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Direct Tax »
 Companies may have to submit income estimates by 15 November
 CBDT proposal on advance estimates of tax liability irks industry
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 Companies may have to furnish Apr-Sept income estimates to I-T dept
 CBDT working on a draft rule that makes it compulsory for companies to provide income estimates by Nov 15
 Companies, HNIs may soon have to specify reason for paying less advance tax than previous year
 TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
 CBEC tells field officers to take GST disputes to Supreme Court
 Jurisdiction-free income-tax assessment on the cards
 CBDT asks I-T department to take urgent steps
 TDS on interest on deposits made under the Capital Gains Accounts Scheme, 1988 where the depositor has deceased

FY10 direct tax may be Rs 4 trillion: Panel member
October, 21st 2009
India may collect 4 trillion rupees as direct tax for the current fiscal year ending March 2010, a government panel member said on Wednesday. "There is an unexpected increase in recent direct tax collections. It is possible that direct tax figures may touch 4 lakh crore (4 trillion rupees)," said Govinda Rao, a member of the Prime Minister's Economic Advisory Council.
 
 
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