Over 6.2 cr ITRs, 21 lakh major Tax Audit Reports filed on new e-filing portal
New Delhi/IBNS: More than 6.2 crore Income Tax Returns (ITRs) and about 21 lakh major Tax Audit Reports (TARs) have been filed on the new e-Filing portal of the Income Tax Department till Thursday (February 10), the Ministry of Finance said on Friday.
Budget provided maximum relief to taxpayers: CBDT Chairman
New Delhi/UNI: The focus of the Budget has been to provide maximum relief to the taxpayers by making significant changes in the income tax processes, Central Board of Direct Taxes (CBDT) Chairman JB Mohapatra said here on Wednesday
CBDT issues Rs 1.54 lakh cr in refunds to income taxpayers
New Delhi/IBNS: The income tax department on Thursday said it has issued refunds of over Rs 1.54 lakh crore to more than 1.59 crore taxpayers so far this fiscal.
5.89 crore Income Tax Returns filed on new e-filing portal: Government
New Delhi: Nearly 5.89 crore Income Tax Returns (ITRs) have been filed on the new e-filing portal of the Income Tax Department as on Dec 31, the extended due date, as per government data released on Saturday.
No extension of ITR filing deadline: Revenue Secretary Tarun Bajaj
New Delhi/IBNS: The government has no plan to extend the deadline for ITR filing and the filing process is going on smoothly, Revenue Secretary, Revenue Secretary Tarun Bajaj said Friday in a press conference.
Over 4.67 crore Income Tax Returns filed till Dec 27, 15.49 lakh ITRs on Dec 27 alone
New Delhi/IBNS: Over 4.67 crore Income Tax Returns have been filed, including 15.49 lakh ITRs were filed on December 27 alone, the Income Tax Department said Tuesday.
Income Tax Department conducts searches in West Bengal
Kolkata: The Income Tax Department carried out search and seizure operation on 16.12.2021 on two prominent Asansol based groups, engaged in business of iron and steel products, infrastructure, cement, poly fabs, agro-tech & food processing, among others.
IT Dept raids company engaged in dairy sector in Pune, detects unaccounted income of Rs 400 cr
Pune/IBNS: The Income Tax Department initiated search and seizure operations on a leading group of Pune, engaged in dairy farming and milk products add seized unaccounted cash and unexplained jewellery of about Rs 2.50 crore.
IT Dept raids real estate group in Mumbai, seizes Rs 100 cr in cash
Mumbai/IBNS: The Income Tax Department initiated search and seizure operations on a real estate group, engaged in the construction of residential and commercial projects, in Mumbai and Navi Mumbai Region.
IT raids on Gujarat Gutkha distributor detect Rs 100 cr unaccounted income
New Delhi/IBNS: The Income Tax department has detected unaccounted income of more than Rs 100 crore during a series of raids at the properties of a leading Gutkha distributor in Ahmedabad, the Finance Ministry said in a statement.
Centre extends deadline for filing income tax returns to Dec 31
New Delhi/IBNS: The deadline for filing the returns of income tax has been extended till December 31, the Centre informed on Thursday.
Income tax portal glitches impacting taxpayers adversely: Nirmala Sitharaman to Infosys
New Delhi/IBNS: Finance Minister Nirmala Sitharaman has expressed her disappointment over the glitches in the new Income-Tax portal at a meeting with Infosys officials.
Amid Covid pandemic, deadline for filing income tax returns extended till Sept 30
New Delhi/IBNS: As the country is raving under the heat of the second wave of Coronavirus, the Centre on Thursday extended the due date of filing income tax returns (ITR) for the financial year 2020-21 by two months till Sept 30 to give relief to taxpayers.
New Delhi/IBNS: Amid the pandemic and riding on the call for a self-reliant (Atmanirbhar) India, Union Finance Minister Nirmala Sitharaman presented a budget with substantial focus on healthcare and vaccine, while exempting pensioners above 75 years from filing Income Tax, keeping the personal IT unchanged and announcing infrastructural funds for poll-bound states Tamil Nadu, West Bengal, Kerala and Assam.
Income Tax department raided various locations in Assam, Rs 7.54 crore seized
Guwahati: The Income Tax Department carried out search and survey action in the cases of renowned Doctors/Medical professionals of Assam led to the recovery of Rs 7.54 crore.