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.
Before social media, depiction of violence on news was the exception—graphic visuals were either not shown on TV or in newspapers or the images were blurred. This is no longer the case.
Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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