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Sonu Sood is being investigated for tax evasion.

Sonu Sood says even taxmen were impressed with his paperwork, said he did ‘good’

UPDATED ON SEP 20, 2021 07:11 PM IST
  • Actor Sonu Sood, who is being investigated for tax evasion, has said that even tax officials who performed the raids agreed that he'd done ‘good work’.
According to the CBDT, Sonu Sood’s organisation has collected donations worth <span class='webrupee'>₹</span>18.94 crore since April 1, 2021 (ANI)
According to the CBDT, Sonu Sood’s organisation has collected donations worth 18.94 crore since April 1, 2021 (ANI)

Sonu Sood, under scrutiny for tax evasion, breaks silence

PUBLISHED ON SEP 20, 2021 10:44 AM IST
  • Actor Sonu Sood has broken his silence amid the ongoing investigations into his finances. He said that he has returned to serve the people of India and that ‘time’ will help him tell his side of the story.
Income Tax Department to launch new e-filing portal today (Representative Image)
Income Tax Department to launch new e-filing portal today (Representative Image)

Income Tax Department to launch new e-filing portal today

By hindustantimes.com | Written by Karan Manral | Edited by Amit Chaturvedi, New Delhi
PUBLISHED ON JUN 07, 2021 08:00 AM IST
Once launched, the portal will go live at www.incometax.gov.in. The CBDT said in a press release that the platform will provide a ‘modern, seamless’ experience to taxpayers.
The income tax department office is seen in this file photo in Delhi.
The income tax department office is seen in this file photo in Delhi.

CBDT extends last date to file ITR to September 30 due to Covid-19

By hindustantimes.com | Written by Karan Manral, New Delhi
UPDATED ON MAY 20, 2021 08:12 PM IST
Before Thursday’s announcement, the deadline to file income tax returns (ITR) was May 31. The CBDT announced extension of 13 other deadlines as well.
Also, the due date for filing objections to Dispute Resolution Panel (DRP) and filing appeals to the commissioner has been extended till May 31.(Getty Images for representation)
Also, the due date for filing objections to Dispute Resolution Panel (DRP) and filing appeals to the commissioner has been extended till May 31.(Getty Images for representation)

Govt extends timelines for tax compliance, ITR for FY20 can be filed till May 31

PTI | , New Delhi
PUBLISHED ON MAY 01, 2021 07:55 PM IST
The Central Board of Direct Taxes (CBDT) said it had received representations from various stakeholders for relaxation on compliance requirements.
The deadline for filing of declaration under the Vivad se Vishwas scheme was extended till March 31 by the Central Board of Direct Taxes (CBDT) in February.(HT file photo for representation)
The deadline for filing of declaration under the Vivad se Vishwas scheme was extended till March 31 by the Central Board of Direct Taxes (CBDT) in February.(HT file photo for representation)

Govt extends deadline for making payment under Vivad se Vishwas scheme to June

By hindustantimes.com | Edited by Deepali Sharma, Hindustan Times, New Delhi
UPDATED ON APR 24, 2021 10:55 PM IST
Considering requests from taxpayers, tax consultants and several other stakeholders, the Union ministry of finance deferred the payment date under Direct Tax Vivad se Vishwas Act, 2020 to June 30.
SBI has stopped recovering charges in such accounts on all digital transactions w.e.f. 15.09.2020, while retaining charges on cash withdrawals over and above four free withdrawals allowed per month.(File photo)
SBI has stopped recovering charges in such accounts on all digital transactions w.e.f. 15.09.2020, while retaining charges on cash withdrawals over and above four free withdrawals allowed per month.(File photo)

SBI clarifies on excessive charges on transactions in zero-balance accounts

By hindustantimes.com | Written by Arpan Rai | Edited by Avik Roy, New Delhi
UPDATED ON APR 15, 2021 06:51 PM IST
Reacting to a study by IIT Bombay claimed that SBI and several other banks have been imposing excessive charges on certain services provided to those with zero-balance accounts, the PSU cited a 2012 RBI decision which allowed banks to levy charges at their will on BSBD accounts
The Central Board of Direct Taxes (CBDT), that frames policy for the tax department, meanwhile, said it was fully prepared to check and monitor the role of money in influencing voters.(MINT File photo )
The Central Board of Direct Taxes (CBDT), that frames policy for the tax department, meanwhile, said it was fully prepared to check and monitor the role of money in influencing voters.(MINT File photo )

Income Tax raids ceramic tiles magnate in Chennai

PTI | , New Delhi
UPDATED ON FEB 28, 2021 01:03 PM IST
The CBDT said in a statement that 8.30 crore cash was seized during the raids on the group engaged in the business of manufacture and sale of tiles and sanitaryware.
According to the Central Board of Direct Taxes chairman, the new provision, which will be applicable for contributions made from April 1, 2021, would not affect most provident fund subscribers.(Mint)
According to the Central Board of Direct Taxes chairman, the new provision, which will be applicable for contributions made from April 1, 2021, would not affect most provident fund subscribers.(Mint)

PF tax ceiling will be applicable to GPF as well: CBDT chairman

By Rajeev Jayaswal, New Delhi
PUBLISHED ON FEB 04, 2021 06:42 AM IST
Budget 2021-22 has rationalised tax-free income on provident fund contribution by high income earners by making the exemption on interest income earned on annual contribution to 2.5 lakh applicable to all provident funds, Mody said in an interview.
The original deadline for filing ITR for financial year 2019-20 was July 31, but it was extended because of Covid-19 pandemic.(HT Archive)
The original deadline for filing ITR for financial year 2019-20 was July 31, but it was extended because of Covid-19 pandemic.(HT Archive)

Deadline to file income tax returns extended by 10 days to January 10

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Poulomi Ghosh
UPDATED ON DEC 30, 2020 07:03 PM IST
This is the third time the deadline has been extended as taxpayers are facing challenges owing to Covid-19 pandemic.
Madhya Pradesh CM Shivraj Singh Chouhan addresses at Kisaan Sammelan in Ujjain.(ANI)
Madhya Pradesh CM Shivraj Singh Chouhan addresses at Kisaan Sammelan in Ujjain.(ANI)

MP govt cautious over EC order in probe against officers, ministers

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON DEC 22, 2020 12:59 AM IST
When asked by journalists about the findings of the report, chief minister Shivraj Singh Chouhan, said: “The law will take its own course and nobody will be spared.”
The taxman had raided 60 premises of the Tamil Nadu-based group in Chennai, Trichy (Tiruchirappalli), various locations in Andhra Pradesh, Karnataka and Mumbai on December 9.(Twitter/@IncomeTaxIndia)
The taxman had raided 60 premises of the Tamil Nadu-based group in Chennai, Trichy (Tiruchirappalli), various locations in Andhra Pradesh, Karnataka and Mumbai on December 9.(Twitter/@IncomeTaxIndia)

I-T Dept detects over Rs 700 crore tax evasion after raids against Chennai’s Chettinad Group

New Delhi | By Press Trust of India | Posted by Srivatsan K C
PUBLISHED ON DEC 15, 2020 05:34 PM IST
“The highlight of the search includes seizure of unaccounted cash of Rs 23 crore from various locations,” the CBDT said in a statement.
The Income Tax department has issued refunds worth over Rs 1.36 lakh crore to over 40 lakh taxpayers so far this fiscal.
The Income Tax department has issued refunds worth over Rs 1.36 lakh crore to over 40 lakh taxpayers so far this fiscal.

Income Tax refunds worth Rs 1.36 lakh cr issued to 40.19 lakh taxpayers

New Delhi | By Press Trust of India | Posted by Ayshee Bhaduri
PUBLISHED ON NOV 18, 2020 08:42 PM IST
This includes Personal income tax refunds amounting to Rs 35,750 crore and corporate tax refunds of over Rs 1 lakh crore during this period
Briefing the media regarding the inauguration, Justice Bhatt said that the ITAT Cuttack has been functioning from rented premises since 1970 for almost 50 years and has jurisdiction for appeals arising from the State of Odisha.(ANI)
Briefing the media regarding the inauguration, Justice Bhatt said that the ITAT Cuttack has been functioning from rented premises since 1970 for almost 50 years and has jurisdiction for appeals arising from the State of Odisha.(ANI)

PM Modi to inaugurate office-cum-residential complex of ITAT’s Cuttack bench on Nov 11

Hindustan Times, New Delhi | By hindustantimes.com| Edited by Susmita Pakrasi
PUBLISHED ON NOV 10, 2020 05:26 PM IST
While mentioning the performance of ITAT during the Covid-19 pandemic, ITAT President said that The ITAT has set up virtual court at all the benches across the country.
Finance secretary Ajay Bhushan Pandey.(HT file)
Finance secretary Ajay Bhushan Pandey.(HT file)

Centre extends deadline: Opt for tax dispute resolution scheme by Dec 31, pay by March 31 next year

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON OCT 28, 2020 08:58 AM IST
Those who opt for the scheme after December 31, or those who pay the declared amount after March 31 will have to pay an additional 10% of the amount, said a ministry official, requesting anonymity
The Central Board of Direct Taxes has extended the due date for filing of the ITR for the Assessment Year 2020-21 to 31-12-2020 for non-audit cases.
The Central Board of Direct Taxes has extended the due date for filing of the ITR for the Assessment Year 2020-21 to 31-12-2020 for non-audit cases.

Taxpayers may have to pay interests on outstanding income tax exceeding Rs 1 lakh

Hindustan Times, New Delhi | By Rajeev Jayaswal | Edited by Sparshita Saxena
UPDATED ON OCT 26, 2020 06:43 PM IST
The government on Saturday extended deadlines for furnishing various ITRs and audit reports as a relief to taxpayers from Covid-19 pandemic, but there is no clarification on the aspect of interest waiver.
A Chandigarh lawyer suspected to be receiving substantial amounts in cash from his clients to settle their disputes has been raided by the Income Tax Department.(Getty Images/iStockphoto)
A Chandigarh lawyer suspected to be receiving substantial amounts in cash from his clients to settle their disputes has been raided by the Income Tax Department.(Getty Images/iStockphoto)

I-T dept raids Chandigarh lawyer who allegedly took 217 crore from client

Press Trust of India | By Press Trust of India, New Delhi
UPDATED ON OCT 16, 2020 01:56 AM IST
Department raids 38 premises linked to the lawyer in Haryana, Delhi and the national capital region on Wednesday, Rs 5.5 crore seized
The technology-driven faceless assessment system also aims to end overreach by officials and the charter defines the rights and responsibilities of taxpayers.(Representational Photo)
The technology-driven faceless assessment system also aims to end overreach by officials and the charter defines the rights and responsibilities of taxpayers.(Representational Photo)

Faceless I-T appeals launched, to help resolve about 85% cases

Hindustan Times, New Delhi | By Rajeev Jaiswal
PUBLISHED ON SEP 25, 2020 05:02 PM IST
The new process will help in quick resolution of about 4.6 lakh appeals pending at various levels in the I-T department
CBDT said the faceless appeal will give great convenience to the taxpayer while ensuring just appeal orders and minimise litigations. It will also ensure greater transparency and accountability.(Pradeep Gaur/ Mint)
CBDT said the faceless appeal will give great convenience to the taxpayer while ensuring just appeal orders and minimise litigations. It will also ensure greater transparency and accountability.(Pradeep Gaur/ Mint)

CBDT launches faceless appeals, dispenses physical interface between taxpayer and govt

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Shankhyaneel Sarkar
PUBLISHED ON SEP 25, 2020 03:52 PM IST
CBDT said that now taxpayers can make submissions from the comfort of their homes as there will be no physical communication between them, their counsel and the income tax department.
The NCP and the Thackery’s Shiv Sena are alliance partners in the Maharashtra government.(Satish Bate/HT Photo)
The NCP and the Thackery’s Shiv Sena are alliance partners in the Maharashtra government.(Satish Bate/HT Photo)

EC: Didn’t ask CBDT to issue notice to Pawar

Hindustan Times, New Delhi/Mumbai | By Deeksha Bhardwaj and Faisal Malik, New Delhi/mumbai
PUBLISHED ON SEP 24, 2020 01:28 AM IST
The EC’s comments came after Pawar said that a tax notice had been served to him at the behest of the Commission, and that he had heard similar notices were sent to his daughter Supriya Sule, and Maharashta’s chief minister Uddhav Thackeray and his son Aaditya.
Pawar on Tuesday told reporters the income tax department has issued him a notice in connection with poll affidavits submitted to the EC over the last decade.(Satish Bate/HT photo)
Pawar on Tuesday told reporters the income tax department has issued him a notice in connection with poll affidavits submitted to the EC over the last decade.(Satish Bate/HT photo)

EC denies asking CBDT for IT notice to Pawar

Hindustan Times, New Delhi | By Deeksha Bhardwaj
PUBLISHED ON SEP 23, 2020 12:41 PM IST
Pawar said he has heard his daughter, Supriya Sule, was likely to get a similar notice soon and that such notices were also sent to chief minister Uddhav Thackeray and his son, Aaditya Thackeray
The government has emphasised on providing tax related services to taxpayers without any hassles during the Covid-19 pandemic, and accordingly has been clearing up pending tax refunds.
The government has emphasised on providing tax related services to taxpayers without any hassles during the Covid-19 pandemic, and accordingly has been clearing up pending tax refunds.

I-T Dept issues refunds worth Rs 1.01 lakh crore to 27.55 lakh taxpayers till September 8

New Delhi | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON SEP 09, 2020 06:05 PM IST
This include personal income tax (PIT) refunds amounting to Rs 30,768 crore issued to 25.83 lakh taxpayers and corporate tax refunds amounting to Rs 70,540 crore issued to over 1.71 lakh taxpayers during this period.
Department of Personnel and Training has also asked all the departments to maintain a register for conducting such review.(HT File Photo)
Department of Personnel and Training has also asked all the departments to maintain a register for conducting such review.(HT File Photo)

All you need to know about govt’s latest performance review order

Hindustan Times, New Delhi | By hindustantimes.com | Edited by: Amit Chaturvedi
UPDATED ON SEP 02, 2020 11:49 AM IST
The Centre has asked all its departments to review service records of employees who have completed 30 years in job to identify inefficient or corrupt staff and retire them prematurely in public interest.
Pramod Chandra Mody will continue as chairman of the Central Board of Direct Taxes (CBDT) .(Mint)
Pramod Chandra Mody will continue as chairman of the Central Board of Direct Taxes (CBDT) .(Mint)

CBDT chairman Pramod Mody gets extension, will be involved in Budget preparation

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON AUG 31, 2020 09:50 PM IST
Pramod Chandra Mody was due to relinquish office on Monday after ending the first one-year extension period.
The Central Board of Direct Taxes (CBDT) is the apex decision-making body in direct tax matters, administers personal income tax and corporate tax.
The Central Board of Direct Taxes (CBDT) is the apex decision-making body in direct tax matters, administers personal income tax and corporate tax.

Income Tax refunds worth Rs 88,652 crore issued to 24.64 lakh taxpayers so far this fiscal

New Delhi | By Press Trust of India| Posted by Susmita Pakrasi
PUBLISHED ON AUG 21, 2020 11:55 AM IST
This include personal income tax (PIT) refunds amounting to Rs 28,180 crore issued to over 23.05 lakh taxpayers and corporate tax refunds amounting to Rs 60,472 crore to over 1.58 lakh taxpayers during this period.
File photo: Pramod Chandra Mody, chairperson, Central Board of Direct Taxes ( CBDT ).(Priyanka Parashar/Mint)
File photo: Pramod Chandra Mody, chairperson, Central Board of Direct Taxes ( CBDT ).(Priyanka Parashar/Mint)

‘Faceless assessment system will not displace tax officials’: CBDT chairman

Hindustan Times, New Delhi | By Rajeev Jayaswal | Edited by Sparshita Saxena
UPDATED ON AUG 19, 2020 12:59 PM IST
CBDT chairman, through a virtual meeting with income-tax officials on Tuesday, dispelled doubts in the field formation that the faceless assessment will lead to a reduction in the workforce.
Finance minister Nirmala Sitharaman thanked the PM for agreeing to launch the platform.(REUTERS)
Finance minister Nirmala Sitharaman thanked the PM for agreeing to launch the platform.(REUTERS)

PM Modi to launch platform to honour honest taxpayers

Hindustan Times, New Delhi | By HT Correspondent
PUBLISHED ON AUG 13, 2020 06:07 AM IST
A finance ministry spokesperson said the government has been implementing a series of tax reforms since last year when it had drastically reduced the corporate tax rate for existing and companies taking a hit of Rs 1.45 lakh crore.
Officials familiar with the probe said the main suspect was identified as an individual identified as Charlie Peng, a Chinese national living on a fake Indian passport in Manipur for the past six years.(Pradeep Gaur/ Mint)
Officials familiar with the probe said the main suspect was identified as an individual identified as Charlie Peng, a Chinese national living on a fake Indian passport in Manipur for the past six years.(Pradeep Gaur/ Mint)

I-T dept raids Chinese firms for money laundering, hawala

Hindustan Times, New Delhi | By Neeraj Chauhan and Rajeev Jayaswal, New Delhi
UPDATED ON AUG 12, 2020 01:18 AM IST
Around half a dozen more of his associates, who were helping him in money laundering and hawala transactions, were also identified.
Experts said taxpayers need to be very careful because discrepancies in information or documents provided by them could attract scrutiny by multiple agencies.(Pradeep Gaur/Mint Archives)
Experts said taxpayers need to be very careful because discrepancies in information or documents provided by them could attract scrutiny by multiple agencies.(Pradeep Gaur/Mint Archives)

Not just tax officials, 4 intel, investigating agencies get access to your I-T records

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON JUL 24, 2020 06:19 AM IST
Experts said taxpayers need to be very careful because discrepancies in information or documents provided by them could attract scrutiny by multiple agencies.
Pramod Chandra Mody, chairman of Central Board of Direct Taxes ( CBDT), says now taxpayers have access to her/his data, hence chances of error in the returns are minimal. (Photo By Priyanka Parashar/Mint)
Pramod Chandra Mody, chairman of Central Board of Direct Taxes ( CBDT), says now taxpayers have access to her/his data, hence chances of error in the returns are minimal. (Photo By Priyanka Parashar/Mint)

Faceless assessment brings in greater transparency: CBDT Chairman

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUL 21, 2020 06:07 AM IST
This faceless system will provide details of transactions in advance to taxpayers that they can access online by using their PAN [permanent account number] and OTP [one-time password], CBDT chief Pramod Chandra Mody said.
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