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Rajeev Chandrasekhar clarifies on his earnings: 'Taxable income dipped in 2021-22 to Rs 680 due to Covid' | India News

India News: Chandrasekhar's 2021-22 taxable income fell to Rs 680 from Covid losses, sparking EC scrutiny. Congress alleges asset concealment by Chandrasekhar, a

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Rajeev Chandrasekhar clarifies on his earnings: 'Taxable income dipped in 2021-22 to Rs 680 due to Covid'

Lok Sabha Elections News: Chandrasekhar's 2021-22 taxable income fell to Rs 680 from Covid losses, sparking EC scrutiny. Congress alleges asset concealment by Chandrasekhar, a

Thrissur , Kerala , India , Pannyan-raveendran , Thiruvananthapuram-lok-sabha , Rajeev-chandrasekhar , Congress-shashi-tharoor , Central-board , Direct-taxes , Shashi-tharoor , Thiruvananthapuram , Taxable-income

Rajeev Chandrasekhar, Election Affidavit, Rs 680 Income, Election Commission: After Congress' Complaint, Poll Panel To Verify Union Minister's Affidavit

Lok Sabha elections 2024: The ECI has directed the CBDT to verify potential mismatch - between actual and declared assets, and income - in affidavits filed by the BJP's Rajeev Chandrasekhar ahead of his candidature for the Lok Sabha el

Bengaluru , Karnataka , India , Indian-scout , Kerala-thiruvananthapuram , Lok-sabha , Rajeev-chandrasekhar , Pinarayi-vijayan-communist-party-of-india-marxist , Poll-panel-to-verify-union , Supreme-court , Election-commission , Congress-complaint

income tax department: HRA claims: Income tax dept clarifies no special drive to reopen cases of mismatch

Refuting reports that there is a special drive by the department to reopen cases regarding House Rent Allowance (HRA), the Central Board of Direct Taxes (CBDT) said the verification of rent paid by the tenant and the rent received by the recipient was done in a "small number" of cases.

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Business News: Finance Ministry notifies e-advance ruling scheme, allows filing e-mail application

Finance Ministry notifies e-advance ruling scheme, allows filing e-mail application : Rashtra News #Finance #Ministry #notifies #eadvance #ruling #scheme #filing #email #application The finance ministry has notified the 'e-advance rulings Scheme', enabling taxpayers to file their application for advance ruling through e-mail, a move that will majorly benefit non-resident assesses in such proceedings. The 'e-advance

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Income Tax: 5 high-value cash transactions may attract I-T notice

Substantial cash transactions may draw unwarranted scrutiny from the Income Tax Department. The purpose behind these stringent regulations is not to dissuade legitimate transactions but rather to uphold the integrity of the financial system and thwart illicit activities.

India , Income-tax-department , Central-board , Direct-taxes , Central-board-of-direct-taxes , Fixed-deposits , High-value-cash-transactions , Cash-transactions , Personal-finance , It-notice , Income-tax-notice

Small tax demands up to ₹1 lakh waived, bringing relief for income tax payers

As per a Budget announcement, the Income Tax department has set a limit of ₹1 lakh per assessee for the withdrawal of small tax demands.

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Taxpayers, check ITR portal NOW: Pending tax demand up to Rs 1 lakh per individual waived by govt

Income tax outstanding demand: The Central Board of Direct Taxes (CBDT) has stated via a order that the income tax department has started waiving eligible old tax demand. However a maximum ceiling limit per taxpayer/assessee has been set and no outstanding tax demand entries above this ceiling limit would be extinguished.

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IRS officer Sanjay Kumar appointed as Member in Central Board of Direct Taxes

The Central Board of Direct Taxes (CBDT), headed by a chairperson, can have a maximum of six members who are in the rank of special secretary. The Board has attained full strength with the appointment of Kumar.

Sanjay-kumar , Union-finance-ministry-on , Member-tax-payer-services , Income-tax-department , Indian-revenue-service , Department-of-revenue , Faceless-schemes , Revenue-service , Central-board , Direct-taxes , Income-tax , Union-finance-ministry

Insurance companies under IT scanner, likely to receive tax notices worth ₹25,000 crore: Report

Income Tax department is likely to issue demand notices worth ₹25,000 crore to insurance companies for paying higher commissions to intermediaries.

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