HDFC Life Insurance slapped tax order worth ₹2,087 cr
HDFC Life says the order will have no adverse material impact and that it will contest by appealing before appellate authority
HDFC Life says the order will have no adverse material impact and that it will contest by appealing before appellate authority
The IT major will receive tax refund from the I-T dept for assessment years spanning from 2007-08 to 2018-19.
Audit reports and other forms filed during the period totalled 1.60 cr, marking an increase from 1.43 cr audit reports and forms filed in the year-ago period.
Maruti Suzuki says it will file its objections before the Dispute Resolution Panel
These notices were sent to individuals whose annual income was more than ₹50 lakh.
According to the income tax department, out of the 3.06 crore ITRs filed till July 18, 2023, 2.81 crore ITRs have been e-verified, which means more than 91% ITRs filed have been e-verified.
Maximum amount pending from an assessee is from Mumbai’s Uday Acharya (deceased) and his family. He owes ₹779.04 crore. The assessee has been declared bankrupt and passed away.
The Gurugram-based carmaker, which is owned by the China's state-owned automaker SAIC Motor, has been in the eye of the storm of a regulatory crackdown by law-enforcement agencies.
The development comes days after the IT department extended the due date to file tax audits for the fiscal year 2021-22 by seven days due to technical glitch.