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Income Tax News

PAGE 13

₹22-cr worth cash, jewellery after IT raids at B'luru, Hyderabad realty groups

A total of 40 premises were covered during the undated raids. (Representative image)

Published on Jul 11, 2022, 8:54 PM IST

Sharad Pawar gets I-T notice over poll affidavits; terms it ‘love letter’

The Income Tax notice follows summons by the Enforcement Directorate to him in 2019 ahead of the Maharashtra Assembly elections (Kunal Patil/HT Photo)

Updated on Jul 2, 2022, 3:19 AM IST

I-T dept notifies investors to disclose TDS for cryptos, virtual digital assets

TDS to be deducted on cryptocurrency, other virtual digital assets from July 1. (REPRESENTATIVE PHOTO)

Published on Jun 23, 2022, 4:14 AM IST

PAN, Aadhaar mandatory for cash deposits or withdrawals above ₹20 lakh

The principal director-general or director-general shall lay down the format and standards along with procedure for authentication of PAN or Aadhaar.  (Representational image)

Published on May 12, 2022, 5:04 PM IST

Govt tracking farmers ineligible for PM-Kisan aid via data analytics, AI

PM Kisan Samman Nidhi, fully funded by the central government, became operational from December 1, 2018 (ANI)

Published on Apr 3, 2022, 11:31 PM IST

Crypto tax to be deducted from today: Here are 5 rules you must know

Cryptocurrencies, NFTs and other virtual digital assets will be taxed from Friday, April 1.

Published on Apr 1, 2022, 5:22 PM IST

30% tax on crypto income to come into effect from today

A representations of cryptocurrencies in this illustration taken, January 24, 2022. (REUTERS/Dado Ruvic/Illustration)

Published on Apr 1, 2022, 2:33 PM IST

Only CAs, lawyers gaining from present Income Tax laws: Chidambaram

Former finance minister P Chidambaram in Rajya Sabha on Monday. (ANI)

Updated on Mar 29, 2022, 6:28 AM IST

Hero Motocorp boss Pawan Munjal's office, residence under income tax raids

Pawan Munjal's office, residence under I-T raids.

Published on Mar 23, 2022, 10:49 AM IST

Income Tax Recruitment 2022 : 24 vacancies of MTS and other posts on offer.

Income Tax department has invited applications from meritorious sports persons for MTS and other posts.

Updated on Mar 20, 2022, 4:56 PM IST

Income Tax dept raids Sena leader as Maharashtra-Centre row heats up

Shiv Sena corporator Yashwant Jadhav. (HT file photo)

Updated on Feb 26, 2022, 6:55 AM IST

Next year's I-T return to have separate column for crypto income: Revenue secy

The launch of 'Digital Rupee' by RBI as well as a 30 per cent tax from April 1 on profits from digital asset transactions, including cryptocurrencies and non-fungible tokens (NFTs) was announced by finance minister Nirmala Sitharaman in her budget speech on Tuesday, February 1, 2022. (Getty Images/iStockphoto)

Published on Feb 2, 2022, 6:23 PM IST

Xiaomi, Oppo may face ₹1k cr fine for tax violation: I-T dept

The Income Tax department (File Photo)

Updated on Jan 1, 2022, 4:44 AM IST

4.86 crore income tax returns filed till Dec 28, 18.89 lakh in single day

The income tax department has been regularly sharing data ahead of the December 31 deadline to file returns.

Published on Dec 29, 2021, 6:41 PM IST

Over 4.67 crore ITRs filed so far, 15.49 lakh alone in single day

For 2019-20 fiscal, 5.95 crore ITRs were filed till the extended deadline of January 10, 2021.

Updated on Dec 28, 2021, 3:28 PM IST

I-T recovers record ₹150 crore cash from UP businessman

I-T sleuths during the raid at businessman Piyush Jain's residence, in Kanpur on Friday. (ANI)

Updated on Dec 25, 2021, 3:28 AM IST

ITR deadline: Check detained steps to file IT returns using new e-filing portal

All taxpayers need to file their income tax return (ITR) filing by December 31, 2021.

Published on Dec 6, 2021, 11:46 PM IST

Filing returns using pre-filled ITR forms? Make sure to claim these deductions

Representative Image

Published on Nov 26, 2021, 11:59 AM IST

Technical issues over Income tax e-filing portal being ‘progressively addressed’

Over 94.88 lakh ITRs have been e-verified out of which, 7.07 lakh ITRs have been processed. In picture - Union finance minister Nirmala Sitharaman.

Published on Sep 9, 2021, 1:29 AM IST

Centre tweaks Income Tax rules to ease authentication of electronic records

This facility has not been made available for companies, tax audit cases among others, who will need to authenticate their electronic records with a digital signature.

Published on Sep 7, 2021, 7:22 PM IST

Income Tax dept launches dedicated emails for taxpayers’ grievances

The faceless appeal was launched by the government on September 25, 2020 to eliminate discretionary powers of the taxman, curb corrupt practices and provide ease of compliance to taxpayers. (AP Photo/Representative use)

Updated on Aug 8, 2021, 3:47 AM IST

Govt measures helped detect several crores of undisclosed income, Lok Sabha told

As many as 173 complaints of undisclosed assets were filed in courts in 2020-21 alone, of which 16 conviction orders have been passed.

Updated on Jul 26, 2021, 11:58 PM IST

‘Finance ministry, Infosys resolving glitches’: Anurag Thakur on new tax portal

Thakur’s response comes after Congress leader Shashi Tharoor said that the government failed to achieve the objective of giving citizens a new income tax portal even after spending <span class='webrupee'>₹</span>4,200 crore.

Published on Jul 6, 2021, 4:00 PM IST

Govt announces tax reliefs under IT act. Here's what you need to know

I-T Act: The government has granted further extension in timelines of compliances.

Updated on Jun 26, 2021, 11:12 AM IST

Covid-19 treatment, financial aid after death made tax free

The government has also said that both the measures are applicable for FY20 and subsequent years.

Published on Jun 26, 2021, 6:12 AM IST

Sitharaman meets Infosys officials, reviews tech glitches on I-T e-filing portal

Union finance minister Nirmala Sitharaman

Published on Jun 22, 2021, 10:03 PM IST

FinMin calls for written representations on glitches with new Income Tax portal

"Hope @Infosys & @NandanNilekani will not let down our taxpayers in the quality of service being provided. Ease in compliance for the taxpayer should be our priority," Union finance minister Nirmala Sitharaman had tweeted on June 8.

Updated on Jun 16, 2021, 9:28 PM IST

Centre extends tax-related compliance dates in view of Covid-19. Check details

Under the provisions of section 119 of the Income Tax (I-T) Act, 1961, the Central Board of Direct Taxes (CBDT) has eased compliances.

Published on May 1, 2021, 2:11 PM IST

Centre notifies new Income Tax forms to file returns for AY 2021-22

According to a statement, no ‘significant’ changes have been made to the new ITR forms in comparison with the previous year’s ones due to the Covid-19 pandemic.

Published on Apr 1, 2021, 9:46 PM IST

CAG could get more access to taxpayers’ data

CAG has been requesting for unrestricted access to GST-related data of all taxpayers from the GST Network (GSTN) servers for the purpose of audit, citing its constitutional and legal requirements.

Published on Mar 18, 2021, 4:52 AM IST

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