68,000 Cases Flagged For Mismatch In 2019-20 Income Tax Returns
Taxpayers have time till March 31 to file updated returns for income earned in 2019-20 fiscal. (File)New Delhi: As many as 68,000 cases have been picked up for e-verification by…
Centre Exempts Non-Resident Taxpayers From Electronic Filing Of Form 10F
Taxpayers faced problems in electronic filing of the form.(Representational)New Delhi: The income tax department has allowed non-resident taxpayers not having PAN to file Form 10F manually till March 31, 2023,…
Direct Tax Collection In Current Fiscal To Exceed Budget Target By 25-30%: Tax Board Chief
Nitin Gupta said the Budget target for the next fiscal is likely to be higher.(Representational)New Delhi: The direct tax collection in the current fiscal is likely to exceed the budget…
Unaccounted Income Over Rs 250 Crore Found In Raids On Kolkata Real Estate Groups
Income tax department found “undisclosed” income over Rs 250 crore in Kolkata raids (Representational)Kolkata: The income tax department has found “undisclosed” income of more than Rs 250 crore after it…
Infosys Working on Glitches on E-Filing Portal, Confirms CBDT Chairperson
The Central Board of Direct Taxes Chairperson Sangeeta Singh on Tuesday said that an issue relating to the search functionality and non-accessibility of the e-filing website has come to its…
Searches Conducted On Wealthy Indians Named In Pandora Papers
Searches have been conducted on Indians named in Pandora PapersThe Multi-Agency Group, which has been set up by the government to monitor investigations into the Pandora Papers case, has started…
4.5 Crore Income Tax Returns Processed Out Of 6.2 Crore Filed For 2020-21
Income tax department has processed more than 4.5 crore returns filed for 2020-21New Delhi: Income tax department on Wednesday said that more than 4.50 crore income tax returns (ITRs) have…
Online Filing Of ITR Glitches Resolved, Says CBDT Chairman
Around 2.5 lakh income tax returns are filed every day.New Delhi: The Central Board of Direct Taxes (CBDT) on Sunday said that all glitches and hiccups with regard to the…
Deadline For Filing GST Returns Is Tomorrow. Key Dates To Note
Due date for filing quarterly GSTR-3B return for September quarter is October 24New Delhi: The Central Government on Saturday informed the deadline for furnishing ‘Form ITC-04’ (intimation of goods sent…
Income Tax Refunds Worth Rs 92,961 Crore Issued In 2021-22
Income tax refunds worth more than Rs 90,000 crore have been issued in the current fiscalIncome Tax refunds totalling Rs 92,961 crore have been issued to taxpayers during the current…