Income Tax News

Income Tax Department conducts pan-India searches in case of mobile manufacturing companies

31 December 2021 at 18:51

The Income Tax Department carried out search and seizure operations pan-India on 21.12.2021 in the case of certain foreign controlled Mobile Communication & Mobile Hand-set Manufacturing Companies and their associated persons.

Posted in Income Tax | 7803 Views

CBDT to set up a National Faceless Appeal Centre to facilitate the conduct of e-appeal proceedings

31 December 2021 at 18:48

The Central Board of Direct Taxes has notified the Faceless Appeal Scheme, 2021 via Notification No. 139/2021 - Income Tax on 28th December 2021.th December 2021.

Posted in Income Tax | 2157 Views

CBDT inserts New Rule 16DD - Form of Particulars to be Furnished along with Return of Income for Claiming Deduction

31 December 2021 at 18:47

The Central Board of Direct Taxes has notified the Income-tax (35th Amendment) Rules, 2021 to make amendments to the Income-tax Rules,1962.

Posted in Income Tax | 11514 Views

No extension in the due date for ITR Filing: Revenue Secretary

31 December 2021 at 16:36

There will not be any extension in Due Dates for filing IT Return as said by Mr. Tarun Bajaj, Revenue Secretary in the Press Conference.

Posted in Income Tax | 5844 Views

Request for Extension in Filing of Income Tax Returns by District Taxation Bar Association (Direct Taxes) Ludhiana

30 December 2021 at 13:52

Memorandum for extension of time for filing income tax returns in the light of the issues and problems being faced by the Members & the Assessees

Posted in Income Tax | 14055 Views

CBDT provides one-time relaxation for verification of e-filed ITRs for AY 2020-21

29 December 2021 at 08:40

One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of such returns

Posted in Income Tax | 9861 Views

More than 15.49 lakh ITRs filed in a single day as the due date of 31st Dec 2021 approaches

28 December 2021 at 20:43

Over 4.67 crore Income Tax Returns(ITRs) have been filed on the new e-filing portal of the Income Tax Department as on 27th December, 2021.

Posted in Income Tax | 2010 Views

CBDT issues refunds to more than 1.45 crore taxpayers from 1st April to 27th December, 2021

28 December 2021 at 15:25

CBDT issues refunds of over Rs. 1,49,297 crore to more than 1.45 crore taxpayers from 1st April, 2021 to 27th December, 2021.

Posted in Income Tax | 1338 Views

CBIC mandates Aadhaar Authentication for Registered Persons

23 December 2021 at 08:42

The Central Government vide Notification No. 38/2021-CT dated 21.12.2021 has notified January 1, 2022 as the implementation date for Rule 10B of CGST Rules, 2017.

Posted in Income Tax | 1845 Views

CBDT issues refunds to more than 1.38 crore taxpayers from 1st April to 20th December 2021

23 December 2021 at 08:41

CBDT issues refunds of over Rs. 1,44,328 crore to more than 1.38 crore taxpayers from 1st April 2021 to 20th December,2021.

Posted in Income Tax | 1152 Views