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News
Tax liability
Tax liability News
advance tax payment
14 Jun 2024
Advance Tax Deadline June 15: Consequences Of Missing Payment
If you miss an advance tax payment, penal interest is charged under sections 234B and 234C.
Tax liability
13 Mar 2019
Compare tax liability declared in final, summary GST returns forms: GSTN
While GSTR-1 for a month is filed by the 11th day of the succeeding month, GSTR-3B is filed and taxes paid by the 20th day of the succeeding month.
Income Tax Dept
13 May 2018
I-T dept to seek share purchase pact from Flipkart to ascertain tax liability
In the Walmart-Flipkart deal, the revenue department will go through the share purchase agreement to ascertain the purpose of investment and the emanating gains.
I-T department
24 Jun 2018
I-T department writes to Walmart, Flipkart on tax liability
Walmart runs 21 Best Price wholesale stores in India that sell everything from fast-moving consumer goods to furniture to other retailers and institutions.
MF Income
16 Dec 2017
This is how you can earn Rs 50,000 monthly via investing in mutual funds
You can earn a regular monthly income just by investing a substantial portion into mutual funds.
Ahmedabad businessman
02 Dec 2016
OMG! This Ahmedabad businessman owes Rs 4,500 crore in taxes, but now missing - Read
He had revealed to the authorities that he had not disclosed an income of Rs13,860 crore. That puts him for a direct tax liability of Rs4,500 crore.
Tax
19 Aug 2015
No juniors, only senior I-T officials to depose before AAR: CBDT
In order to present the revenue side more effectively in high-value and important cases before the AAR judicial forum, CBDT has decided to stop the practice of sending junior-level Income Tax officials to these hearings and has ordered their seniors to take up the task.
FII
26 Apr 2015
'FII tax liability to be much lower post DTAA benefits'
"The number of FIIs and the amount involved would come down substantially as many of them would be eligible for treaty benefits," a Finance Ministry source told PTI.
Union Budget 2014
10 Jul 2014
Union Budget 2014: APAs to cover previous 4 yrs deals, to reduce TP disputes
With regard to arm's length price for computing tax liability under the transfer pricing rules, he said a new "range concept" would be introduced in line with the international practices.
Union Budget 2014-15
10 Jul 2014
Domestic cos can obtain advance ruling on tax liability
With Rs 4 lakh crore locked in litigations, Finance Minister Arun Jaitley Thursday proposed to allow domestic companies to obtain advance ruling with regard to their direct and indirect tax liabilities.
Vodafone India
08 Jun 2014
Vodafone facing tax liability of over Rs 27,000 cr in India
Vodafone said that its Indian subsidiary had received a letter in January last year from the authorities reminding it of the tax demand of Rs 14,200 crore in relation to the dispute over acquisition of Hutchinson in 2007.
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