Income Tax News

IT Department Uncovers Rs 700 Crore Unaccounted Transactions in Surat Real Estate Scandal

18 December 2023 at 07:45

Directorate of Investigations of the Income Tax (I-T) department in Surat has unraveled unaccounted business transactions amounting to Rs 700 crore during searches conducted on the premises of two real estate firms.

Posted in Income Tax | 3015 Views

Net Direct Tax Collection Hits Rs 10.64 Lakh Crore, Surges to 58.34% of Budget Estimates in Apr-Nov

16 December 2023 at 08:59

India's Robust Fiscal Performance: Direct Tax Collection Surges to 58.34% of Budget Estimates

Posted in Income Tax | 2901 Views

IT Raids Target Businessmen and Former TMC MLA Under Scrutiny for Alleged Tax Evasion

15 December 2023 at 09:00

Income Tax Raids Uncover Alleged Tax Non-Payment by Prominent West Bengal Businessmen, Former TMC MLA under Scrutiny

Posted in Income Tax | 2028 Views

Survey Reveals 63% of Taxpayers Still Prefer Old Tax Regime

12 December 2023 at 08:50

Survey Reveals Tax Regime Preferences Among Indians, Unveiling Gender Disparities and Investment Trends

Posted in Income Tax | 2157 Views

Income Tax Authorities Affirm Commitment to Prioritize Grievance Redressal for Taxpayers

11 December 2023 at 08:52

Income Tax Officials Prioritize Grievance Redressal, Urge Timely Tax Payments for Societal Development

Posted in Income Tax | 1824 Views

Income Tax Raids Uncover Over Rs 200 Crore in Jharkhand and Odisha

09 December 2023 at 14:48

Massive Tax Raids Unearth Over Rs 200 Crore, Cash Seized from Congress Leader Dheeraj Sahu's Premises in Odisha and Jharkhand

Posted in Income Tax | 2850 Views

IT Department Introduces User-Friendly Calculator for AY 2024-25 for Seamless Comparison of Tax Liabilities in Old and New Regime

08 December 2023 at 09:05

Income Tax Department Unveils User-Friendly Tax Calculator for AY 2024-25, Streamlining Regime Comparison

Posted in Income Tax | 9999 Views

IT Department Urges Accurate ITR Filing, Cautions Against Wrongful Deductions

08 December 2023 at 09:04

Income Tax Department Issues Vital Reminder: Caution Urged Against Erroneous Deductions in Returns

Posted in Income Tax | 5559 Views

AIS Utility Now Available for Mac OS Users on Income Tax Portal

06 December 2023 at 09:00

CBDT Enhances User Experience: Annual Information Statement Utility Now Available for Mac OS Users on Income Tax Portal

Posted in Income Tax | 4944 Views

CBDT Extends Deadline to Process Refund Claimed ITRs for AYs 2018-19 to 2020-21 till 31st January 2024

06 December 2023 at 08:59

CBDT issued Order vide F. No.225/132/2023/ITA-II dated December 01, 2023, regarding the processing of income tax returns validly filed electronically with refund claims u/s 143(1)

Posted in Income Tax | 12462 Views