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Explained: Why CBDT extended deadline to file Income Tax returns to Sept 15
The CBDT’s decision to extend the deadline for filing ITR wasn’t unexpected because ITR forms have been released with a delay of more than a month
Updated on May 27, 2025 11:43 PM IST
Rajeev Jayaswal
ITR filing extension: CBDT announces new deadline for AY 2025-26
CBDT said the extension has been implemented to accommodate changes in ITR forms and ensure taxpayers have sufficient time for compliance amidst system updates
Updated on May 27, 2025 06:32 PM IST
CBDT to closely monitor top taxpayers, crack down on bogus deductions
The government aims for ₹25.20 lakh crore in direct taxes for the fiscal year, while focusing on arrear collection and taxpayer education.
Published on May 04, 2025 03:01 PM IST
PTI |
I-T Dept uncovers ₹22,000 crore in undisclosed foreign assets and investments
The Income Tax department sends notices to taxpayers for failing to declare foreign assets, with penalties up to ₹10 lakh for non-compliance.
Published on Feb 18, 2025 04:38 PM IST
Only 1/3rd electoral trusts received donations: ADR report
Only one-third of electoral trusts reported donations in FY 2023-24, with BJP receiving 70.3% of ₹1,218.39 crore, raising transparency concerns.
Published on Feb 11, 2025 06:08 AM IST
Abhishek Angad, New Delhi