Income Tax News

IT Department conducts search operation on two business groups in Tamil Nadu

29 July 2022 at 09:00

Income Tax Department carried out a search and seizure operation on 20.07.2022 on two business groups; one engaged in real estate, and the other in contracts related to road and railway construction.

Posted in Income Tax | 1848 Views

CBDT lays down procedure of PAN application & allotment through simplified proforma for incorporating LLPs electronically

28 July 2022 at 08:42

Procedure of PAN application & allotment through Simplified Proforma for incorporating Limited Liability Partnerships (LLPs) electronically {Form: FiLLiP} of Ministry of Corporate Affairs.

Posted in Income Tax | 3921 Views

CBDT observed 163rd anniversary of Income Tax

25 July 2022 at 08:28

The 163rd anniversary of Income Tax Day was observed by Central Board of Direct Taxes (CBDT) and all its field offices across India today. As part of the celebrations, the field formations held a number of events and activities.

Posted in Income Tax | 3615 Views

Centre not considering extension of ITR filing deadline: Revenue Secretary

23 July 2022 at 08:30

The government is not extending the last date for filing as it expects most returns to come in by the due date of July 31.

Posted in Income Tax | 3 comments | 5673 Views

CBDT releases E-Brochure for individual taxpayers

22 July 2022 at 08:44

CBDT Issues E-Brochure "Everything about e-filing made easier"

Posted in Income Tax | 7332 Views

CBDT | Specifying Forms, returns to be furnished electronically

19 July 2022 at 08:31

Specifying Forms, returns, statements, reports, orders, by whatever name called, prescribed in Appendix-ll to be furnished electronically under sub-rule (1) and sub-rule (2) of Rule 131 of the Income-tax Rules, 1962

Posted in Income Tax | 4071 Views

Kotak Mahindra Bank becomes first to integrate with new Income Tax portal

18 July 2022 at 08:29

Kotak Mahindra Bank has completed technical integration with the new e-filing portal of the Income Tax department and has become the first private bank to fully integrate with the portal.

Posted in Income Tax | 6936 Views

IT Department conducts searches in Delhi and Mumbai

16 July 2022 at 07:52

Income Tax Department carried out a search and seizure operation on 07.07.2022 on a Delhi and Mumbai based group, engaged in the business of hospitality, marble, lights trading and real estate.

Posted in Income Tax | 1599 Views

Application u/s 158AB to defer filing of appeal before Tribunal or jurisdictional High Court

14 July 2022 at 08:44

CBDT on July 12, 2022 has issued the Income-tax (Twenty Second Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962. This has come into force on July 12, 2022.

Posted in Income Tax | 4032 Views

IT Department conducts searches on a Pharmaceutical Group in Bengaluru

14 July 2022 at 08:44

Income Tax Department carried out search and seizure operations on 06.07.2022 on a major Bengaluru-based pharmaceutical group, engaged in the business of manufacturing and marketing of pharmaceutical products and Active Pharmaceutical Ingredients (API).

Posted in Income Tax | 1512 Views