Siemens Receives Rs 29 Crore Tax Demand Order From IT DepartmentÂ
Siemens Ltd said that they have received a tax demand notice worth Rs 29.4 crore from the Deputy Commissioner of Income Tax. In its regulatory...
Tag : IT department
Mankind Pharma Shares Fall 5.5% as IT Department Searches Delhi Office
Shares of Mankind Pharma fell 5.5% in morning trade on May 11 as the IT department of the income tax department searched the company’s Delhi...
PAN Not Linked to Aadhaar will be Unserviceable by March 2023
On Saturday, the Income Tax Department said those Permanent Account Numbers (PANs) not linked to Aadhaar by the end of March next year would be...
Cyberattack Gets Rs 57 Cr Ransom Demand in Bitcoin to Restore Access
A ransomware cyberattack occurred at PSU major Oil India Limited (OIL) in Assam. The OIL received a ransom demand of $75,00,000 (over Rs 57 crore)...
IT Dept Issues More Than Rs 88,000 Crore Refund This Financial Year
Today, the income tax department said that refunds worth more than Rs 80,000 crore have so far been issued to 24.64 lakh taxpayers during the...
Cairn Energy receives Rs 10,000 crore notice from IT Department
The Income Tax Department has slapped a demand notice of Rs 10,247 crore on British explorer Cairn Energy Plc. Tax tribunal ITAT in its March...
Cairn faces penalty of Rs 10,247 crore on top of Rs 29k crore tax demand
Cairn Energy Plc, the British oil explorer faces up to Rs 10,247 crore fine over and above the Rs 29,000 crore in tax and interest...
I-T department has launched PAN- based litigation management system
The Income Tax department for reducing lengthy proceedings and time take in litigation, has activated a PAN-based online system. The new facility is a part...
CBDT has notified ITR forms for companies, firms
The tax return forms for non-salaried class, including companies, partners in firms and individuals deriving their income from proprietary business or profession has been notified...
On MAT dues the IT department will not take any coercive actions against FIIs
The Finance Ministry, a day after government’s announcement of setting up a high level panel under the Law Commission Chairman A P Shah, has decided...