Last Updated: Friday, September 4, 2015, 14:02
In what could spell fresh trouble for Sahara chief Subrata Roy, the Supreme Court has asked the company to reply to the notice sent by Income Tax department.
Last Updated: Tuesday, April 7, 2015, 17:16
Government Tuesday rejected suggestions that tax notices to Foreign Institutional Investors (FIIs), which have created a controversy, amounted to retrospective taxation.
Last Updated: Wednesday, March 11, 2015, 16:02
Shares of Scottish oil explorer Cairn Energy Plc fell sharply by over 18 percent on the London Stock Exchange after the company yesterday received a tax demand of Rs 10,247 crore (USD 1.6 billion) from Indian authorities.
Last Updated: Wednesday, September 25, 2013, 19:21
Served with Income Tax notice, the Bodh Gaya Temple Management Committee (BTMC) on Wednesday submitted that it is a government-appointed body that receives money by way of donation which is legally free of tax.
Last Updated: Tuesday, September 24, 2013, 13:22
For the first time, the Income Tax department has issued notice to Bodh Gaya`s Mahabodhi temple, Buddhism`s holiest shrine, over its collections, officials Tuesday said.
Last Updated: Wednesday, July 3, 2013, 16:01
In more trouble for senior BJP leader Gopinath Munde, facing an Election Commission`s show cause notice for his poll spending remark, the Income Tax department has issued a notice seeking his explanation within a week.
Last Updated: Sunday, May 19, 2013, 13:34
Income Tax department has slapped a fresh Rs 577-crore tax demand notice on Infosys for 2009-10 assessment year, adding to the tax woes of India's second largest IT firm.
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.
Last Updated: Friday, January 18, 2013, 16:06
Bangalore civic authorities have sent a property tax notice to Wipro Ltd, asking the software major to pay dues of more than Rs 19 crore along with interest or face severe legal measures to recover them.
Last Updated: Thursday, May 17, 2012, 23:34
Ramdev`s trusts have challenged the action of the IT dept to slap a tax demand of Rs 58 crore on their income through sales of Ayurvedic medicines.
Last Updated: Thursday, May 17, 2012, 21:31
Ramdev`s trusts have lost their exemption from payment of IT & have been slapped a notice of Rs 58 crore demand on sale of their Ayurvedic medicines.
Last Updated: Friday, October 14, 2011, 15:23
Top income tax authority Friday said it has not given direction for targeting anyone for political reasons and action against a member of team Anna would have come in "normal manner".
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