The Revenue Secretary further stated that the efforts of the government will continue to provide a hassle-free, simple, and collaborative approach towards the implementation of taxes.
Congress would encourage all those in the tax bracket to pay tax to ensure 100% tax collection and boost the revenue of the MCD.
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that such consultations with assessee, prior to issuance of show-cause notice (SCN) in case of demands of duty is above Rs 50 lakh (except for preventive/offence related SCNs), is mandatory and shall be done by the SCN-issuing authority.
Tax department has asked officials to start an outreach programme with stakeholders and make systemic changes to implement proposed modifications…
As the Income Tax Department uses Big Data to catch evaders, it is asking taxpayers to verify online the deposits…
