Income Tax News
IT Dept Detects Rs 100 crore Black Income After Raids on Gujarat Gutka Distributor
24 November 2021 at 08:59The Income Tax Department carried out search and seizure operations on a leading Gutkha distributor of Gujarat on 16.11.2021.
CBDT issues refunds to more than 1.02 crore taxpayers from 1st April to 15th Nov 2021
18 November 2021 at 14:00CBDT issues refunds of over Rs. 1,19,093 crore to more than 1.02 crore taxpayers from 1st April,2021 to 15th November, 2021. Income tax refunds of Rs. 38,034 crore have been issued in 1,00,42,619 cases & corporate tax refunds of Rs. 81,059 crore
IT Department sets Taxpayers' Lounge to aware taxpayers about various services provided to them
15 November 2021 at 08:24A Taxpayers' Lounge has been set up by the Income Tax Department in India International Trade Fair, 2021 at Pragati Maidan, New Delhi from 14th - 27th November 2021
CBDT issues refunds to more than 98.90 lakh taxpayers from 1st April to 8th November 2021
11 November 2021 at 08:35CBDT issues refunds of over Rs. 1,15,917 crore to more than 98.90 lakh taxpayers from 1st April,2021 to 8th November, 2021.
CBDT issues refunds to more than 91.30 lakh taxpayers from 1st April to 1st November 2021
05 November 2021 at 08:42Income tax refunds of Rs. 33,548 crore have been issued in 89,53,923 cases &corporate tax refunds of Rs. 78,942 crore have been issued in 1,75,692 cases.
IT Department rolls out a new Annual Information Statement (AIS) on the Compliance Portal
02 November 2021 at 08:35The new AIS can be accessed by clicking on the link "Annual Information Statement (AIS)" on the new Income tax Portal. The display of Form 26AS on TRACES portal will also continue in parallel till the new AIS is validated and completely operational.
More than 2.25 crore ITRs for AY 2021-22 filed on Income Tax e-filing portal till 28th Oct 2021
30 October 2021 at 12:17Over 55% of these ITRs have been prepared using the online form available & filed on the new portal. More than 1.95 crore ITRs for AY 2021-22 have been e-verified till 28th October 2021. Out of this, 86% were verified using Aadhaar OTP.
CBDT issues refunds to more than 77.92 lakh taxpayers from 1st April to 25th October 2021
27 October 2021 at 14:03Income tax refunds of Rs. 27,965 crore have been issued in 76,21,956 cases & corporate tax refunds of Rs. 74,987 crore have been issued in 1,70,424 cases. This includes 46.09 lakh refunds of AY 2021-22.
CBDT issues refunds to more than 63.23 lakh taxpayers from 1st April to 18th October 2021
22 October 2021 at 08:33CBDT issues refunds of over Rs. 92,961 crore to more than 63.23 lakh taxpayers from 1st April, 2021 to 18th October, 2021.
Over 2 crore ITRs filed on the New IT Portal amid Reporting of Technical Glitches
15 October 2021 at 09:16More than 2 crore ITRs for AY 2021-22 have been filed on the portal, of which ITRs 1 & 4 constitute 86%. It is encouraging to note that more than 1.70 crore returns have been e-verified, out of which 1.49 crore are through Aadhaar based OTP.
Popular News
- GST Rate Changes from 1st Nov 2026: Check New ITC and RCM Rules
- PM Modi's Rs 12 Lakh Tax Relief Remark Sparks Debate Over Taxpayers' Rights
- CBDT Clarifies Tax Treatment of BSNL and MTNL VRS-2019 Compensation Under Section 10(10C)
- GST Portal e-Invoice Services to Remain Temporarily Unavailable on 31st Oct and 1st Nov 2026
- CGST Rules 2026 Amended: E-Invoicing Scope Expanded from 1st January 2027
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
