News and Articles

Income Tax Department issues advisory to tax payers against phishing mail

Submitted by smita on Mon, 07/14/2014 - 23:18

New Delhi : Information has been received from several quarters that emails are being received by taxpayers claiming to be sent by the Income Tax Department asking the taxpayers to download file containing payable tax details. Such phishing mails are being sent from email addresses like "incometaxindia.gov.india@gmail.com".

Online business transactions are covered under Consumer Protection Act

Submitted by smita on Wed, 07/09/2014 - 01:25

New Delhi : Minister of State for Consumer Affairs, Food and Public Distribution, Raosaheb Patil Danve in a written reply to a question informed Lok Sabha that, all business transaction by consumers, whether online or otherwise, is covered under Consumer Protection Act, 1986 and complainants can approach various Consumer Fora i.e. District Consumer Forum, State Commission and National Commission for resolution of their grievances. However, there is no separate mechanism for addressing grievances relating to online business under the Consumer Protection Act, 1986.[PIB]

CAG has Constitutional Mandate to Audit Private Firms - Shashi Kant Sharma

Submitted by dhananjay on Tue, 05/13/2014 - 22:15

New Delhi: The recent ruling of the Honorable Supreme Court is a landmark one and has removed, once for all, the doubts on the constitutional mandate to audit private firms by the CAG so far as it relates to revenue sharing with the Government. Our long time stand, that an entity using public resources in its business and sharing revenue with the Government can be audited by the CAG, has been vindicated by the Honorable Supreme Court.