Browsing Tag

I-T Dept

gujarat group: I-T searches on Gujarat company yield Rs 1000 cr unreported income

Jason Junior Aug 3, 2022 0

The Income-tax Department unearthed “unaccounted” income of over 1,000 crore during a search operation last month on a Gujarat-based business conglomerate, the Central Board of Direct…
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Business

IT Act: Tax sops for new jobs: I-T dept’s interpretation of Section 80JJAA of I-T Act leaves…

Jason Junior Mar 30, 2022 0

An interpretation by the income tax authorities that manpower companies don’t share an “employer-employee” relationship with the people they outsource, as a ground to deny tax benefits…
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Business

Gujarat HC: Explain stance on notices to companies over affiliates: Gujarat HC tells tax department

Jason Junior Feb 25, 2022 0

The Gujarat High Court has asked the tax department to explain its stance on notices issued to Indian companies that were providing services to their affiliates and other group entities…
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