Income Tax News

Gross Direct Tax Collections grows 23.8% to Rs. 8.98 lakh crore

09 October 2022 at 12:20

Direct Tax collections up to 8th October, 2022 show that gross collections are at Rs. 8.98 lakh crore which is 23.8% higher than the gross collections for the corresponding period of last year.

Posted in Income Tax | 4029 Views

Ahmedabad: Income Tax officer booked for Rs 30 lakh bribe

06 October 2022 at 08:29

A complaint has been filed against a senior Income Tax (I-T) officer for allegedly seeking Rs 30 lakh as bribe from a city-based builder to settle a penalty amount.

Posted in Income Tax | 4428 Views

Form 3CEB offline utility is now available for filing on IT portal

05 October 2022 at 07:56

Income Tax portal dated 4th October 2022 notifies that Form 3CEB offline utility is now available for filing on portal.

Posted in Income Tax | 5433 Views

Updation of UDINs at e-filing Portal extended till 30th Nov 2022

05 October 2022 at 07:56

Time for updating UDINs for forms filed in the assessment year 2021-2022 is available till 30th November, 2022.

Posted in Income Tax | 19764 Views

CBDT extends due date for filing audit for AY 22-23 to 7th Oct

01 October 2022 at 06:25

CBDT has decided to extend the Due date for the A.Y 2022-23 which was 30th Sep 2022 till 7th Oct 2022

Posted in Income Tax | 1 comments | 13086 Views

Application for recomputation of income u/s 155 (18)

30 September 2022 at 08:49

In exercise of the powers conferred by section 295 read with sub-section (18) of section 155 of the Income-tax Act, 1961, CBDT makes rules further to amend the Income-tax Rules, 1962

Posted in Income Tax | 5679 Views

CBDT | Order specifying collegium - Explanation to Sec 158AB

29 September 2022 at 08:50

Order specifying the Collegium - Explanation to section 158AB of the Income-tax Act, 1961 - reg

Posted in Income Tax | 4380 Views

CBDT issued clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

28 September 2022 at 13:51

Clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

Posted in Income Tax | 10260 Views

FM Sitharaman sets a new three-point governing principle for income tax department

28 September 2022 at 10:05

Finance minister Nirmala Sitharaman on Tuesday urged the income tax department to assess tax returns and process tax refunds even faster and redress pending grievances of assessees as she set a new three-point governing principle for the tax department

Posted in Income Tax | 2577 Views

FM's Awards conferred on employees of Income Tax Department

28 September 2022 at 08:33

The awards were presented to the officers and officials who have contributed to promoting excellence in the field of Direct Taxation by their innovative ideas and special efforts as well as commitment to duty.

Posted in Income Tax | 1503 Views