income tax department
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.
Tax dept should conduct awareness drives to help traders in filing returns: UP CM
Expressing dissatisfaction over registration of only 14 lakh traders in the state, he said the number should at least reach 25 lakh.
50 kg gold seized from 100 people at Tiruchy airport
The officers also seized several mobile phones from the kuruvees and kokkoos so as to check on their call-lists for tracking down the big fish.
Income Tax notice to Election Commissioner Ashok Lavasa's wife
She has been issued notice to explain certain details in her ITR with regard to holding directorship in about 10 companies.
Election Commissioner Lavasa's wife under I-T dept scanner
She has been issued notice to explain certain details in her ITR with regard to holding directorship in about 10 companies.