Service Tax Department

A rogue tax officer, a trio of lawyers and a few other people masterminded a fraud, swindling Rs 54 crore from the Goods and Service Tax (GST) Department in the national capital.

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order.

Infosys expects a refund of Rs 6,329 crore from the Income Tax Department, the country's second largest IT services company said. It also informed the stock exchanges about tax demand to the tune of Rs 2,763 crore, citing various assessment orders.

An inspector with the state sales tax department allegedly threatened and attempted to extort Rs 15 lakh from a judge of the Goods and Services Tax (GST) tribunal in Maharashtra's Nagpur, police said on Sunday.

Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...

Netflix's income from streaming services in India could soon be taxed by the government, according to an ET report. The streaming firm could be the first overseas digital company providing consumers with electronic commerce services to be taxed in India.

A superintendent with the Central Goods and Services Tax (GST) department and two others were arrested in Surat in Gujarat for allegedly extorting Rs 12 lakh from a shopkeeper, a police official said on Friday.

A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund of more than Rs 27 crore through a fake input tax credit involving at least two "non-genuine" firms, an official said.

Huawei offices and other premises in India have been raided by the Income Tax department as part of a tax evasion case.

A father-son duo has been arrested by the Central Goods and Services Tax department in connection with what is being called as a Rs 22-crore fake input tax credit (ITC) racket.

The Delhi government's Goods and Services Tax (GST) department on Saturday unearthed a Rs 347-crore "fake billing scam" involving 11 firms and one person was arrested in connection with it, according to an official statement.

PAN Card can be easily linked to the Aadhaar number online as the Income Tax department allows users to link the two unique identification numbers through its website.

The Income Tax Department has detected undisclosed income of about Rs 300 crore after it raided some Kolkata-based entities engaged pharmaceuticals, and diagnostic and hospital services, the Central Board of Direct Taxes said on Wednesday.

India’s decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.

Toyota Kirloskar Motor (TKM) has announced the availability of the Yaris compact sedan on the Government e-Marketplace (GeM). The online portal is a dedicated digital market for online procurement of goods and services by government organisations, departments and Public Sector Units (PSUs). The Toyota Yaris will be offered on the portal in the J Gr...

A rogue tax officer, a trio of lawyers and a few other people masterminded a fraud, swindling Rs 54 crore from the Goods and Service Tax (GST) Department in the national capital.

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order.

Infosys expects a refund of Rs 6,329 crore from the Income Tax Department, the country's second largest IT services company said. It also informed the stock exchanges about tax demand to the tune of Rs 2,763 crore, citing various assessment orders.

An inspector with the state sales tax department allegedly threatened and attempted to extort Rs 15 lakh from a judge of the Goods and Services Tax (GST) tribunal in Maharashtra's Nagpur, police said on Sunday.

Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...

Netflix's income from streaming services in India could soon be taxed by the government, according to an ET report. The streaming firm could be the first overseas digital company providing consumers with electronic commerce services to be taxed in India.

A superintendent with the Central Goods and Services Tax (GST) department and two others were arrested in Surat in Gujarat for allegedly extorting Rs 12 lakh from a shopkeeper, a police official said on Friday.

A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund of more than Rs 27 crore through a fake input tax credit involving at least two "non-genuine" firms, an official said.

Huawei offices and other premises in India have been raided by the Income Tax department as part of a tax evasion case.

A father-son duo has been arrested by the Central Goods and Services Tax department in connection with what is being called as a Rs 22-crore fake input tax credit (ITC) racket.

The Delhi government's Goods and Services Tax (GST) department on Saturday unearthed a Rs 347-crore "fake billing scam" involving 11 firms and one person was arrested in connection with it, according to an official statement.

PAN Card can be easily linked to the Aadhaar number online as the Income Tax department allows users to link the two unique identification numbers through its website.

The Income Tax Department has detected undisclosed income of about Rs 300 crore after it raided some Kolkata-based entities engaged pharmaceuticals, and diagnostic and hospital services, the Central Board of Direct Taxes said on Wednesday.

India’s decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.

Toyota Kirloskar Motor (TKM) has announced the availability of the Yaris compact sedan on the Government e-Marketplace (GeM). The online portal is a dedicated digital market for online procurement of goods and services by government organisations, departments and Public Sector Units (PSUs). The Toyota Yaris will be offered on the portal in the J Gr...