Income Tax News


Income Tax e-Filing Helpline Numbers

   02 January 2018 at 11:10

Helpdesk Contact Details Purpose Helpdesk Helpdesk Number Working Hours General Queries related to Income Tax Aaykar Sampark Kendra (ASK) 1800 180 1961 (or) 1961 08:00 hrs - 20:00 hrs

Posted in Income Tax |   5097 Views


Increase in number of tax payers post demonetization

   23 December 2017 at 11:05

During the period from November 2016 to March 2017, the Income-tax Department (ITD) conducted searches on around 900 groups, wherein undisclosed income of over Rs. 7,900 crores was admitted. During the same period, more than 8200 surveys were conduct

Posted in Income Tax |   3282 Views


CAG report on Direct taxes

   22 December 2017 at 12:01

HighlightsThe Comptroller and Auditor General of India conducts the audit of receipts of the Union Government under section 16 of the Comptroller Auditor General of India (Duties, Powers and Conditions of Service) Act, 1971. This Report primarily dis

Posted in Income Tax |   4977 Views


Release of Income Tax Return Statistics for AY 2015-16 by CBDT

   21 December 2017 at 10:54

In continuation of its efforts to place more and more information in public domain, the Central Board of Direct Taxes(CBDT) has released data relating to distribution of income and tax payable in respect of returns filed for the Assessment Year 2015-

Posted in Income Tax |   3432 Views


Measures taken by Government to Control and curb Parallel Economy

   20 December 2017 at 12:46

Measures taken by Government to Control and Curb Parallel Economy and Unaccounted Transactions The Government has taken several measures to effectively control and curb the prevalence of parallel economy and unaccounted transactions. Major steps in t

Posted in Income Tax |   3633 Views


Bank suggest to raise TDS limit on interest from Rs 10000

   18 December 2017 at 10:56

The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley holds his 7th Pre-Budget Consultation Meeting with the representatives of the Banks and Financial Institutions (FIs) in national capital today; FM: In order to strengthen the bank

Posted in Income Tax |   4263 Views


Extension of deadline to 31st March for Aadhaar Submission to banks

   14 December 2017 at 11:00

Extension of deadline till 31.3.18 for submission of Aadhaar number, and Permanent Account Number or Form 60 by client to the reporting entityAfter considering various representations received and inputs received from Banks, it has been decided to no

Posted in Income Tax |   2571 Views


ICAI Pre-budget Memoranda 2018

   12 December 2017 at 11:14

Direct Taxes and International Tax Indirect Taxes

Posted in Income Tax |   3825 Views


DRI recovers Rs 50 cr of demonetised currency

   11 December 2017 at 11:08

DRI Strikes Against Black Money - Recovers about Rs.50 Crores of Demonetized Currency 

Posted in Income Tax |   2034 Views


Direct tax collection grows by 14.4% upto November

   11 December 2017 at 11:07

Direct Tax Collections for Financial Year 2017-18 show Growth of 14.4% upto November, 2017 The provisional figures of Direct Tax collections up to November, 2017 show that net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net c

Posted in Income Tax |   1674 Views



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