Video : Rs 1 Crore Reward for Benami Property informant : Income Tax News [Part 38]
Rs 1 Crore Reward for Benami Property informant : Income Tax News [Part 38] Reward of Rs 1 crore : Benami Transactions Informants Reward Scheme 2018
Monthly Archives: April 2018
Reward of Rs 1 crore : Benami Transactions Informants Reward Scheme 2018
Benami Transactions Informants Reward Scheme 2018 Benami Transactions Informants Reward Scheme 2018 is introduced by CBDT for regulating grant and payment of reward to a person who is an informant under this Scheme. A person can get reward up to Rs. One crore for giving specific information of benami property. Identity of the informant shall… Read More »
USA IRS : The Right to Retain Representation: Taxpayer Bill of Rights #9
The Right to Retain Representation: Taxpayer Bill of Rights #9 The right to retain representation when dealing with the IRS is one of ten rights in the Taxpayer Bill of Rights. Taxpayers who interact with the IRS should be aware of their rights. The right to representation means: Taxpayers have the right to retain an authorized… Read More »
USA IRS : Hiring Law Representative: # 9 of the Taxpayer Bill of Rights
Hiring Law Representative: # 9 of the Taxpayer Bill of Rights The right to hire a representative in dealing with the IRS, is one of the ten rights in the Bill of Rights as a Taxpayer . Taxpayers dealing with the IRS must know their rights. The right to hire a representative means: Taxpayers have the right to hire… Read More »
USA IRS : The Right to a Fair and Just Tax System: Taxpayer Bill of Rights #10
The Right to a Fair and Just Tax System: Taxpayer Bill of Rights #10 All taxpayers have the right to a fair and just tax system. This is one of 10 rights in the Taxpayer Bill of Rights, which clearly outline the fundamental rights of every taxpayer. Here’s what the IRS wants all taxpayers to know… Read More »
USA IRS : Have you missed the deadline for filing your taxes? IRS offers these tips on what to do
Have you missed the deadline for filing your taxes? IRS offers these tips on what to do IR-2018-102SP, April 23, 2018 WASHINGTON – While the deadline has passed federal tax for most people, there are still some taxpayers who have outstanding tax matters. This includes people who have not yet submitted their statements, others who have not… Read More »
USA IRS : IRS Offers Tips about Tips
IRS Offers Tips about Tips Generally, income received in the form of tips is taxable. Here’s some information to help taxpayers correctly report the income they receive as a tip: Use the Interactive Tax Assistant. The ITA tool is a tax-law resource that asks taxpayers a series of questions and provides a response based on… Read More »
USA IRS : The right to have a tax system that is fair and adequate: # 10 of the Taxpayer Bill of Rights
The right to have a tax system that is fair and adequate: # 10 of the Taxpayer Bill of Rights All taxpayers have the right to a fair and adequate tax system. This is one of the 10 rights in the Charter of Taxpayer Rights , which clearly defines the fundamental rights of all taxpayers. The IRS… Read More »
USA IRS : IRS and Security Summit partners warn new twist on telephone scams; Thieves target contributors to IRS.gov to “verify” calls
IRS and Security Summit partners warn new twist on telephone scams; Thieves target contributors to IRS.gov to “verify” calls IR-2018-103SP, April 24, 2018 WASHINGTON – The Internal Revenue Service today warned of a new twist on an old phone scam as criminals use telephone numbers that mimic Centers Assistance (TAC) of the IRS to lure… Read More »
Tax on long term gain on Transfer of equity share : Govt invites Comment
Government invites comments on draft Notification under section 112A as inserted by Finance Act, 2018 by 30th April, 2018 Posted On: 24 APR 2018 5:17PM by PIB Delhi The Finance Act, 2018 has withdrawn the exemption under clause (38) of Section 10 of the Income-tax Act, 1961 (the Act) and has introduced a new section… Read More »