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WebMar 19, 2024 · The logic behind increasing tax rate from 30% to 60% was to make sure assesse who is hiding and concealing its income will not be treated at par with other tax payers i.e. both disclosed and undisclosed income will be taxed at roughly 30%, to penalise the tax evaders, tax rate was increased. Tags: Section 68 Web75 rows · 4. ITO 1 (2), BHOPAL. Shivaji Nagar, Bank Colony, MP Nagar Zone- 1&II, Amber … list of federal government jobs
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WebMoney portal. v. t. e. The Income Tax Department (also referred to as IT Department or ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT). WebMay 8, 2003 · Section 199 provides that any deduction made in accordance with the provisions of Sections 192 to 194 and other sections mentioned therein and paid to the Central Government shall be treated as payment of tax on behalf of the person from whose income the deduction was made and credit shall be given to him for the amount so … WebIncome Tax Return Filing Services, in Pan India, Company ₹ 5,000 / Service Dwadashangi Advisory LLP Contact Supplier 1-2 Working Days 4-5 Working Days GST Registration … list of federal healthcare laws