After clocking steep growth rates over the last few years (an average of 25% in the three years to FY18), the number of taxpayers filing income-tax e-returns saw a marginal contraction in FY19. In FY19, only 6.68 crore returns were filed online, 1% l
ITR 1, 2 & 4 for AY 2019-20 is now available for e-Filing. Other ITRs will be available shortly. The Forms can be downloaded as mentioned below: Form Description Software Form 1 (Equalisation levy) Statement of Specified Servic
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 25th April, 2019Income Tax Department continues search action in J&K RegionIncome Tax Department conducted search and seizure operations at 5 loca
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 12th April, 2019G.S.R. 304(E).—In exercise of powers conferred by sections 200 and 203 read with section 295 of the Incometax Act, 1961 (43 of 1
The Income Tax Department will initiate recovery of tax along with penalty from approximately 65,000 assessees who deposited Rs.10 lakh or more in their bank account during demonetisation, but did not file return for the assessment year 2017-18 (fina
The all new ITRs - ITR-1 and ITR-4 are now available to file the online return for the FY 2018-19. The last date to file the return is 31st July 2019. Other returns will also be made live shortly.These ITRs are applicable for,ITR- 1Applicable for: I
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 8th April, 2019Brief highlights of the recent searches in NCR, Bhopal, Indore and GoaBased upon credible information of large scale collection, posses
F No 370142/17/2018 -IPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Circular No.7/2019New Delhi, April 8, 2019 Order under section 119 of the Income-tax Act, 1961 Vide Notification in GSR 1217 (E) date
Circular No. 97/16/2019-GSTF. No. CBEC-20/16/04/2018 � GST (Pt. I)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing****New Delhi, Dated the 5th April 2019To,The Principal Chief
New ITR forms have been released by CBDT for the assessment year 2019-20. They will have come into force from 1st April 2019.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India