Income Tax News

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 | 2274 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 | 1884 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 | 2916 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 | 10107 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 | 5595 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 | 5055 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 | 12528 Views

Gross direct tax may surpass Budget by over Rs 1 trillion

06 December 2023 at 08:53

India's Direct Tax Revenues Set to Outperform Expectations, Bolstering Fiscal Resilience in Post-Pandemic Era

Posted in Income Tax | 1737 Views

Senior IT Official Receives 6-Month Jail Term in 2016 Railway Ticket Checker Assault Case

05 December 2023 at 11:31

In a significant judicial development on November 28th, Rishi Kumar Madanprasad Singh, a senior officer of the Income Tax department, was convicted and sentenced to six months imprisonment

Posted in Income Tax | 5409 Views

IT Department Set to Challenge HC Ruling in Supreme Court Over Validity of Orders

05 December 2023 at 08:55

Income Tax Department Contemplates Supreme Court Appeal After Delhi HC Deems Assessments Without DIN Invalid

Posted in Income Tax | 4377 Views