Income Tax News
E-filing of returns to become compulsory soon
15 March 2007 at 05:32Individual taxpayers, too, soon may have to file returns electronically.TheCentral Board of Direct taxes (CBDT) is considering a proposal to makeelectronic filing of income tax returns compulsory for certain class ofassesses. "We have taken the power
Posted in Income Tax
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Government may levy income tax on dividends
13 March 2007 at 23:03Income from dividends, which is at present taxed in the hands of the companies, could soon be added to one's income and may have to shell out the applicable income tax.
Posted in Income Tax
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