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In December 2016, the Income Tax department received more than 4000 emails, on black money holders, in India, within 3 days, when Income Tax Department, issued in public notice an email to report black money. [36] Huge amounts of cash in the form of new notes were seized all over the country after the demonetisation. [37] [38]
Income Tax Department. Income tax return is the form in which assesses file information about his/her income and tax thereon to Income Tax Department.Various forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7.
The status of the entity, whether it is a company, a firm, or others, is represented by the numerals 1, 2, and 3. The third section refers to details of the accountant. The name of the accountant, the name of the firm or proprietorship concern the accountant is representing, the address, the registration number and the certificate details are ...
The SUGAM ITR-4S Form is a Presumptive Income Tax Return Form and is part of the Income Tax Returns Filing process with the Income Tax Department of India. The Form is required to be filled out and submitted by those who are eligible to use it under the Income Tax Act, 1961, and the Income Tax Rules, 1962.
For the assessment year 2016–17, individuals earning up to ₹ 2.5 lakh (US$2,900) were exempt from income tax. [14] About one percent of the population, the upper class, falls under the 30-percent slab. It increased by an average of 22 percent from 2000 to 2010, encompassing 580,000 income-tax payers.
K. V. Chowdary: 1 August 2014 – 31 October 2014 Went on to become CVC [12] Anita Kapur 1 November 2014 - 30 November 2015 Went on to become member of Competition Appellate Tribunal Arun Kumar Jain 15 Dec 2015 - 30 January 2016 Atulesh Jindal 1 February 2016 - 31 July 2016 Rani Singh Nair 1 August 2016 - 31 October 2016 Sushil Chandra
Benami Transactions (Prohibition) Act, 1988 (name changed to Prohibition of Benami Property Transactions Act, 1988 by section 3 of the 2016 amendment [4]) is an Act of the Parliament of India that prohibits certain types of financial transactions. The act defines a 'benami' transaction as any transaction in which property is transferred to one ...
Free agency negotiation started on Friday, July 1, 2016. Players were allowed to sign starting on July 7, after the July Moratorium ended. The following players, who last played for an NBA team during the 2015–16 season, were scheduled to become free agents.