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The Income Tax Department of India specifies the use of the Form and various rules and regulations are associated with it. The Income Tax Act, 1961, and the Income Tax Rules, 1962, govern the process of filing Income Tax Returns in India. Form 3CE is a part of this process and is an Audit Report format and is required by Section 44DA. [24]
Air India became the first Asian airline to operate freighters when Air India Cargo was set up in 1954 and started its freighter operations with a Douglas DC-3 aircraft. [16] Air India Cargo ended freighter aircraft operations in early 2012. [124] Alliance Air was a wholly owned subsidiary of Indian Airlines established on 1 April 1996.
In its income declaration scheme, 2016, the government of India allowed taxpayers to declare previously-undisclosed income and pay a one-time 45-percent tax. Declarations totaled 64,275, netting ₹ 652.5 billion (US$7.5 billion).
It was renamed as Air India Limited on 26 October 2010. [6] Air India Limited was privatized through its sale to the Tata Group. On 8 October 2021 Tata Sons paid ₹ 180 billion (US$2.1 billion) to Government of India and Tata will also assume ₹ 153 billion (US$1.8 billion) of Air India Limited's debt as per the transfer deal.
Air India Express is an Indian low-cost airline and a wholly owned subsidiary of Indian flag carrier airline Air India. [6] Currently, it is headquartered in Gurgaon , Haryana . [ 3 ] [ 7 ] The airline operates more than 2000 flights per week to 45 destinations across India, the Middle East and Southeast Asia . [ 8 ]
On 1 April 1997, Vayudoot Airlines, a joint venture of Air India and Indian Airlines, merged with Alliance Air to serve the regional air routes of Northeast India and several other parts of India. In November 2013, Air India announced that it would dry lease eight ATR-72 aircraft to replace Alliance Air's ageing fleet of ATR 42 and CRJ700 ...
The estimated cost of establishing the new Authority would be around Rs 11.2 million. The CAA would be self-financing and have a separate fund called the 'Civil Aviation Authority of India Fund' that would finance its entire expenses. It would have a Chairperson, a Director General and 7-9 members appointed by the Central Government.
Air India is the flag carrier of India, and was founded by JRD Tata of Tata Sons. It is based in New Delhi, and currently operates hubs in Delhi, Mumbai, and Bengaluru, with various focus cities across India. [1] Air India commenced operations on 29 July 1946, operating under the Government of India.