tax assessment

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    Thane Corporator Calls for Property Tax Survey

    Thane, April 1 Mukesh Mokashi, the BJP group leader in the Thane Municipal Corporation, has alleged that several commercial establishments in the city are still paying property tax at outdated rates and has demanded a survey to plug revenue “leakages”.Mokashi, a former deputy mayor, made the...
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    Long-Standing Bribery Case Concludes with Imprisonment

    Thane, March 31 A special CBI court in Thane has sentenced a former Income Tax officer to six months of rigorous imprisonment (RI) in a 19-year-old case involving accepting a bribe of Rs 20,000 from a person to finalize a tax assessment.Special Judge (CBI) D S Deshmukh also imposed a fine of...
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    NDMC Tax Reform: Property Valuation & Enforcement Updates

    New Delhi, March 27 The government has proposed a new property tax framework in the New Delhi Municipal Council (NDMC) areas, ease criminal provisions for minor offenses, and tighten enforcement for tax violations.This is part of the Jan Vishwas (Amendment of Provisions) Bill, 2026, which was...
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    NIIT Addresses Income Tax Demand Regarding Computation Error

    New Delhi, March 27 NIIT Learning Systems Ltd (NIIT MTS), a corporate training solutions provider, has received a demand notice of ₹14.93 crore from the Income Tax Department for the assessment year 2023-24, according to a regulatory filing on Friday."The Assessment Unit of the Income Tax...
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    Thane Municipal Corporation Allocates Funds for Development Projects

    Thane, March 25 The Bhiwandi Nizampur City Municipal Corporation (BNMC) in Maharashtra has presented a budget of ₹1,179.10 crore for 2026-27, outlining key allocations for infrastructure, education, transport, and welfare schemes, officials said on Wednesday.In the budget presented by...
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    Edtech Firm Physicswallah to Challenge Tax Assessment

    New Delhi, March 18 Edtech firm Physicswallah has received a notice from the Income Tax Department demanding Rs 263.34 crore for the assessment year 2023-24.The demand was raised after the Income Tax Department treated the funds received by the company from investors, including funds from...
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    Bengaluru BJP Accuses Congress of 'Property Tax Terrorism'

    Bengaluru, March 10 The opposition BJP on Tuesday accused the Congress government in Karnataka of "property tax terrorism" against the people of Bengaluru, with 24,874 properties in the city being issued show-cause notices based on an ongoing drone survey.Responding to the issue raised by...
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    Insurance Firm Go Digit Hit with Five-Year GST Demand

    New Delhi, March 7 Go Digit General Insurance on Saturday said it has received a demand notice of approximately Rs 170 crore for short payment of Goods and Services Tax (GST) for nearly five years.The company received a copy of the order from the Office of the Commissioner of GST & Central...
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