income tax department
CBDT launches one-time facility for compounding of income tax offences
In order to avail the facility a taxpayer will have to file an application for compounding a tax offence before the competent authority.
Delhi court refuses to increase meeting time of kin, lawyers to Shivakumar
Shivakumar through an application has sought extra time to meet family and lawyers from 30 minutes to 1 hour.
Cente 'harassing' Shivakumar to demoralise him and his supporters: Malikarjun Kharge
The Income Tax department had conducted raids at Shivakumar's house in August 2017.
ITR Filing 2019: Over 5.65 cr income tax returns filed as deadline ended on Aug 31
Out of the 5.65 crore ITRs filed so far, 3.61 crore have been verified.
2 pc TDS on cash withdrawals of over Rs 1 crore from Sep 1: Tax dept
If a person has already withdrawn Rs 1 cr or more in current fiscal, the 2 pc TDS shall apply on all subsequent cash withdrawals.
I-T dept attaches Benami asset worth Rs 150 cr belonging to Kuldeep Bishnoi, Chander Mohan
Last month, the agency had conducted searches at the residence and offices of Bishnoi in Adampur, Hisar and Gurugram.
All communication from tax dept to assessees to carry DIN from Oct 1: CBDT
The CBDT has also specified exceptional circumstances where the communication could be issued manually.
CBDT issues FAQs on filing tax returns to help taxpayers
The FAQs are based on the queries received by the CBDT to help assessees file ITRs.
IT attaches FDI of USD 40 million, bungalow of Ratul Puri and Deepak Puri
So far, Benami Prohibition Unit (BPU) has attached funds of USD 95 million and a Bungalow at 27-A Aurangzeb Road.
Relief for startups: CBDT lays out procedure for pending angel tax assessment cases
More than 540 startups have received exemption from angel tax so far.