The figures of Direct Tax collections for the Financial Year 2021-22, as on 16.03.2022 show that net collections are at Rs. 13,63,038.3 crore compared to Rs. 9,18,430.5 crore over the corresponding period of the preceding financial year i.e FY 2020-21
Income Tax Department carried out a search operation on 08.03.2022 on a cable operator of Mumbai, a State Govt employee and the businesses related to him
Circular No. 4/2022: Deduction of Tax at Source - Income-tax Deduction from Salaries under section 192 of the Income-tax Act, 1961
CBDT issues refunds of over Rs. 1,92,119 crore to more than 2.24 crore taxpayers from 1st April 2021 to 15th March 2022.
More than 6.63 crore Income Tax Returns (ITRs) and 99.27 lakh statutory forms filed on the new e-filing portal of the Income Tax Department
The Income Tax Department issued an update regarding the facility to file IT forms 10AB, 10IG, 10IH and 5C after login under e-file -> Income Tax Forms -> File Income Tax Forms.
CBDT issues refunds of over Rs. 1,86,677 crore to more than 2.14 crore taxpayers from 1st April 2021 to 07th March 2022.
The Income Tax Department conducted search & seizure operations on a multinational group, engaged in distribution of telecom products and providing captive software development services, on 15.02.2022.
The Income Tax Department carried out search and seizure operations on 25.02.2022 on certain contractors executing contracts of Brihanmumbai Municipal Corporation (BMC), a prominent person and their close associates. I
CBDT issues refunds of over Rs. 1,83,579 crore to more than 2.09 crore taxpayers from 1st Apr,2021 to 28th Feb,2022.
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