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Taxability of non-resident: Yet another U-turn by CBDT
Economic Times - Nov 13, 2009
Lately, the Central Board of Direct Taxes or CBDT (which is the highest ranking executive authority for income taxes in India) has withdrawn several of its ...
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Gold touches all-time high
Chandigarh Tribune - Nov 7, 2009
Pooling of capital gains funds to buy a single property is a grey area and approval of the same would depend upon the Income Tax officer's discretion. ...
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IT dept plans to make names of habitual tax defaulters public
Financial Express - Nov 8, 2009
New Delhi: Tax defaulters beware. The income tax department is considering publishing the names of habitual tax defaulters with large tax demands pending. ...
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How you can cut your tax liability
Rediff - Oct 28, 2009
Certain investment options have been provided in the Income Tax Act, 1961, which, when exercised, can help in reducing tax liability. ...
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Loan puzzle
Calcutta Telegraph - Nov 1, 2009
So, any income from investment of the gifted amount will be clubbed with your income and you shall have to pay income tax thereon. ...