Income Tax News


Extension of Income Tax Returns and Tax Audit Reports requested by ICAI

   28 December 2020 at 12:35

Extension of Income Tax Returns and Tax Audit Reports requested by ICAI

Posted in Income Tax  10 comments |   41817 Views


6,90,617 ITRs for AY 2020-21 filed on 27th December tweets ministry

   28 December 2020 at 10:12

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 27th December here.

Posted in Income Tax |   1893 Views


4,90,187 ITRs for AY 2020-21 have been filed on 26th December upto 5 PM

   26 December 2020 at 19:35

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 26th December here.

Posted in Income Tax |   3471 Views


Income Tax Department conducts searches in Guwahati

   26 December 2020 at 17:15

Overall, undisclosed income to the tune of approximately Rs. 100 crore has been unearthed so far during the Search and Survey operation. One locker has been found, which is yet to be operated.

Posted in Income Tax |   1821 Views


CBDT asks Yamuna Expressway Industrial Development Authority to not engage in any commercial activity

   26 December 2020 at 10:44

The Central Board of Direct Taxes has issued a notification asking Yamuna Expressway Industrial Development Authority to not engage in any commercial activity.

Posted in Income Tax |   2202 Views


CBIC cautions taxpayers regarding Social Media Friends

   26 December 2020 at 10:44

The Central Board of Indirect Taxes and Customs, via their Official Twitter Handle, has cautioned the taxpayers to beware of Social Media Friends and that the department never calls or send messages for paying duty in a personal bank account.

Posted in Income Tax |   2163 Views


7,63,832 ITRs for AY 2020-21 have been filed on 25th December up to 9 PM

   26 December 2020 at 10:22

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. The due date for filing Income Tax Return for AY 19-20 is 31st December 2020.

Posted in Income Tax |   2373 Views


CBDT issues refunds of over Rs. 1,50,863 crore to more than 1.18 crore taxpayers between 1st April 2020 to 20th December 2020

   23 December 2020 at 19:33

Income tax refunds of Rs. 47,608 crore have been issued in 1,16,07,299 cases & corporate tax refunds of Rs. 1,03,255 crore have been issued in 2,01,796 cases.

Posted in Income Tax |   1404 Views


3.75 crore Income Tax Returns for AY 2020-21 filed till 21st Dec 2020

   22 December 2020 at 13:28

The Central Board of Direct Taxes has notified that the total Income Tax Returns filed till 21st December 2020 for AY 2020-21, is 3.75 crores. Read the ITR-Wise break-up of the figure here.

Posted in Income Tax |   2649 Views


QRMP Scheme - Escalating Growth of Taxpayers by Limiting Tax Compliance Burden

   22 December 2020 at 10:27

Know how the Quarterly Return Monthly Payment Scheme will escalate the growth of taxpayers by limiting the tax compliance burden, here.

Posted in Income Tax |   4818 Views



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