Income tax

Income Tax Department Detects ‘Unrecognized Transactions’ Worth Over 500 Crore Yen at Ahmedabad Real Estate Company | Latest India News

The Income Tax Service raided an Ahmedabad-based real estate developer, which uncovered unrecorded transactions worth more than ??500 crore, the Central Commission for Direct Taxes (CBDT) claimed on Saturday, adding that the transaction, which was part of a tax evasion investigation, was also carried out on brokers linked to the developer. “Documents have revealed unrecorded […]

Income tax

County of Knox considers new local income tax to subsidize ambulance service

KNOX COUNTY, Indiana (WTHI) – Knox County EMS operates all ambulance services in the county. But like many ambulance services across the country, he’s struggling to keep up during the pandemic. Knox County Commissioner Kellie Streeter explains, “We need to make sure there is an ambulance service to provide emergency medical services to everyone in […]

Income tax

Pendleton adopts proposed public safety income tax hike | Local News

PENDLETON – With Police Chief Marc Farrer on the importance of additional funding for public safety, Pendleton City Council has passed a resolution to increase income tax for public safety. City council voted unanimously on Tuesday to increase the public safety income tax for Madison County by 0.3%. With the action taken in Pendleton, the […]

Income tax

income tax department: IT department asks taxpayers to accept requests until September 30 for settlement to interim council

The Income Tax Department has issued an order requiring taxpayers to accept pending tax claims until September 30. The 2021-2022 Budget, through the Finance Act, amended the provisions of the Income Tax Act 1961 to provide that the Income Tax Settlement Commission (ITSC) will cease to act. operate from February 1, 2021. In addition, it […]