STI NEWS;958 lakh Pan-341 lakh returns why say CAG report.” plus 1 more

STI NEWS;958 lakh Pan-341 lakh returns why say CAG report.” plus 1 more


958 lakh Pan-341 lakh returns why say CAG report.

Posted: 27 Mar 2011 04:37 AM PDT


A report says number of PAN cards far exceeds the number of tax payers. This raises concern that tax dodgers may be using multiple cards to hide income. The Income Tax ( I- T) department has issued close to 10 crore permanent account number ( PAN) cards but the number of taxpayers in the country is only one- third of this number, giving rise to serious concern that many tax dodgers are using two...

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Clarifications changes in Central Excise & Customs & service tax in Budget 2011

Posted: 27 Mar 2011 04:00 AM PDT


Service Tax : Clarifications regarding changes introduced through the Central Excise & Customs Notifications issued on 24-3-2011 LETTER D.O.F.NO. B-1/3/2011-TRU, DATED 25-3-2011 After the presentation of the Budget 2011-12 on the 28th February, 2011, the Ministry received several representations from industry/trade associations and Chambers of Commerce either seeking changes in or...

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