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About 135 results for "advance tax"

SBI, ONGC and 8 other PSUs may be asked to cough up more tax
Rediff.com

SBI, ONGC and 8 other PSUs may be asked to cough up more tax

If advance tax revenue fails to meet the expected growth, these PSUs could be asked to pay taxes on past demands raised against them. The income tax (I-T) department has asked top 10 public sector undertakings (PSUs), including State Bank of India and Oil and Natural Gas Corporation, to cough up more tax on demands of earlier years, some of which may be disputed.   According to sources, this is a pre-emptive measure to ensure its target for collection is met. The final date is Thursday ... Rediff.com, 1 month ago

18 images for advance tax

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Rediff.com

Task force lens falls on India Inc's subsidiaries in tax havens

The task force has provided probe agencies with a list of attributes, including disproportionate investments, debt, advances or cash, to red-flag such firms. The government’s task force on shell companies has recommended that enforcement agencies and regulators identify and conduct an inquiry against Indian companies having subsidiaries in tax havens such as Delaware (US), Luxembourg, Panama, Mauritius and Ireland. The task force, set up in July 2017, has listed 14 parameters for ...
 Rediff.com1 month ago

Advance tax refund for FY17 expected from Q1FY19: Mahindra Logistics

The advance tax refund is expected to start coming in from the first quarter of next financial year that is April to June 2018, said Pirojshaw Sarkari, CEO, Mahindra Logistics.
 Money Control1 month ago

Advance income tax payment: Last date

Income tax cannot be paid without a permanent account number (PAN), a ten-digit alphanumeric number, issued in the form of a laminated card, by the income tax department. Hence, the department also reminded taxpayers about quoting their PAN while filing their ...
 MSN India1 month ago
Business Standard

What advance tax PNB will pay on March 15? Concern for I-T dept

I-T officials have questioned PNB Manging Director and Chief Executive Sunil Mehta and other officials to determine how the LoUs were recorded in the bank's books Dilasha Seth | New Delhi Last Updated at March 14, 2018 01:29 IST People stand in front of the ...
 Business Standard1 month ago
Money Control

India offers gold discounts as price fall propels buying elsewhere

"Many consumers are busy in paying advance tax. Since this is last month of the fiscal year, they have to pay taxes by March end," said Ashok Jain, proprietor of Mumbai-based wholesaler Chenaji Narsinghji.
 Money Control1 month ago
DNA

SPARC gets I-T dept demand notice for Rs 27.30 cr

Sun Pharma Advanced Research Company (SPARC) today said it has received a demand notice notice from the income tax department for payment of Rs 27.30 crore for the assessment year 2014-15.
 DNA1 month ago

ITC advances as cigarettes attract no tax in budget

rose 0.78% to Rs 277.50 at 12:31 IST on BSE, with the stock extending previous session's gains as there was no announcement on the taxation front on cigarettes in the Union Budget unveiled yesterday, 1 February 2018. The stock had risen 1.51% to Rs 275.35 ...
 Business Standard2 months ago
Business Standard

I-T turns heat on Bitcoin investors who have still not paid their taxes

CBDT Chairman said that while many such investors did not pay advance tax on the benefits which they have accrued, some others have not explained these investments in their tax returns Press Trust of India | New Delhi Last Updated at February 2, 2018 16:28 ...
 Business Standard2 months ago
DNA

Trai, telcos discuss rules for OTT firms, tax rationalisation

The operators also called for a spectrum policy to make the industry aware in advance about the auction of frequency bands
 DNA2 months ago
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