Income Tax News


CBDT notifies Faceless Jurisdiction of Income Tax Authorities Scheme, 2022

   31 March 2022 at 09:05

Faceless Jurisdiction of Income Tax Authorities Scheme, 2022

Posted in Income Tax |   4614 Views


CBDT amends Income-tax Rules, 1962 for prescribing fees u/s 234H of IT Act, 1961

   31 March 2022 at 09:05

Amendment to the provisions of Income-tax Rules, 1962 for prescribing fees under section 234H of the Income-tax Act, 1961

Posted in Income Tax |   6942 Views


CBDT notifies e-Assessment of Income Escaping Assessment Scheme, 2022

   31 March 2022 at 09:05

e-Assessment of Income Escaping Assessment Scheme, 2022

Posted in Income Tax |   4854 Views


IT Department conducts searches on a popular chain of educational institutes in Maharashtra

   25 March 2022 at 08:36

The Income Tax Department carried out a search and seizure operation on 14.03.2022 on a popular chain of educational institutes, running several schools and colleges at multiple locations in India and abroad.

Posted in Income Tax  1 comments |   6786 Views


CBDT issues refunds to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022

   24 March 2022 at 12:31

CBDT issues refunds of over Rs. 1,93,720 crore to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022.

Posted in Income Tax  1 comments |   1467 Views


Assets worth Rs 19,111.20 crore of Vijay Mallya, Nirav Modi and Mehul Choksi seized

   23 March 2022 at 08:57

Cases pertaining to Vijay Mallya, Nirav Modi and Mehul Choksi who have defrauded Public Sector banks by siphoning off the funds through their companies which resulted in total loss of Rs. 22,585.83 crore to the public sector banks.

Posted in Income Tax |   8781 Views


IT Department conducts searches in a prominent Real Estate Group of North India

   22 March 2022 at 16:36

Income Tax Department conducts searches in a prominent Real Estate Group of North India

Posted in Income Tax |   3690 Views


IT Department conducts searches on a Pune & Thane based unicorn start-up group

   21 March 2022 at 08:39

Income Tax Department conducted a Search & Seizure operation on a Pune & Thane based unicorn start-up group, primarily engaged in the business of wholesale and retail of construction material

Posted in Income Tax |   4464 Views


CBDT condones delay in filing of Form 10-IC for AY 2020-21

   18 March 2022 at 07:50

Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form 10-IC for Assessment Year 2020-21

Posted in Income Tax |   5850 Views


CBDT provides relaxation from the requirement of electronic filing of application in Form No.3CF

   18 March 2022 at 07:50

Relaxation from the requirement of electronic filing of application in Form No.3CF for seeking approval under section 35(1)(ii)/(iia)/(iii) of the Income-tax Act,1961 (the Act)

Posted in Income Tax |   4110 Views



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