Income Tax News
4,90,187 ITRs for AY 2020-21 have been filed on 26th December upto 5 PM
26 December 2020 at 19:35The 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.
Income Tax Department conducts searches in Guwahati
26 December 2020 at 17:15Overall, 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.
CBDT asks Yamuna Expressway Industrial Development Authority to not engage in any commercial activity
26 December 2020 at 10:44The Central Board of Direct Taxes has issued a notification asking Yamuna Expressway Industrial Development Authority to not engage in any commercial activity.
CBIC cautions taxpayers regarding Social Media Friends
26 December 2020 at 10:44The 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.
7,63,832 ITRs for AY 2020-21 have been filed on 25th December up to 9 PM
26 December 2020 at 10:22The 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.
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 19:33Income 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.
3.75 crore Income Tax Returns for AY 2020-21 filed till 21st Dec 2020
22 December 2020 at 13:28The 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.
QRMP Scheme - Escalating Growth of Taxpayers by Limiting Tax Compliance Burden
22 December 2020 at 10:27Know how the Quarterly Return Monthly Payment Scheme will escalate the growth of taxpayers by limiting the tax compliance burden, here.
Income Tax Department cautions taxpayers on a fake link that promises to give a refund
21 December 2020 at 18:05The Income Tax Department, via their official Twitter handle, cautioned the taxpayers of a fake link that has been circulating and is promising to give a refund.
Income Tax Department introduces "Jhatpat Processing" for ITR 1 and 4
21 December 2020 at 18:05The Income Tax Department has introduced "Jhatpat Processing" for easy filing and processing of ITRs. The process has started for ITR 1 and 4. Click the link below to file your return now!
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