« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing: 6 Ways to Get Exemption on Income Tax  Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25  Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?  Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?  BackBack Income Tax Act amendment on cards on tax treatment of MSME dues  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals «  India comes out merciful on tax misery index... Triangular taxation: Concept & challenges... » RIL, Tata Motors, others under-assessed: CAG May, 15th 2007 Top corporate houses and banks including Reliance Industries, Bank of Baroda, Coca Cola and Tata Motors were under-assessed by tax authorities, resulting in less tax collection of more than Rs 1,054 crore. RIL was under-assessed resulting in lower tax collection of Rs 376.17 crore for the assessment year 2002-03, the latest report of Comptroller and Auditor General of India for March 2006 has said. In case of Tata Motors, the omission resulted in a short levy of tax by Rs 261.13 crore, the report said, adding the Department has accepted the mistake and took remedial action.