New Delhi, March 31 The state-owned Central Bank of India announced on Tuesday that it has received a demand notice of ₹296.08 crore from the Income Tax Department for a shortfall in tax payments for the fiscal year 2025."The bank has received an assessment order under Section 143(3) read with...
Chandigarh, March 30 Punjab Finance Minister Harpal Singh Cheema said on Monday that the state government has detected tax evasion worth about Rs 200 crore in the state's hospitality sector, and the total amount is likely to rise to nearly Rs 500 crore as the investigation expands.Addressing a...
bill liyao, inam pao
catering services
chandigarh
data analytics
dhabas
financial analysis
gst returns
hospitality sector
punjab
restaurants
state investigation and preventive unit
tax evasion
tax intelligence unit
taxliability
turnover suppression
upi transactions
Chandigarh, March 27 – Punjab Finance Minister Harpal Singh Cheema said on Friday that the Taxation Department has launched a large-scale, coordinated enforcement drive across the state to curb tobacco tax evasion, leading to the detection of unaccounted goods estimated at Rs 1.5 crore...
Chandigarh, March 27 The Punjab government seized illegal tobacco products worth approximately Rs 1.5 crore during a statewide drive against tax evasion, Finance Minister Harpal Singh Cheema said on Friday.He said the tax department conducted simultaneous raids at eight locations – five...
New Delhi, March 20 – The Central Board of Direct Taxes on Friday announced the rules for the Income-tax Act, 2025, which provides enhanced tax benefits for HRA to salary earners but mandates disclosure of the landlord-tenant relationship.The Income-tax Rules, 2026 will operationalize the...
asset holding period calculation
audit responsibilities
capital gains
central bank digital currency (cbdc)
crypto exchanges
foreign income tax
hotel/restaurant bill pan requirement
hra exemption
immovable property pan requirement
income tax act 2025
income tax rules 1962
income tax rules 2026
landlord-tenant disclosure
motor vehicle pan requirement
permanent account number (pan) requirements
tax credit claims
taxliability
New Delhi, March 20 The Central Board of Direct Taxes on Friday notified the rules for the Income-tax Act, 2025, which provides enhanced tax benefits for HRA for salaried individuals but also mandates the disclosure of the landlord-tenant relationship.The Income-tax Rules, 2026, will...
asset holding period
audit responsibility
capital gains
form 33
house rent allowance (hra)
income tax act
income tax act of 1961
income tax rules, 2026
income-tax rules
landlord-tenant relationship
non-resident taxation
pan duplication
stock exchange dealings
tax benefits
tax disclosure
taxliability
New Delhi, February 19 In a setback to the Patanjali Yogpeeth Trust, the Supreme Court has dismissed its curative petition while upholding a tribunal's decision that it was liable to pay service tax for charging an entry fee for organizing yoga camps, both residential and non-residential.A...