Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Indirect Tax »
Open DEMAT Account in 24 hrs
 How to reduce tax on rent from vacant houses
 Make sure to claim these tax deductions
 Investment tips for those opting for new tax regime
 Indirect tax dept issues notices to companies over late input credit claim under GST frame
 E-generated document required for indirect tax notices
 FinMin seeks industry inputs on direct, indirect tax changes
 Govt gives businesses four months to settle indirect tax disputes
 ITR filing becomes easy via new 'e-Filing Lite' portal - 5 things to know Income Tax Return
 No income tax on interest from accident compensation: High Court
 How much tax do you need to pay for your equity investments?
 Income Tax Department proposes new norms for taxing MNCs in India

s 86k crore indirect tax revenue locked up in litigation: Government
September, 07th 2012

The government today informed Parliament that Rs 86,000 crore in indirect taxes is locked up in litigation.

"An amount of Rs 86,000 crore indirect tax revenue of Central Board of Excise and Customs has been locked up in litigation," Minister of State for Finance S S Palanimanickam said in a written reply in the Lok Sabha.

He said the board continuously monitor recovery of tax arrears.

Legal action to recover arrears of revenue from defaulters and bunching of all cases involving same issue for expediting decision are among the steps taken to ensure speedy recovery, he added.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting