CBDT
Direct tax collections rise to Rs 3.7 lakh crore till Sept 18
Number of tax payers increased from 4.72 crore in FY 2012-13 to 6.26 crore during 2016-17 fiscal.
I-T dept fastens belt to add 1.25 cr new tax filers this year
The total number of all returns (electronic + paper) filed during the financial year 2016-17 was 5.43 crore.
NSE extends deadline for filing annual returns to Oct 31
As per norms delay in submission of annual returns attract a penalty of Rs 100 per day.
Direct Tax collections till Aug at Rs 2.24 lakh crore
This collection is 22.9 percent of total Budget Estimates of Direct Taxes for Financial Year 2017-18.
Eateries to pay tax on service charge imposed
Decision after discrepancies in account books of hotels, restaurants.
78 per cent rise in paperless I-T assessment; all-India roll out by year end
During the financial year 2015-16, a total of 1,014 cases were completed under the pilot project (e-assessment).
No inconsistency in number of tax payers: CBDT
Number of individuals filing income tax returns has jumped to 2.79 crore this year from 2.23 crore last year.
Over 9.3 crore PANs linked with Aadhaar; last date Aug 31: CBDT
Jaitley recently said that govt has not fixed any time frame to complete the linking of Aadhaar with PAN.
Direct tax collections in April-July at Rs 1.90 lakh crore
This direct tax collection is 19.5 per cent of total budget estimates of direct taxes for FY18.
Demonetisation effect: ITR filings for 2016-17 grow by 25 per cent
The effect of demonetisation is also clearly visible in the growth in direct tax collections, the tax department said.