Income Tax News
Assets worth Rs 19,111.20 crore of Vijay Mallya, Nirav Modi and Mehul Choksi seized
23 March 2022 at 08:57Cases pertaining to Vijay Mallya, Nirav Modi and Mehul Choksi who have defrauded Public Sector banks by siphoning off the funds through their companies which resulted in total loss of Rs. 22,585.83 crore to the public sector banks.
IT Department conducts searches in a prominent Real Estate Group of North India
22 March 2022 at 16:36Income Tax Department conducts searches in a prominent Real Estate Group of North India
IT Department conducts searches on a Pune & Thane based unicorn start-up group
21 March 2022 at 08:39Income Tax Department conducted a Search & Seizure operation on a Pune & Thane based unicorn start-up group, primarily engaged in the business of wholesale and retail of construction material
CBDT condones delay in filing of Form 10-IC for AY 2020-21
18 March 2022 at 07:50Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form 10-IC for Assessment Year 2020-21
CBDT provides relaxation from the requirement of electronic filing of application in Form No.3CF
18 March 2022 at 07:50Relaxation from the requirement of electronic filing of application in Form No.3CF for seeking approval under section 35(1)(ii)/(iia)/(iii) of the Income-tax Act,1961 (the Act)
Net Direct Tax collections surge 48.4% at Rs 13.63 lakh crore for FY 2021-22
18 March 2022 at 07:50The figures of Direct Tax collections for the Financial Year 2021-22, as on 16.03.2022 show that net collections are at Rs. 13,63,038.3 crore compared to Rs. 9,18,430.5 crore over the corresponding period of the preceding financial year i.e FY 2020-21
Income Tax Department conducts search operation on a cable operator of Mumbai
18 March 2022 at 07:50Income Tax Department carried out a search operation on 08.03.2022 on a cable operator of Mumbai, a State Govt employee and the businesses related to him
CBDT releases circular related to TDS and Income Tax Deduction from Salaries during FY 2021-22
17 March 2022 at 08:47Circular No. 4/2022: Deduction of Tax at Source - Income-tax Deduction from Salaries under section 192 of the Income-tax Act, 1961
CBDT issues refunds to more than 2.24 crore taxpayers from 1st April 2021 to 15th March 2022
17 March 2022 at 08:43CBDT issues refunds of over Rs. 1,92,119 crore to more than 2.24 crore taxpayers from 1st April 2021 to 15th March 2022.
IT Department: Over 6.63 crore ITRs, 99.27 lakh statutory forms filed on new e-filing portal
17 March 2022 at 08:43More than 6.63 crore Income Tax Returns (ITRs) and 99.27 lakh statutory forms filed on the new e-filing portal of the Income Tax Department
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