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I-T wing uncovers wilful default by TN co-op bank
Chennai The Income Tax department has unearthed a "willful default" by a Tamil Nadu-based cooperative bank causing losses to the exchequer of...
I-T dept surveys BBC India offices
The action comes weeks after the broadcaster aired a two-part documentary, ‘India: The Modi Question’; Editors Guild of India expresses concern over...
New tax norms for foreign investment in unlisted cos
I-T Dept to come out with modified valuation norms for ascertaining fair market value (FMV) of shares of unlisted companies
Sebi makes 'untraced defaulters' public now
Some of the defaulters are missing for past 2 yrs, and some others untraceable for the past 2 weeks, from one or multiple addresses available with the...
Now, taxmen to decide on refund adjustment in 21 days
The time limit of 30 days made available to the assessing officers stands reduced to 21 days, the Directorate of Income Tax (Systems) said
Rs. 8-cr unaccounted cash seized in raids on TRS Minister
Over 50 teams carrying out searches for the second day at multiple locations in Hyderabad, Medchal-Malkajgiri
2nd TRS minister under IT radar
Residence, offices and group of educational institutions of Labour Minister Malla Reddy searched for tax evasion
41% tax payers yet to file ITR
10% facing tech glitches; However, govt indicates deadline wouldn’t be changed