CBDT issues refunds of over Rs. 1,67,048 crore to more than 1.87 crore taxpayers from 1st April 2021 to 7th February, 2022
As on 24-01-2022, the total number of Permanent Account Numbers (PANs) linked with Aadhaar is 43,34,75,209. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha today.
Around 6.17 crore Income Tax Returns (ITRs) and about 19 lakh major Tax Audit Reports(TARs) have been filed on the new e-Filing portal of the Income Tax Department as on 6th February, 2022.
This is to state that Firm Registration Number (FRN) will be a compulsory field for generating UDIN from 12.00 am of 1st February 2022.
The CBDT has extended the last date for updating UDINs for all the IT forms at the e-filing portal to 30th April, 2022.
CBDT issues refunds of over Rs. 1,62,448 crore to more than 1.79 crore taxpayers from 1st Apr, 2021 to 24th Jan,2022.
In exercise of the powers conferred by clause (46) of section 10 of the IT Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, National Skill Development Corporation
CBDT issued Guidelines on Income Tax Exemption for Unit Linked Insurance Policies (ULIP) Receipts under Section 10(10D) vide a Circular 2/2022 dated 19/01/2022.
E-advance Rulings Scheme, 2022 notified by CBDT
CBDT issues refunds of over Rs. 1,59,192 crore to more than 1.74 crore taxpayers from 1st April 2021 to 17th January, 2022.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India