IT department looking to tax Netflix’s India operations: Reports
India is taking steps to impose tax on income generated by Netflix Inc’s from streaming services in the country, reported […]
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Income Tax, News
Income Tax Evasion In India: What You Need To Know To Avoid Penalties
Under the Income Tax Act, penalties are levied for various defaults committed by a taxpayer. Apart from penalty on defaults
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India’s exports likely to touch $900 billion in FY24
India’s exports of goods and services could touch $900 billion in the current financial year, up from $770 billion in
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Faceless assessment, e-returns have made compliance easy
Faceless assessments and e-returns have aided in collecting high revenue and made compliance easy for assesses, said S B Prasad,
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Five, including Chartered Accountant, arrested for cyber frauds
Cybercrime sleuths have busted a gang of cyber frauds and arrested five men, including a chartered accountant, for duping people
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MahaRERA issues show-cause notice to chartered accountants
MahaRERA has issued show-cause notices to chartered accountants and has also written to the Institute of Chartered Accountants of India
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Steel firm evades ₹650cr tax: Income Tax Department
The Income Tax (I-T) department on Monday claimed to have recovered Rs 15 crore cash from searches at 60 locations
Central Excise - 2023, News
Centre slashes windfall tax on crude oil to Rs 4,100 per tonne
India Monday slashed windfall tax on domestically produced crude oil to ₹4,100 per tonne from ₹6,400 per tonne. The export
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Professionals under the scanner for unethical conduct
The Ministry of corporate affairs has taken a serious view of professionals who help companies incorporate by falsely certifying they
CESTAT, News
Penalty u/s 114 A of the Customs Act is invariably linked to the Quantum of Duty Evaded: CESTAT
The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the penalty under Section 114 A