Income Tax News

3.59 crore ITRs filed on the new e-filing portal of the IT Department

16 December 2021 at 20:00

As on 15th December, 2021, 3.59 crore Income Tax Returns(ITRs) have been filed on the new e-filing portal of the Department.

Posted in Income Tax | 3474 Views

CBDT issues refunds to more than 1.27 crore taxpayers from 1st April to 13th December 2021

15 December 2021 at 16:35

CBDT issues refunds of over Rs. 1,36,779 crore to more than 1.27 crore taxpayers from 1st Apr, 2021 to 13th December,2021.

Posted in Income Tax | 1074 Views

CBDT issues refunds to more than 1.19 crore taxpayers from 1st April to 6th December, 2021

09 December 2021 at 12:15

CBDT issues refunds of over Rs. 1,32,381 crore to more than 1.19 crore taxpayers from 1st Apr, 2021 to 6th December, 2021.

Posted in Income Tax | 1368 Views

IT Department conducts search operations on a taxpayer in Delhi

06 December 2021 at 12:13

The Income Tax Department initiated search action on 24.11.2021 on a taxpayer in Delhi who has created a beneficiary trust and an underlying company in low tax overseas jurisdiction.

Posted in Income Tax | 5238 Views

Over 3 crore ITRs filed on the new e-Filing portal of Income Tax Department

05 December 2021 at 16:44

More than 3 crore Income Tax Returns filed on new e-Filing portal of Income Tax Department; Taxpayers who are yet to file their ITRs for AY 2021-22 advised to file at the earliest

Posted in Income Tax | 6057 Views

CBDT issues refunds to more than 1.15 crore taxpayers from 1st April to 29th November, 2021

02 December 2021 at 09:07

CBDT issues refunds of over Rs. 1,29,210 crore to more than 1.15 crore taxpayers from 1st April, 2021 to 29th November 2021.

Posted in Income Tax | 1257 Views

CBDT extends the last date for updating UDINs till 31st January, 2022

30 November 2021 at 17:53

The CBDT has extended the last date for updating UDINs for all the IT forms at the e-filing portal to 31st January, 2022.

Posted in Income Tax | 10290 Views

FM Nirmala Sitharaman and CM Yogi Inaugurate IT Departments Office Complex, 'Pratyaksh Kar Bhawan', at Lucknow

27 November 2021 at 08:43

The Income Tax Department's new Office Complex, the 'Pratyaksh Kar Bhawan', at Lucknow was inaugurated today i. e. 26.11.2021 by Chief Minister of Uttar Pradesh Shri Yogi Aditya Nath and Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman

Posted in Income Tax | 1461 Views

Unaccounted income worth Rs 66 lakh unearthed by IT Department during raids in Maharashtra, Gujarat, Delhi

26 November 2021 at 08:40

Income Tax Department conducts search operations in Maharashtra, Gujarat and Delhi on certain Indian companies and their associate concerns, controlled by a neighbouring country

Posted in Income Tax | 1485 Views

CBDT lays out guidelines for Sections 194O, 194Q & 206C to remove taxpayer difficulties

26 November 2021 at 08:40

Guidelines under sub-section (4) of section 194-0, sub-section (3) of section 194Q and sub-section (1-1) of section 206C of the Income-tax Act, 1961

Posted in Income Tax | 12348 Views