CBDT refunds over ₹70,120 cr between 1st April to 6th September
In a tweet, Income tax India said, the Income-tax refunds of ₹16,753 crore have been issued in 24,70,612 cases & corporate…
Category: Income Tax News
Income Tax Department conducts searches in Punjab and Haryana
The Income Tax Department conducted search and seizure operations on 08.09.2021 on three prominent Commission agent groups based in Punjab,…
Top taxpayers may get room to exit faceless assessment scheme
Recast of scheme is being discussed to bring in more flexibility into the system The Centre is looking at modifying…
Income tax portal issues to be resolved soon, says FM Nirmala Sitharaman
With glitches still haunting the new income tax portal, Finance Minister Nirmala Sitharaman on Wednesday said she wished the Infosys-developed website did not have…
Many Income Tax portal issues addressed, some left: Infosys COO
Infosys COO UB Pravin Rao said many of the issues around the performance and stability of the income tax e-filing…
Technical glitches continue to bedevil modified income tax website
Technical glitches continue to bedevil the modified income tax website on the second day prompting finance minister Nirmala Sitharaman to…
Income Tax Department conducts searches in Mumbai
The Income Tax Department carried out searches on 17.03.2021 in the case of a prominent builder and developer group based…
Income tax raid at Taapsee Pannu, Anurag Kashyap, Vikas Bahl’s residences
Actress Taapsee Pannu, Filmmaker Anurag Kashyap face tax raids: The IT department is conducting searches on people related to Phantom…
Budget 2021 : Govt likely to leave tax slabs intact but some relief likely, says reports
In a dampener for the common man, reports suggest that the government is likely to keep income tax slabs in…
Budget 2021 : Expectations and impact on the automobile industry
The Budget 2020 offered limited benefits to the automotive industry and encouraged localisation. Soon after the announcement, the country was…
Income Tax Department conducts searches in Hyderabad
The Income Tax Department carried out a search and seizure action on 07.01.2021 based on investigation in income tax evasion…
E-portal for filing complaints regarding tax evasion/Benami Properties/Foreign Undisclosed Assets launched by CBDT
In a major development, Central Board of Direct Taxes ( CBDT ) has launched E-Portal for filing complaints regarding Tax…