Tax dept will continue sending letters to non-filers: FinMin

Last Updated: Monday, March 25, 2013, 15:32

"We have been sending letters. We are getting results. The number of returns filed are showing an increase. We intend to continue with the efforts," Revenue Secretary Sumit Bose said at an Assocham event here.

Pay income tax dues well in advance: RBI

Last Updated: Monday, March 18, 2013, 20:54

In an appeal through a circular, RBI has asked income tax assessees to remit their income dues sufficiently in advance of the due date.

35,000 tax notices on way; FM asks defaulters to clear dues

Last Updated: Thursday, March 14, 2013, 16:43

The action of the tax authorities come on top of notices sent to 70,000 assessees recently for recovery of tax dues to shore up revenues which it is feared may fall short of the budget estimates in the current financial year.

Air India piles up Rs 454-cr service tax dues

Last Updated: Sunday, May 20, 2012, 11:42

Five months after its accounts were frozen for non-payment of taxes and duties, crisis-ridden Air India has piled up about Rs 454 crore of dues but has promised to clear it as soon as it gets capital infusion from the government.

Rs 2.73 lakh cr of I-T dues locked up in disputes: Govt

Last Updated: Tuesday, March 27, 2012, 16:17

As much as Rs 2.73 lakh crore of outstanding income tax dues are locked up in tax disputes at various levels, Parliament was informed on Tuesday.

Jet Airways shares soar over 8%

Last Updated: Tuesday, March 13, 2012, 19:57

Shares of Jet Airways Tuesday surged by over 8 percent on the bourses, as the company said it has mutually agreed with tax authorities on a payment schedule for the pending service tax dues.

12 persons account for 90% of total income tax dues

Last Updated: Tuesday, March 13, 2012, 19:42

The Finance Ministry Tuesday said income tax dues from 12 individuals, including stud-farm owner Hasan Ali Khan, account for 90 percent of the total income tax outstanding.

Jet Airways asked to pay dues of Rs 69 crore

Last Updated: Saturday, March 10, 2012, 19:29

After freezing the bank accounts of beleaguered Kingfisher Airlines, the service tax department has now served a notice on Jet Airways to pay up about Rs 69 crore as dues soon or face similar consequences, but the airline said it would do so by Monday.

LiLo owes $93K in tax dues!

Last Updated: Thursday, January 12, 2012, 08:17

Lindsay Lohan is in trouble with the taxman over unpaid dues worth 93,701.57 dollars.

Kingfisher fails to pay Dec service tax dues

Last Updated: Friday, January 6, 2012, 21:10

Debt-ridden Kingfisher Airlines on Friday failed to pay its service tax dues for December, which could lead to freezing of its bank accounts once again, a senior Finance Ministry official said.

Separatist Geelani asked to pay Rs 1.73cr I-T dues

Last Updated: Thursday, October 28, 2010, 00:42

Income Tax department has asked hardline Kashmiri separatist leader Syed Ali Shah Geelani to file Rs 1.73 crore in tax dues over a period when he had not filed his returns after rejecting his appeal.