income tax department
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.
I-T dept asks taxpayers to update self info on e-filing portal
A taxpayer can do any business using their personal e- filing account only after updating the details.
Sluggish onion trading in AMPCs after strike ends
The merchants had boycotted trading after some of the onion traders were raided by the income tax department.
Tax authorities to scan transition credit claim of 162 cos
Till last week as many as 70 per cent of 59.57 lakh taxpayers had filed returns.
Project Insight: Taxmen to track buys via social media to curb black money
Taxmen will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money.
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).
Tax scanner on 14,000 homes, Rs 2.89 lakh deposits
While Rs 15,496 crore was admitted as undisclosed income, surveys resulted in seizure of Rs 13,920 crore.
I-T dept slams Rs 7.9K crore penalty on Vodafone
This is in relation to unpaid tax dues after the sale of CK Hutchison Holdings Ltd's mobile phone business to Vodafone in 2007.
10 steps to correct mistakes made while filing income tax returns
One can access the 'e-Proceeding' option on Income Tax department's e-filing website to rectify the errors.
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.