Splco emerging trend in bilingual online media
After raided for three days at the residence and offices belonging to evangelist Paul Dhinakaran, who heads the Jesus Calls ministry, Income Tax (I-T) Department has seized gold weighing 4.5 kg and detected unaccounted income to the tune of ₹120 crore from the raids that it had conducted “The gold was found at Read More…
Income Tax Department sources said 5.95 crore income tax returns (ITRs) for the fiscal year ended March 31, 2020 (2019-20) were filed by January 10 2020 The ITR filing deadline for individuals ended on January 10 while for companies it is till February 15. The tax department in a tweet said 5.95 crore Read More…
The current deadline for filing the income tax return was December 31, 2020, which means an extension of 10 more days have been given. The extension of the deadline is for those individuals whose accounts are not required to be audited and who usually file their income tax return using ITR-1 or ITR-4 forms, Read More…
The union Government on Saturday announced extension of the due date for filing income tax returns for the assessment 2020-21 by another month to December 31, 2020. The earlier extension allowed such filing by general taxpayers by November 30. Along with general category of taxpayers, the government also extended the date of filing Read More…
The Income Tax department’s Benami Prohibition Unit in Chennai has provisionally attached properties in and around the city worth Rs 300 crore allegedly belonging to ousted AIADMK leader VK Sasikala on Monday. I-T sources said that a notice had been served to Sasikala at the Parappana Agrahara Prison in Bengaluru, the benami company and Read More…
In the 2020-21 Budget, the government revised the format of Form 26AS, stating that all such information from different SFTs would be shown in the new Form 26AS. It is an annual consolidated tax statement that can be accessed from the income-tax website by taxpayers using their permanent account number (PAN). This financial year Read More…
Earlier online web news portal Caravan published an article which alleged that Amit Shah’s son Jay Shah’s firm Kusum Finserv LLP’s income rose to Rs 119.61 crore in 2019 from Rs 79.60 lakh in 2014 when the Bhartiya Janta Party came to power. As per the Ministry of Corporate, Affairs, LLP is an alternative Read More…
In a crackdown on duplicate Permanent Account Number (PAN) cards, the income tax department is likely to deactivate the PANs which are not linked with the Aadhaar number of the user by September 30. Salient timeline data of PAN wrt to AADHAAR 44 crore – Total No. of PANs 24 crore – PANs linked Read More…
KPCC also disapproved of the letter by Balakrishnan to ECI in which he termed the recent protest by Chief Minister H D Kumaraswamy and other leaders of State government as “Mamata Bannerjee tactics”. The Karnataka Pradesh Congress Committee has written to the Election Commission of India (ECI) seeking the transfer of Principal Chief Commissioner Read More…
The management of an English medium school in Chittoor district of Andhra Pradesh was in the dock for making students strip and stand in the hot sun on Wednesday as a punishment. The incident occurred in the Chaitanya Bharati School at Nanasahebpet of Punganur block. The incident came to light after a video Read More…
