Articles for Information Tax

IRS employees tossed confidential tax information in the trash: report
1 week, 1 day ago

IRS employees tossed confidential tax information in the trash: report

Raw Story  

Employees at the Internal Revenue Service reportedly mishandled people's confidential tax information, the libertarian site Reason wrote on Tuesday. Standard procedure requires tax officials to "shred, burn, mulch, pulp, or pulverize sensitive documents beyond recognition and reconstruction," noted Reason — but on some occasions these documents were simply thrown away in the trash, potentially compromising that information. Auditors who visited …

Irs Reason Sensitive Sensitive Documents Tax Information Facilities Contract Information Tax
Biden urged to pardon whistleblower jailed for leaking Trump's tax returns
3 weeks ago

Biden urged to pardon whistleblower jailed for leaking Trump's tax returns

Raw Story  

Outgoing President Joe Biden should grant a pardon to Charles Littlejohn, the IRS contractor sentenced to five years in prison for leaking tax information about President-elect Donald Trump, Rolling Stone's Bob Lord and Kenny Stancil wrote in an impassioned plea in Rolling Stone published on Wednesday. Trump was infamous throughout his first term for keeping his tax returns under wraps, …

Tax Biden Irs Littlejohn Leaking Trump
Information From ITR/26AS Can't Be Sole Basis For Service Tax Demands: CESTAT
10 months ago

Information From ITR/26AS Can't Be Sole Basis For Service Tax Demands: CESTAT

Live Law  

The Hyderabad Bench of Customs, Excise, and Service Tax Appellate Tribunal has held that the service tax demand was made on the basis of third-party data, i.e., amounts reflected in income tax returns and in Form 26AS, which is not sustainable. The bench of P. Anjani Kumar has observed that the exigibility of service tax depends on the service provider, …

Service Demand Itr Stat Basis Tax Returns Income Tax Returns
GST Council to impose 28% tax on online gaming firms
1 year, 5 months ago

GST Council to impose 28% tax on online gaming firms

The Hindu  

The Goods and Services Tax Council, at its 50th meeting on July 11, reduced or clarified the tax rate on some items ranging from uncooked or unfried snack pellets to special utility vehicles, exempted imported drugs to treat cancer and rare diseases, and brought an end to a years-long debate on tax treatment of online gaming, casinos and horse racing. …

Tamil Nadu Tax Council State Online Gaming Sitharaman Gst
What should you keep in mind while filing your income-tax return?
2 years, 6 months ago

What should you keep in mind while filing your income-tax return?

Business Standard  

If you are an earning individual, 31st of July is the last date for filing income tax return for the financial year 2021-22 and assessment year 2022-23. The Income-Tax Department provides pre-filled forms to make the filing of tax returns hassle free. And one of the most important steps in filing an income tax return is to compare tax deducted …

Income Form Filing Tds Tax Return
India to get third set of Swiss bank details this month
3 years, 3 months ago

India to get third set of Swiss bank details this month

The Hindu  

India will get this month the third set of Swiss bank account details of its nationals under an automatic exchange of information pact with Switzerland and this will include for the first time the data about real estate properties owned by Indians there, officials said on Sunday. While it would be the third time that India will get details about …

India Financial Tax Indian Black Money Countries Set
Netflix, Apple rebuked by Vietnam over lack of tax payments
4 years, 1 month ago

Netflix, Apple rebuked by Vietnam over lack of tax payments

The Hindu  

Vietnam's information minister on Tuesday accused foreign streaming companies like Netflix and Apple of skirting their tax responsibilities, saying it would create unfair competition for domestic firms. Foreign streaming firms, which have combined revenues of nearly one trillion dong from one million subscribers, according to the information and communications ministry, have never paid tax in Vietnam. “We are supportive of …

Vietnam Tax Netflix Foreign
Law Changes 2020: Traffic and Transportation
5 years ago

Law Changes 2020: Traffic and Transportation

NL Times  

The Dutch government is implementing a large number of rules, regulations, and law changes at the stroke of midnight on January 1. Below is a summary of changes made in the category Traffic and Transport: The maximum punishment for serious traffic offenses is increasing next year. Owners of older diesel cars will pay a particulate matter surcharge, referred to as …

Tax Cars Vehicle More Information January 1St
I-T raids on Kamal Nath’s aides: Madhya Pradesh Lokayukta refuses to share details of search ops claiming exemption under RTI Act
5 years, 8 months ago

I-T raids on Kamal Nath’s aides: Madhya Pradesh Lokayukta refuses to share details of search ops claiming exemption under RTI Act

Firstpost  

The Madhya Pradesh Lokayukta has refused to share details of search operations conducted by the Income Tax department against corrupt public servants of the state government citing an exemption clause under the RTI Act. Bhopal: The Madhya Pradesh Lokayukta has refused to share details of search operations conducted by the Income Tax department against corrupt public servants of the state …

Tax Information Search Income Department Rti Madhya Pradesh