- Thursday, July 15, 2010, 22:19
- Income Tax
- 0 views
Can Hindu deities have demat accounts to enable them transact in shares and debentures on the stock market? The Bombay High Court will decide the issue after a religious trust filed a petition challenging the decision of National Securities Depository Ltd (NSDL) to refuse it permission for opening demat accounts in the names of five Hindu deities.
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- Wednesday, January 20, 2010, 9:27
- Income Tax
- 21 views
If you’re worried about what questions your income tax officer will ask about your returns, you can relax a bit. The department has decided to take up fewer tax returns for scrutiny this year. The Central Board of Direct Taxes had issued an internal circular in December 2009, asking commissioners to select fewer cases for scrutiny.
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- Wednesday, January 20, 2010, 8:33
- Income Tax
- 2 views
About Rs 4 crore has been siphoned off the I-T system by some unidentified fraudsters with the help of bogus PAN cards, e-returns and e-refund orders. The I-T refunds claimed on the basis of these bogus documents have been deposited in some bank accounts opened in the name of persons who have never paid any income tax.
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- Tuesday, March 31, 2009, 3:39
- Income Tax
- 46 views
W.e.f. 01.04.2009 the NSDL has stepped up the cost for PAN Cards (New PAN / Change / Correction) from present Rs. 60 [plus Service Tax to Rs 85 plus service Tax. Thus, now one will have to pay Rs.94.
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- Tuesday, June 10, 2008, 6:37
- Income Tax
- 9 views
The government will soon introduce biometric permanent account numbers (PAN) for income tax payers, though initially only new applicants would be brought under its net, Finance Minister P Chidambaram said on Monday. “There is progress on biometric PAN cards. Features have been finalised, what biometric measure will be used in the PAN card is being [...]
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