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Suggestions for ways to reward Income Tax payers

Ganesan Subramanian - 2
Tax Reward Points scheme for tax payers Honest income tax payers expect some benefits from the government, as they are a small percentage of the...
One thing GOI loves to do - tax its citizens… Have they put enough thought into this or is it the case of killing the goose that lays golden eggs?

Income Tax Department says buyer to deduct TDS on peer-to-peer Cryptocoin kind VDA transactions

Team PGurus - 0
CBDT issues clarification on TDS provision applicable on transfer of VDAs Further tightening the Cryptocoin trading in India, the Income Tax Department on Tuesday said...
In a written reply in the Rajya Sabha, MoS Finance said SEBI, after investigation into the matter involving NSE and other entities, has passed requisite orders

CBI, ED & Income Tax Department investigating irregularities in NSE co-location case: MoS Finance

PGurus Newsdesk - 1
Flaws in NSE co-location case being probed by various agencies: Govt With regards to the NSE co-location case, the Minister of State for Finance, Pankaj...
Over 35 companies in tax havens; Money routed in dubious ways into India; properties in Cape Town, SA & the ICICI money siphoning. The list is long, yet The Roys roam free, preaching morals. Now their shares are rising... what gives?

Income Tax Dept. Issues A Big Notice to NDTV – Now They Must Pay...

Sahil Mishra - 0
Over 35 companies in tax havens; Money routed in dubious ways into India; properties in Cape Town, SA & the ICICI money siphoning. The...
NDTV claims that the Income Tax has miscalculated the flow of investments through bonds by “reputed foreign investors” into its foreign subsidiary NDTV Networks Plc

Income Tax issues Rs.353 crore notice to NDTV. With this total tax dues crosses...

Team PGurus - 2
Will Prannoy Roy sell his stakes in the channel now? Income Tax Department has issued Rs.353 crore tax dues notice to Prannoy Roy headed TV...
IT Dept has also found evidence of cash transactions of more than Rs.100 cr in the purchase of a farmhouse on the outskirts of Delhi

Income Tax raid reveals Hero MotoCorp made over Rs.1,000 cr bogus expenses

PGurus Newsdesk - 1
Hero MotoCorp shares tank 7% after IT raid reveals Rs.1,000 crore bogus expenses The Income Tax Department raids have revealed that Hero MotoCorp made more...
Crypto tax on gains but no deductions on losses incurred, says Government of India

Crypto mining cost or loss in Crypto not to be allowed as deduction under...

Team PGurus - 0
Govt of India clarifies a straight tax of 30% for profit The Government of India on Monday informed Parliament that no kind of deduction or...
Aaditya Thackeray slammed the IT dept's action terming it as misuse of central probe agencies but vowed Shiv Sena would not be cowed by such tactics

Income Tax Department raids Rahul Kanal, a close aide of Aaditya Thackeray

PGurus Newsdesk - 0
Income Tax Dept swoops on the homes, offices of Rahul Kanal close friend of Aaditya Thackeray A team from the Income Tax Department raided close...
I-T official said that particulars of about three dozen immovable properties, worth Rs.130 crore have also been detected

Income Tax Department unearth international hawala racket in Mumbai

PGurus Newsdesk - 1
I-T detects illegal properties worth Rs.130 Cr in Mumbai raid The Income Tax (I-T) Department announced that in a recent raid they have unearthed an...
GOI needs to move quickly and evaluate the criminality of NSE and its zealous destruction of data

NSE co-location case: Multi-agency probe by CBI, ED and Income Tax to look into...

Team PGurus - 2
Will NSE finally face up to reality and admit to its errors and ways? The government is planning to probe a high-level coordinated multi-agency probe...
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