• Registered Users :
  • 157363
  • Current Active Users :
  • 99375

News INCOME TAX

  • Apr 10, 2019
  • Select mid-size MNCs get I-T notices

    The Income-Tax Department has issued notices to select mid-scale multinationals for escaping assessment over the past seven years and has initiated investigations against them, two people with knowledge of the matter said. Most of these multinationals do not have a presence in India and haven’t filed tax returns domestically. Their transactions are limited to their clients, which are required to deduct tax before making payments.