Stamp duty tax and consequences of non-compliance

Former NFL player Greg Boyd has been sentenced to almost three years in prison for income tax fraud.

STATESMAN NEWS SERVICE Durgapur, 7 March The Investigation Wing officials of the Income Tax department cracked down on three industrial and business groups operating in the Asansol-Durgapur industrial hub and its adjoining Bankura areas and ...

Last year, Apple sent an estimated $2 billion of income from its Australian sales to Ireland via Singapore. How savvy multinationals cut their tax bills US tech giant Apple has shifted an estimated $8.9 billion in untaxed profits from its ...

The Election Commission (EC) today sought help of the Income Tax (IT) department in Bihar to keep a watch over poll expenditure of candidates in the Lok Sabha elections. Teams of IT officials would be posted in each of the 40 Lok Sabha constituencies to ...

While insurance plans do offer tax benefits up to Rs 1 lakh under section 80c of the income tax act, new change in rules and regulations especially with the implementation of Direct Taxes Code (DTC) means one needs to be careful.

Many profitable US companies paid little or no federal income tax between 2008 and 2012, according to a five-year study by a Left-leaning tax activist group

The Income Tax department has rebutted Vodafone's notice under BIPA saying that the pact between India and Netherlands does not cover taxation issues. "Tax department has sent its response to Vodafone saying BIPA does not cover tax issues," an official source ...

Mumbai based pharmaceutical giant Cipla came under the scanner of the income tax authorities on Thursday for alleged tax evasion. ET NOW was the first to report the development. "The investigative wing of the Mumbai income tax department has ...

The sessions court on Friday sentenced the seven accused who had posed as income tax officers and robbed two employees of a Borivli diamond firm of precious stones worth Rs 1.3 crore in 2010, to seven years in jail.