Author archive for bassadmin

  • Jun082019

    ‘Indian component suppliers no more questioned for quality’

    Not too long back, Indian auto components were not considered at par with the likes of Germans in quality. But that has completely…

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  • Mar182019

    New amendments/ updates for Fy-19

    Income tax e-returns filed for the April-February period has grown nearly 30% compared with the corresponding period in FY18. While…

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  • Mar182019

    Salient Features from The Banning of Unregulated Deposit Schemes Ordinance

    It extends to the whole of India except J& K… It shall be regulated by the concerning State Governments/UTs… It…

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  • Apr212018

    How a Bengaluru case turned the Income-Tax Department’s gaze on India’s salaried class

    So far it was only the rich who were afraid of income-tax sleuths. With his tax deducted at source and…

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  • Apr212018

    Income Tax department warns salaried class again filing wrong ITRs

    NEW DELHI: The Income Tax Department on Wednesday cautioned salaried class taxpayers against using illegal means like under-reporting of income…

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  • Apr192018

    How income tax department can penalise you for under-reporting, misreporting income

    Under-reporting income or inflating deductions/exemptions in income tax return can attract heavy penalties ranging from 50% to 200% of tax…

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  • Apr062018

    New ITR forms notified; salary breakup, GST ID to be furnished

    The new Income Tax Return (ITR) forms for the assessment year 2018-19 were notified today by the Central Board of Direct Taxes that mandated salaried…

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