« Top Headlines » Open DEMAT Account in 24 hrs  ITR Defective Notice for AY 2026-27: Reasons, 15-Day Deadline and What Happens If You Ignore It  ITR Refund Status 2026: How to Track Your Income Tax Refund Online – Step-by-Step Guide  GST Council Explores Andhra Pradesh’s AI-Driven Tax Administration Model  ITR filing 2026: Who must file by August 31? Tax department explains  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose  Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More  Government proposes to ease tax relief conditions for offshore funds  TallyPrime Connected Banking: Automating Banking and Accounting  ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update  ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide «  Customs appellate tribunal in Ahmedabad... Should we bid adieu to cost audit?... » IT sector may come under tax net October, 12th 2006 The Andhra Pradesh Government is seriously contemplating bringing the information technology sector into the tax net. The Government has appointed a committee to study and suggest guidelines to tax the sector. The committee, headed by the IT secretary, Ms K. Ratnaprabha, would interact with the IT sector before submitting a report to the Government. ENDORSEMENT According to Mr Konathala Ramakrishna, Minister for Commercial Taxes, the Government move to tax the sector was vindicated by a Supreme Court judgement. Talking to reporters after a review meeting headed by the Chief Minister, Dr Y.S. Rajasekhara Reddy, here on Wednesday, Mr Ramakrishna said the phasing out of central sales tax had been deferred to April next. He said the VAT collections in the State had gone up by 32.50 per cent in the first half over the same period last year.