Tax Arrear
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Tax Relief On Salary Arrears Under 7th Pay Commission: Follow These Steps
7th pay commission: To claim tax relief, government employees must file form 10E online on the Income Tax e-filing portal.
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Amarinder Singh Extends 100% Tax Waiver For Bus Operators Till Dec 31
In a relief to bus operators in Punjab, Chief Minister Amarinder Singh on Friday ordered 100 per cent waiver on Motor Vehicle Tax till December 31 for all stage carriage, mini and school buses, while deferring payment of arrears of taxes, without interest and penalty, to March 31, next year.
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Will Pay GST Arrears Despite Losses Due To "Act Of God": Centre To States
The centre in a letter to the states has promised it would clear their goods and services tax (GST) dues despite the massive shortfall in GST cess collection amid the coronavirus pandemic, a situation that has been described as "an act of God" by Finance Minister Nirmala Sitharaman. The government in the letter said it wants to stay clear of "avoid...
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Karnataka Businessman Jailed For Rs 7.35 Crore Tax Default
The Income-Tax department arrested and jailed a Karnataka businessman for defaulting on paying Rs 7.35 crore as income tax arrears and interest despite reminders, an official said today.
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Bengaluru Businessman Arrested While Trying To Leave India: Tax Officials
A city-based businessman, who has defaulted on income tax payments with arrears of Rs 11.94 crore plus interest, was on Tuesday detained to a civil prison at Parappana Agrahara Central Jail for six months for failing to make satisfactory arrangement for payment of arrears, officials said.
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Centre To Reward Income Tax Officers, Experts Fear Return Of "Terror Regime"
As per the Central Board of Direct Taxes (CBDT)'s figures, a provisional amount of Rs 11.23 lakh crore is stuck in arrears as on April 1, 2018.
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Tax Department Denies Writing Off Rs 3,000 Crore Corporate Dues
According to the RTI replies, the Pr-CCIT, Hyderabad had stated that it had written off a total of Rs 3,002.20 crores in two financial years, 2016-2017 and 2017-2018.
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With Rs 50,000 Crore As Arrears, Income Tax Department Writes Off Massive Corporate Dues
The tax-payers' liability does not get extinguished even if it is written off for the time being, says a CBDT (Central Board of Direct Tax) official
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'Pay Arrears Immediately': Income Tax Department Names Five Defaulters
The taxman has begun this exercise of naming and shaming tax defaulters for the last few years and had named at least 96 such entities which have huge tax liabilities on them and have either gone non-traceable or have shown no assets for recovery.
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MCD Polls: To Counter AAP Offer, What Congress, BJP Think Will Woo Voters
With the MCD polls less than four weeks away, political parties are ready with their lists of promises, subsidies and freebies. Delhi Chief Minister Arvind Kejriwal on Saturday said the Aam Aadmi Party (AAP) will abolish the residential house tax and waive arrears if voted to power in the Capital's civic bodies. He added that industrial and commerc...
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MCD Elections: In Another Big Poll Promise, Arvind Kejriwal Says Will Abolish Residential House Tax
Delhi Chief Minister Arvind Kejriwal has said the Aam Aadmi Party (AAP) will abolish the residential house tax and waive-off arrears if voted to power in the capital's civic bodies. His words resonated promises of cutting electricity and water bills ahead of Delhi assembly elections which AAP swept last year.
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CBDT Asks Taxman To Make All Out Efforts To Recover Arrears
Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has shot of a letter to all his regional chiefs asking them to make "concerted" efforts to get the job done.
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Income Tax Department Makes Public List Of Defaulters Owing 448 Crore
The Income Tax department today released a list of 29 entities owing 448.02 crore in taxes as part of its strategy to name and shame large defaulters.
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Income Tax Department Released List Of Defaulters Owing Rs 448 Crore
In advertisements issued in leading national dailies, the department brought out the list of defaulters of income tax and corporate tax even as it advised them to pay their "tax arrears immediately".
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97.3% Of Rs 8.24 Lakh Crore Tax Arrears Difficult To Recover, Says CAG
These observations were made by the Comptroller and Auditor General of India (CAG) in a report tabled in Parliament today.
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Tax Relief On Salary Arrears Under 7th Pay Commission: Follow These Steps
7th pay commission: To claim tax relief, government employees must file form 10E online on the Income Tax e-filing portal.
-
Amarinder Singh Extends 100% Tax Waiver For Bus Operators Till Dec 31
In a relief to bus operators in Punjab, Chief Minister Amarinder Singh on Friday ordered 100 per cent waiver on Motor Vehicle Tax till December 31 for all stage carriage, mini and school buses, while deferring payment of arrears of taxes, without interest and penalty, to March 31, next year.
-
Will Pay GST Arrears Despite Losses Due To "Act Of God": Centre To States
The centre in a letter to the states has promised it would clear their goods and services tax (GST) dues despite the massive shortfall in GST cess collection amid the coronavirus pandemic, a situation that has been described as "an act of God" by Finance Minister Nirmala Sitharaman. The government in the letter said it wants to stay clear of "avoid...
-
Karnataka Businessman Jailed For Rs 7.35 Crore Tax Default
The Income-Tax department arrested and jailed a Karnataka businessman for defaulting on paying Rs 7.35 crore as income tax arrears and interest despite reminders, an official said today.
-
Bengaluru Businessman Arrested While Trying To Leave India: Tax Officials
A city-based businessman, who has defaulted on income tax payments with arrears of Rs 11.94 crore plus interest, was on Tuesday detained to a civil prison at Parappana Agrahara Central Jail for six months for failing to make satisfactory arrangement for payment of arrears, officials said.
-
Centre To Reward Income Tax Officers, Experts Fear Return Of "Terror Regime"
As per the Central Board of Direct Taxes (CBDT)'s figures, a provisional amount of Rs 11.23 lakh crore is stuck in arrears as on April 1, 2018.
-
Tax Department Denies Writing Off Rs 3,000 Crore Corporate Dues
According to the RTI replies, the Pr-CCIT, Hyderabad had stated that it had written off a total of Rs 3,002.20 crores in two financial years, 2016-2017 and 2017-2018.
-
With Rs 50,000 Crore As Arrears, Income Tax Department Writes Off Massive Corporate Dues
The tax-payers' liability does not get extinguished even if it is written off for the time being, says a CBDT (Central Board of Direct Tax) official
-
'Pay Arrears Immediately': Income Tax Department Names Five Defaulters
The taxman has begun this exercise of naming and shaming tax defaulters for the last few years and had named at least 96 such entities which have huge tax liabilities on them and have either gone non-traceable or have shown no assets for recovery.
-
MCD Polls: To Counter AAP Offer, What Congress, BJP Think Will Woo Voters
With the MCD polls less than four weeks away, political parties are ready with their lists of promises, subsidies and freebies. Delhi Chief Minister Arvind Kejriwal on Saturday said the Aam Aadmi Party (AAP) will abolish the residential house tax and waive arrears if voted to power in the Capital's civic bodies. He added that industrial and commerc...
-
MCD Elections: In Another Big Poll Promise, Arvind Kejriwal Says Will Abolish Residential House Tax
Delhi Chief Minister Arvind Kejriwal has said the Aam Aadmi Party (AAP) will abolish the residential house tax and waive-off arrears if voted to power in the capital's civic bodies. His words resonated promises of cutting electricity and water bills ahead of Delhi assembly elections which AAP swept last year.
-
CBDT Asks Taxman To Make All Out Efforts To Recover Arrears
Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra has shot of a letter to all his regional chiefs asking them to make "concerted" efforts to get the job done.
-
Income Tax Department Makes Public List Of Defaulters Owing 448 Crore
The Income Tax department today released a list of 29 entities owing 448.02 crore in taxes as part of its strategy to name and shame large defaulters.
-
Income Tax Department Released List Of Defaulters Owing Rs 448 Crore
In advertisements issued in leading national dailies, the department brought out the list of defaulters of income tax and corporate tax even as it advised them to pay their "tax arrears immediately".
-
97.3% Of Rs 8.24 Lakh Crore Tax Arrears Difficult To Recover, Says CAG
These observations were made by the Comptroller and Auditor General of India (CAG) in a report tabled in Parliament today.
