The figures of Direct Tax collections for the FY 2021-22, as on 16.12.2021 show that net collections are at Rs. 9,45,276.6 crore compared to Rs. 5,87,702.9 crore
The Central Board of Direct Taxes in exercise of the powers conferred by sub-sections (1) and (2) of section 135A of the Income Tax Act, 1961 has launched the e-Verification Scheme, 2021 via Notification No. S.O. 5187(E) on 13th December 2021.
As on 15th December, 2021, 3.59 crore Income Tax Returns(ITRs) have been filed on the new e-filing portal of the Department.
CBDT issues refunds of over Rs. 1,36,779 crore to more than 1.27 crore taxpayers from 1st Apr, 2021 to 13th December,2021.
CBDT issues refunds of over Rs. 1,32,381 crore to more than 1.19 crore taxpayers from 1st Apr, 2021 to 6th December, 2021.
The Income Tax Department initiated search action on 24.11.2021 on a taxpayer in Delhi who has created a beneficiary trust and an underlying company in low tax overseas jurisdiction.
More than 3 crore Income Tax Returns filed on new e-Filing portal of Income Tax Department; Taxpayers who are yet to file their ITRs for AY 2021-22 advised to file at the earliest
CBDT issues refunds of over Rs. 1,29,210 crore to more than 1.15 crore taxpayers from 1st April, 2021 to 29th November 2021.
The CBDT has extended the last date for updating UDINs for all the IT forms at the e-filing portal to 31st January, 2022.
The Income Tax Department's new Office Complex, the 'Pratyaksh Kar Bhawan', at Lucknow was inaugurated today i. e. 26.11.2021 by Chief Minister of Uttar Pradesh Shri Yogi Aditya Nath and Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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