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Deadline To File GSTR-1 Extended To January 10
Businesses with a turnover of upto Rs. 1.5 crore which were earlier required to file the comprehensive GSTR-1 for July-September period by December 31st are now provided an extra time till January 10,, 2018. Other businesses can file the return ...

I-T Department Reports Undisclosed Income Of Rs 7,961 cr
On November 8, 2016, Narendra Modi government scrapped high currency notes of Rs. 500 and Rs. 1000 to crackdown illicit money, practise of tax evasion and corruption from the system. Post the demonetisation move, the Income tax department today reported undisclosed ...
Linking Of PAN And Aadhaar Gets Extension Till August 31
After the date for filing ITR got extension by another 5 days to August 5, the government also extended the date for linking PAN and aadhaar to August 31. Earlier on Monday, revenue secretary, Hasmukh Adhia said that PAN shall ...
What is transfer pricing?
Transfer pricing is a mechanism or mode by which several MNCs attempt to evade tax. In the process, companies operating globally, shift profits earned in a particular nation to other where the rate of taxation is way below, this ...
FM asks authorities to share information to check tax evasion
Finance Minister P Chidambaram today called for better information sharing among various agencies of the government to check tax evasion. "I think organisations must come forward to share information with DRI (Directorate of Revenue Intelligence), just as DRI must come ...
Tax demands to Nokia may cross Rs 10,000 crore
New Delhi: The Income Tax department may raise a total demand of over Rs 10,000 crore against Finnish mobile firm maker Nokia which is embroiled in an alleged tax evasion case ahead of its global takeover by software giant Microsoft. ...
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