Income Tax News
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
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
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
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
IT Department enabled facility to file various IT forms on the e-filing portal
12 March 2022 at 08:41The Income Tax Department issued an update regarding the facility to file IT forms 10AB, 10IG, 10IH and 5C after login under e-file -> Income Tax Forms -> File Income Tax Forms.
CBDT issues refunds to more than 2.14 crore taxpayers from 1st April 2021 to 7th March 2022
10 March 2022 at 15:54CBDT issues refunds of over Rs. 1,86,677 crore to more than 2.14 crore taxpayers from 1st April 2021 to 07th March 2022.
IT Department conducts searches on a major Telecom Group
04 March 2022 at 08:48The Income Tax Department conducted search & seizure operations on a multinational group, engaged in distribution of telecom products and providing captive software development services, on 15.02.2022.
IT Department conducts searches on certain contractors executing contracts of BMC in Mumbai
03 March 2022 at 14:06The Income Tax Department carried out search and seizure operations on 25.02.2022 on certain contractors executing contracts of Brihanmumbai Municipal Corporation (BMC), a prominent person and their close associates. I
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