CBDT Refunds Rs 1.54 Lakh Crores to 1.59 Crores Taxpayers
The Central Board of Direct Taxes (CBDT) has issued more than Rs 1,54,302 Crores to over 1.59 crore taxpayers from April 1 to January 10,...
Tag : income tax department
IT Department Founds Rs 500 Crore Transactions After Raids in Gujarat
Transactions of over Rs 500 crore have been detected after the Income Tax Department raided a Gujarat-based who manufactures stainless steel and metal pipes, the...
FM Sitharaman to Visit Mumbai For 2-Day From Today
Union Finance Minister Nirmala Sitharaman will be visiting Mumbai for two days from 24 to meet key stakeholders. She will be meeting with officials of...
Rs 100 Crore Benami Assets of J&K Bizmen Found
The income tax department carried out a search on the premises of the promoters of a private multi-specialty hospital in Srinagar and claimed to have unearthed details...
IT Refunds Worth Rs 1.45 Lakh Crore Issued to 89 Lakh Taxpayers
The Finance Ministry on Friday said the Income Tax Department has issued refunds worth Rs 1.45 lakh crore to about 89 lakh taxpayers so far this...
Relief for Vodafone Idea! SC Directs for Tax Refunds
In a relief to Vodafone Idea, the Supreme Court on Wednesday directed the Income-Tax department to refund the telecom company Rs 833 crore, pending for the...
IT Dept Identifies Over 58K Cases Under E-Assessment Plan
The income tax department has newly launched e-assessment scheme, which seeks to end the physical interface between the assessee and tax officials. Revenue secretary Ajay...
ITR Deadline Extension Notification Fake: IT Department
The Income Tax department has issued a clarification that a copy of the notification, being circulated on social media, pertaining to the extension of income tax...
Income Tax Department Disproves Harassment Allegations
The Income Tax department has refuted allegations made by industry leaders Kiran Mazumdar-Shaw and Mohandas Pai of taxmen harassing businesses, a criticism that has become...
Income Tax Department Changes PAN Card Rules
The Income Tax department has changed PAN card rules, with effect from 5 December in order to prevent tax evasion by making it mandatory for...
