Income Tax News
CBDT issues refunds to more than 1.15 crore taxpayers from 1st April to 29th November, 2021
02 December 2021 at 09:07CBDT issues refunds of over Rs. 1,29,210 crore to more than 1.15 crore taxpayers from 1st April, 2021 to 29th November 2021.
CBDT extends the last date for updating UDINs till 31st January, 2022
30 November 2021 at 17:53The CBDT has extended the last date for updating UDINs for all the IT forms at the e-filing portal to 31st January, 2022.
FM Nirmala Sitharaman and CM Yogi Inaugurate IT Departments Office Complex, 'Pratyaksh Kar Bhawan', at Lucknow
27 November 2021 at 08:43The Income Tax Department's new Office Complex, the 'Pratyaksh Kar Bhawan', at Lucknow was inaugurated today i. e. 26.11.2021 by Chief Minister of Uttar Pradesh Shri Yogi Aditya Nath and Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman
Unaccounted income worth Rs 66 lakh unearthed by IT Department during raids in Maharashtra, Gujarat, Delhi
26 November 2021 at 08:40Income Tax Department conducts search operations in Maharashtra, Gujarat and Delhi on certain Indian companies and their associate concerns, controlled by a neighbouring country
CBDT lays out guidelines for Sections 194O, 194Q & 206C to remove taxpayer difficulties
26 November 2021 at 08:40Guidelines under sub-section (4) of section 194-0, sub-section (3) of section 194Q and sub-section (1-1) of section 206C of the Income-tax Act, 1961
CBDT amends Form No. 52A - Statement to be Furnished to AO u/s 285B for Production of a Cinematograph Film
26 November 2021 at 08:40Under the amended Income Tax (32nd Amendment) Rules, 2021, Form No. 52A which is a statement to be furnished to the Assessing Officer under section 285B of the Income Tax Act, 1961, in respect of production of a cinematograph film has been amended.
CBDT issues refunds to more than 1.11 crore taxpayers from 1st April to 22nd November 2021
25 November 2021 at 07:02CBDT issues refunds of over Rs. 1,23,667 crore to more than 1.11 crore taxpayers from 1st Apr,2021 to 22nd November,2021.
Centre releases Tax Devolution instalments of Rs. 95,082 crore to State Governments
24 November 2021 at 09:08Centre releases two installments of tax devolution to State Governments amounting to Rs. 95,082 crore as against normal monthly devolution of Rs. 47,541 crore
IT Dept Detects Rs 100 crore Black Income After Raids on Gujarat Gutka Distributor
24 November 2021 at 08:59The Income Tax Department carried out search and seizure operations on a leading Gutkha distributor of Gujarat on 16.11.2021.
CBDT issues refunds to more than 1.02 crore taxpayers from 1st April to 15th Nov 2021
18 November 2021 at 14:00CBDT issues refunds of over Rs. 1,19,093 crore to more than 1.02 crore taxpayers from 1st April,2021 to 15th November, 2021. Income tax refunds of Rs. 38,034 crore have been issued in 1,00,42,619 cases & corporate tax refunds of Rs. 81,059 crore
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