income tax department
IT dept attaches properties worth Rs 1,000 cr allegedly belonging to Ajit Pawar
According to sources, one of these five properties includes Nirmal Tower situated at Nariman Point, Mumbai
Centres loves us: Sharad Pawar's dig at Modi sarkar after I-T department sends notice
The veteran leader confirmed he received a notice asking for “clarification and explanation” on his election affidavits.
I-T Department raids premises of Chinese entities in money laundering case
Chinese individuals and a couple of bank employees were involved in money laundering through a series of shell companies, the statement said
Over 7,000 income tax cases disposed under faceless assessment system
The taxpayers have been advised to check their registered e-filing accounts/e-mail ids for notices or updates
I-T department refunds ₹62,000 crore to 20 lakh taxpayers
The income tax department has issued tax refunds at a speed of 76 cases per minute from April 8 to June 30, 2020
CBDT issues new Income Tax return forms for 2019-20
The department revised the I-T return forms to allow assessees to avail benefits of various timeline extension granted by the government
Taxpayers beware of phishing e-mails promising refund
The department issued nearly 14 lakh refunds involving an amount of over Rs 9,000 crore to various taxpayers
Indian government brushes off proposal to impose coronavirus tax on super rich
Some 50 officers of Indian Revenue Service recommended raising highest tax rate to 40% for people with annual income above 10 million rupees
I-T revises return forms to enable taxpayers avail benefits of timeline extension
The new income tax returns forms will be notified by the month-end and return filing utility would be available by May 31
Tax dept issues 2.10 crore tax refunds till Nov; Rs 1.46-lakh crore refunded
The number of verified refunds pending as on November 29 are 20.76 lakh and currently being processed.