Income Tax News

Over 6.2 crore ITRs, 21 lakh TARs filed on new e-filing portal

12 February 2022 at 08:38

More than 6.2 crore Income Tax Returns(ITRs) and about 21 lakh major Tax Audit Reports(TARs) filed on the new e-Filing portal of the Income Tax Department

Posted in Income Tax | 2925 Views

CBDT issues refunds to more than 1.87 crore taxpayers from 1st April 2021 to 7th February 2022

09 February 2022 at 17:15

CBDT issues refunds of over Rs. 1,67,048 crore to more than 1.87 crore taxpayers from 1st April 2021 to 7th February, 2022

Posted in Income Tax | 1554 Views

More than 43.34 crore PANs linked with Aadhaar till 24th January 2022

08 February 2022 at 08:59

As on 24-01-2022, the total number of Permanent Account Numbers (PANs) linked with Aadhaar is 43,34,75,209. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha today.

Posted in Income Tax | 4449 Views

IT Department: Around 6.17 crore ITRs & about 19 lakh major TARs filed on new e-Filing portal

07 February 2022 at 17:24

Around 6.17 crore Income Tax Returns (ITRs) and about 19 lakh major Tax Audit Reports(TARs) have been filed on the new e-Filing portal of the Income Tax Department as on 6th February, 2022.

Posted in Income Tax | 2940 Views

FRN will be compulsory field for UDIN generation from 12 AM of 1st February 2022

31 January 2022 at 16:50

This is to state that Firm Registration Number (FRN) will be a compulsory field for generating UDIN from 12.00 am of 1st February 2022.

Posted in Income Tax | 2265 Views

CBDT extends last date for updation of UDINs at e-filing Portal to 30th April 2022

31 January 2022 at 16:46

The CBDT has extended the last date for updating UDINs for all the IT forms at the e-filing portal to 30th April, 2022.

Posted in Income Tax | 7365 Views

CBDT issues refunds to more than 1.79 crore taxpayers from 1st April 2021 to 24th January 2022

27 January 2022 at 17:53

CBDT issues refunds of over Rs. 1,62,448 crore to more than 1.79 crore taxpayers from 1st Apr, 2021 to 24th Jan,2022.

Posted in Income Tax | 1128 Views

CBDT exempts income of the National Skill Development Corporation under Sec 10(46)

24 January 2022 at 08:34

In exercise of the powers conferred by clause (46) of section 10 of the IT Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, National Skill Development Corporation

Posted in Income Tax | 3864 Views

CBDT issued guidelines under clause (10D) Section 10 of IT Act, 1961

22 January 2022 at 08:46

CBDT issued Guidelines on Income Tax Exemption for Unit Linked Insurance Policies (ULIP) Receipts under Section 10(10D) vide a Circular 2/2022 dated 19/01/2022.

Posted in Income Tax | 8823 Views