The figure includes income tax refunds of Rs 23,026 crore in 61,53,231 cases and corporate tax refunds of Rs 69,934 crore in 1,69,355 cases, an official Twitter post said.
Considering the difficulties being faced in issuing and amending Form no 3—which is a prerequisite for making payment by the declarant - the last date has been extended, CBDT said.
P.C. Mody says govt has already appealed international tribunal order in Vodafone retrospective tax case, and will soon decide whether to appeal Cairn verdict too.
EC order is based on CBDT report that names several ex-Congress MLAs who defected to the BJP, including two cabinet ministers. MP govt to speak to EC in first week of January.
According to officials of Central Board of Direct Taxes, Luo Sang was using 8-10 bank accounts and represented fake Chinese companies in hawala operations worth Rs 300 crore.
The virtual event, to be held Thursday, will be witnessed by various chambers of commerce, trade associations, chartered accountants' associations and 'eminent' taxpayers.
Surabhi Ahluwalia, Official Spokespersons of CBDT, said the return filing utility will be made available by 31 May, 2020, to avail benefits for FY 2019-20.
Modi govt wants to earn Rs 2 lakh crore from ‘Vivaad Se Vishwas’ scheme for disputed tax cases, and has told field officers their appraisals will depend on it.
Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.
In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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