In a swift and coordinated action on Friday, 2nd August 2019, the Investigation Wing of Income Tax Department, NER carried out searches on certain businessmen in Meghalaya found to be involved in running a web of petrol pumps managed and controlled a
There is a substantial pendency of appeals of the Income Tax Department before various appellate fora. The CBDT is aware of the importance of litigation management and has been continuously working towards achieving the same.To effectively reduce tax
ICSI Representation for inclusion of CS in the definition of Accountant under the Income Tax Act, 1961To read in details, find the enclosed file
Search on a prominent Real Estate Group in MumbaiThe Income Tax Department conducted Search and Seizure operation on 29.07.2019 on a prominent group involved in Real Estate Development, covering more than 40 premises across Mumbai and Pune. During t
Income tax department is launching 'e-Filing Lite', a lighter version of e-Filing portal with a focus on filing of Income Tax Return (ITR) by the taxpayers. The same can be accessed by clicking 'e-Filing Lite' button in home page. The
Monthly Review of Accounts of Union Government of India upto the month of June 2019 for the Financial Year 2019-20.The Monthly Account of the Union Government of India upto the month of June 2019 has been consolidated and reports published.The highli
A Task Force was constituted by the Government in November, 2017 to review the existing Income-tax Act, 1961 and to draft a new direct tax law in consonance with economic need s of the country. It was required to submit its report by 31st of July, 20
Income Tax Department conducted searches on 23rd July, 2019 in a group covering 13 premises across 3 States (Delhi, Haryana & Himachal Pradesh).The group, controlled by persons who have significant political presence in a neighbouring State for d
Finance Minister exhorted Income Tax officers to be prompt in redressing the grievances of the tax payersFinance Minister asks Tax officers to deal firmly with Tax evaders Income Tax Department celebrates Aaykar Diwas 2019The Union Minister of Financ
CGST Commissionerate, Gurugram arrest Three persons for committing offences under CGST Act CGST Commissionerate, Gurugram, Haryana has arrested three persons namely, Sh. Sh. Anil Kumar, S/o Sh. Balwan Singh, R/o VPO Jevra, Tehsil Barwala, Dist.- Hisa
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India