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Income Tax News


More than 15.49 lakh ITRs filed in a single day as the due date of 31st Dec 2021 approaches

   28 December 2021 at 20:43

Over 4.67 crore Income Tax Returns(ITRs) have been filed on the new e-filing portal of the Income Tax Department as on 27th December, 2021.

Posted in Income Tax |   2016 Views


CBDT issues refunds to more than 1.45 crore taxpayers from 1st April to 27th December, 2021

   28 December 2021 at 15:25

CBDT issues refunds of over Rs. 1,49,297 crore to more than 1.45 crore taxpayers from 1st April, 2021 to 27th December, 2021.

Posted in Income Tax |   1338 Views


CBIC mandates Aadhaar Authentication for Registered Persons

   23 December 2021 at 08:42

The Central Government vide Notification No. 38/2021-CT dated 21.12.2021 has notified January 1, 2022 as the implementation date for Rule 10B of CGST Rules, 2017.

Posted in Income Tax |   1854 Views


CBDT issues refunds to more than 1.38 crore taxpayers from 1st April to 20th December 2021

   23 December 2021 at 08:41

CBDT issues refunds of over Rs. 1,44,328 crore to more than 1.38 crore taxpayers from 1st April 2021 to 20th December,2021.

Posted in Income Tax |   1152 Views


IT Department conducts Search Operations on over 30 premises in Uttar Pradesh and Karnataka

   22 December 2021 at 08:38

The Income Tax Department carried out search and seizure operation on 18.12.2021 on various persons and their business entities, engaged in the business of civil construction and real estate and running educational institutes in UP and Karnataka.

Posted in Income Tax |   1335 Views


Net Direct Tax collections for the F.Y. 2021-22 grown at robust pace at more than 60%

   18 December 2021 at 07:08

The figures of Direct Tax collections for the FY 2021-22, as on 16.12.2021 show that net collections are at Rs. 9,45,276.6 crore compared to Rs. 5,87,702.9 crore 

Posted in Income Tax |   1620 Views


CBDT launches the e-Verification Scheme, 2021

   17 December 2021 at 17:44

The Central Board of Direct Taxes in exercise of the powers conferred by sub-sections (1) and (2) of section 135A of the Income Tax Act, 1961 has launched the e-Verification Scheme, 2021 via Notification No. S.O. 5187(E) on 13th December 2021.

Posted in Income Tax |   5991 Views


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 |   3483 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 |   1371 Views



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