Income Tax News


IT Department conducts search operation on two business groups in Tamil Nadu

   29 July 2022 at 09:00

Income Tax Department carried out a search and seizure operation on 20.07.2022 on two business groups; one engaged in real estate, and the other in contracts related to road and railway construction.

Posted in Income Tax |   1893 Views


CBDT lays down procedure of PAN application & allotment through simplified proforma for incorporating LLPs electronically

   28 July 2022 at 08:42

Procedure of PAN application & allotment through Simplified Proforma for incorporating Limited Liability Partnerships (LLPs) electronically {Form: FiLLiP} of Ministry of Corporate Affairs. 

Posted in Income Tax |   3984 Views


CBDT observed 163rd anniversary of Income Tax

   25 July 2022 at 08:28

The 163rd anniversary of Income Tax Day was observed by Central Board of Direct Taxes (CBDT) and all its field offices across India today. As part of the celebrations, the field formations held a number of events and activities.

Posted in Income Tax |   3681 Views


Centre not considering extension of ITR filing deadline: Revenue Secretary

   23 July 2022 at 08:30

The government is not extending the last date for filing as it expects most returns to come in by the due date of July 31.

Posted in Income Tax |   3 comments |   5775 Views


CBDT releases E-Brochure for individual taxpayers

   22 July 2022 at 08:44

CBDT Issues E-Brochure "Everything about e-filing made easier"

Posted in Income Tax |   7407 Views


CBDT | Specifying Forms, returns to be furnished electronically

   19 July 2022 at 08:31

Specifying Forms, returns, statements, reports, orders, by whatever name called, prescribed in Appendix-ll to be furnished electronically under sub-rule (1) and sub-rule (2) of Rule 131 of the Income-tax Rules, 1962

Posted in Income Tax |   4134 Views


Kotak Mahindra Bank becomes first to integrate with new Income Tax portal

   18 July 2022 at 08:29

Kotak Mahindra Bank has completed technical integration with the new e-filing portal of the Income Tax department and has become the first private bank to fully integrate with the portal.

Posted in Income Tax |   7023 Views


IT Department conducts searches in Delhi and Mumbai

   16 July 2022 at 07:52

Income Tax Department carried out a search and seizure operation on 07.07.2022 on a Delhi and Mumbai based group, engaged in the business of hospitality, marble, lights trading and real estate.

Posted in Income Tax |   1689 Views


Application u/s 158AB to defer filing of appeal before Tribunal or jurisdictional High Court

   14 July 2022 at 08:44

CBDT on July 12, 2022 has issued the Income-tax (Twenty Second Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962. This has come into force on July 12, 2022.

Posted in Income Tax |   4128 Views


IT Department conducts searches on a Pharmaceutical Group in Bengaluru

   14 July 2022 at 08:44

Income Tax Department carried out search and seizure operations on 06.07.2022 on a major Bengaluru-based pharmaceutical group, engaged in the business of manufacturing and marketing of pharmaceutical products and Active Pharmaceutical Ingredients (API).

Posted in Income Tax |   1629 Views



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