Rajeev Chandrasekhar clarifies on his earnings: ‘Taxable revenue dipped in 2021-22 to Rs 680 as a consequence of Covid’ | India Information

THIRUVANANTHPURAM: Enterprise partnership losses incurred “during the Covid period” have been guilty for Union minister Rajeev Chandrasekhar’s taxable revenue in 2021-22 plummeting to Rs 680, he stated Thursday on X.The revelation got here two days after EC acted on a criticism by Congress and directed the Central Board of Direct Taxes to confirm any potential […]

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HRA exemption: Claiming Home Hire Allowance tax profit? Maintain these 5 essential paperwork helpful in case revenue tax division asks | Enterprise

HRA tax exemption: Many staff have the supply for Home Hire Allowance (HRA) as part of their wage construction. To decrease their tax burden, many declare HRA exemption in the event that they dwell in rented lodging. Lately, the Earnings Tax Division found HRA fraud involving unlawful use of Everlasting Account Numbers (PAN). They discovered […]

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Earnings Tax Discover: Bjp: Cong Attempting To Cover Reality That Newest I-t Discover Follows Hc Order | Delhi Information

NEW DELHI: BJP on Friday dismissed Congress’ indignant protests over I-T motion towards it saying that the opposition social gathering is making an attempt to distract consideration from its failure to obey the legal guidelines which apply to political events in addition to all tax payers and is making an attempt to obfuscate the truth […]

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Delhi excessive court docket dismisses Congress’ plea difficult revenue tax probe | India Information

NEW DELHI: The Delhi excessive court docket on Thursday rejected a plea by the Indian Nationwide Congress social gathering, contesting an order from the Revenue Tax division concerning reassessment proceedings spanning 4 years. This follows the current dismissal by the court docket of Congress’ plea concerning reassessment for the years 2014 to 2017.It is a […]

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Congress case: HC elements in revenue tax declare Rs 520 crore could’ve escaped evaluation

NEW DELHI: Delhi excessive courtroom has taken discover of revenue tax division’s ‘satisfaction notice’ itemizing out info on a number of money transactions by Kakkar-Miglani group throughout 2018 meeting elections in Madhya Pradesh and 2019 basic elections, together with by state PWD, in addition to funds by Megha Engineering and its arms of electoral bonds-fame […]

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