income tax department
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Central Bank Challenges Income Tax Demand Notice
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... - H
LIC Challenges Income Tax Assessment for FY22
New Delhi, March 25 – The Life Insurance Corporation of India (LIC) announced on Wednesday that it had received a substantial tax demand from the Income Tax Department for the financial year 2021-22.In a statement filed with regulatory authorities, LIC said that the Income Tax Department's...- Himanshu
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- assessment financial reporting financial year 2021-22 income tax income tax department interim bonuses jeevan suraksha fund life insurance corporation of india negative reserves regulatory compliance sebi listing obligations section 80m deductions stock exchange disclosure tax deducted at source (tds) tax demand
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- Forum: Business
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Income Tax Department Raises Tax Demand Against LIC
New Delhi, March 25 – The Life Insurance Corporation of India (LIC) announced on Wednesday that it had received a substantial tax demand from the Income Tax Department for the financial year 2021-22.In a disclosure in a regulatory filing, LIC stated that the assessment unit of the tax...- Himanshu
- Thread
- appeals commissioner of income tax (appeals) financial year 2021-22 income tax department interim bonuses jeevan suraksha fund life insurance corporation of india negative reserves nse stock price regulatory filing section 80m stock exchange disclosure tax assessment tax deducted at source (tds) tax demand
- Replies: 0
- Forum: Business
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Transitioning to New Tax Act: E-Filing Portal Remains Compatible
New Delhi, March 23 The Income Tax department on Monday said its e-filing portal will facilitate compliance under the old and Income Tax Acts, and all assessments, appeals, and other proceedings relating to earlier years will continue to be conducted under the old Act until their final... - H
Black Money Tax Cases Rise, Total Assessments Exceed ₹41,257 Cr
New Delhi, March 23 The income tax department has imposed a tax of ₹4,009.64 crore on undisclosed foreign income and assets under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax, 2015, over the nine months of the current fiscal year until December 2025.During the...