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Tax law
Tax law News
Demonetisation
16 Dec 2016
Black money: Government gives one last chance to hoarders, asks them to come clean by March 2017
Not declaring the black money under the scheme now but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty, the government warned.
Hindalco
25 Jul 2014
SC nod to IT Dept to inspect documents seized by CBI from Hindalco
The Supreme Court on Friday allowed the Income Tax Department to inspect documents seized by the CBI during its coalgate probe from the premises of Hindalco for carrying out any bonafide investigation under tax law.
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