun Pharma research arm SPARC gets income tax demand notice for Rs32.87 crore

Sun Pharma Advanced Research Company says it is contesting the demand, which is for the assessment year 2013-14

1 min read24 Feb 2017
Companies

Income tax department sends demand notice to Atlas Jewellery

The Dubai-based Atlas Jewellery's India arm said the assessment was for the years 2014-15 and 2015-16

1 min read3 Jan 2017
Industry

DoT issues Rs110 crore demand notice to six telcos

DoT has slapped over Rs100 crore demand notice on six telecom operators to recover the first tranche of their dues to the govt because of under-reporting of revenues

2 min read19 Jul 2016
Industry

DoT seeks additional revenue from telcos to improve collections

Notices sent to at least six telcos to shore up more than Rs18,000 cr for the exchequer; firms may contest notice

1 min read10 Jan 2013

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles
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