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Wednesday, Sep 23, 2020

Income tax department

Jul 20, 2020 15:13
According to an official source, the department has disposed of 7,116 cases under the first phase of the faceless assessment scheme that was launched in October last year. read more
Jul 18, 2020 18:22
The Central Board of Direct Taxes (CBDT) has introduced a new auto-generated ‘Form 26AS’ which will handhold taxpayers while filing their ITRs in a faceless manner from the current assessment year . read more
Jul 18, 2020 17:04
In May, CBDT had notified the revised Form 26AS, containing details of tax collected or deducted at source which will now include information pertaining to property and share transactions. read more
Jul 13, 2020 23:02
One of the persons whose premises were searched by the I-T sleuths includes – Rajiv Arora of Amrapali Jewels, who is also the Vice President of Rajasthan Congress. read more
Jul 12, 2020 20:36
To discourage cash transactions, keep track of cash withdrawals by non-filers, increase tax compliance and curb black money, the government changed TDS rules for making cash withdrawals from banks and post offices from this month. read more
Jul 02, 2020 12:38
As a result, taxpayers will now be able to make investments for claiming deductions under the Income Tax Act for the financial year 2019-20 up to July 31. read more
Jul 02, 2020 12:17
Ahmed Patel has earlier served as the political secretary to UPA chairperson and Congress president Sonia Gandhi and was considered one of the most powerful persons in the party. read more
Jul 02, 2020 09:44
Further, more than 100 such cases have also come up in which the salary of two teachers was going to the same bank account. read more
Jun 15, 2020 15:20
Angadia couriers primarily ferry diamonds, gold ornaments and cash belonging to traders from one place to another. They mostly operate between Mumbai and various cities in Gujarat. read more
Jun 05, 2020 21:00
Cops raided a house in New Amardass Colony following a tip-off and arrested the accused read more
May 31, 2020 13:04
The department has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the Covid-19 outbreak. read more
Apr 21, 2020 13:44
The CBDT was responding to certain observations made in social media that alleged that income tax department is pursuing recovery proceedings. read more
Apr 17, 2020 21:37
The CBDT said that following the Union government’s decision on April 8, the income tax department has till date issued nearly 14 lakh refunds up to Rs 5 lakh each in order to help taxpayers deal with the current situation. read more
Apr 01, 2020 06:20
In order to facilitate them the I-T department has provided mobile phones, laptops, data cards and broadband connections to officials so that they can work from home. read more
Mar 16, 2020 16:51
The Central Board of Direct Taxes (CBDT), that frames policy for the I-T department, had extended the deadline for this task for the eighth time on December 30 last year. read more