Income Tax News

IT Department sets Taxpayers' Lounge to aware taxpayers about various services provided to them

15 November 2021 at 08:24

A Taxpayers' Lounge has been set up by the Income Tax Department in India International Trade Fair, 2021 at Pragati Maidan, New Delhi from 14th - 27th November 2021

Posted in Income Tax | 1596 Views

CBDT issues refunds to more than 98.90 lakh taxpayers from 1st April to 8th November 2021

11 November 2021 at 08:35

CBDT issues refunds of over Rs. 1,15,917 crore to more than 98.90 lakh taxpayers from 1st April,2021 to 8th November, 2021.

Posted in Income Tax | 1341 Views

CBDT issues refunds to more than 91.30 lakh taxpayers from 1st April to 1st November 2021

05 November 2021 at 08:42

Income tax refunds of Rs. 33,548 crore have been issued in 89,53,923 cases &corporate tax refunds of Rs. 78,942 crore have been issued in 1,75,692 cases.

Posted in Income Tax | 1533 Views

IT Department rolls out a new Annual Information Statement (AIS) on the Compliance Portal

02 November 2021 at 08:35

The new AIS can be accessed by clicking on the link "Annual Information Statement (AIS)" on the new Income tax Portal. The display of Form 26AS on TRACES portal will also continue in parallel till the new AIS is validated and completely operational.

Posted in Income Tax | 15105 Views

More than 2.25 crore ITRs for AY 2021-22 filed on Income Tax e-filing portal till 28th Oct 2021

30 October 2021 at 12:17

Over 55% of these ITRs have been prepared using the online form available & filed on the new portal. More than 1.95 crore ITRs for AY 2021-22 have been e-verified till 28th October 2021. Out of this, 86% were verified using Aadhaar OTP.

Posted in Income Tax | 1 comments | 1602 Views

CBDT issues refunds to more than 77.92 lakh taxpayers from 1st April to 25th October 2021

27 October 2021 at 14:03

Income tax refunds of Rs. 27,965 crore have been issued in 76,21,956 cases & corporate tax refunds of Rs. 74,987 crore have been issued in 1,70,424 cases. This includes 46.09 lakh refunds of AY 2021-22.

Posted in Income Tax | 1326 Views

CBDT issues refunds to more than 63.23 lakh taxpayers from 1st April to 18th October 2021

22 October 2021 at 08:33

CBDT issues refunds of over Rs. 92,961 crore to more than 63.23 lakh taxpayers from 1st April, 2021 to 18th October, 2021.

Posted in Income Tax | 1 comments | 1491 Views

Over 2 crore ITRs filed on the New IT Portal amid Reporting of Technical Glitches

15 October 2021 at 09:16

More than 2 crore ITRs for AY 2021-22 have been filed on the portal, of which ITRs 1 & 4 constitute 86%. It is encouraging to note that more than 1.70 crore returns have been e-verified, out of which 1.49 crore are through Aadhaar based OTP.

Posted in Income Tax | 1998 Views

CBDT issues refunds to more than 59.51 lakh taxpayers from 1st April to 11th October 2021

14 October 2021 at 06:09

Income tax refunds of Rs. 22,214 crore have been issued in 57,83,032 cases & corporate tax refunds of Rs. 62,567 crore have been issued in 1,67,718 cases. This includes 29.23 lakh refunds of AY 2021-22 amounting to Rs. 2241.39 crore.

Posted in Income Tax | 1536 Views

CBDT issues refunds to more than 53.54 lakh taxpayers from 1st April to 4th October, 2021

06 October 2021 at 20:10

Income tax refunds of Rs. 20,510 crore have been issued in 51,88,762 cases &corporate tax refunds of Rs. 61,719 crore have been issued in 1,65,397 cases. This includes 24.73 lakh refunds of AY 2021-22 amounting to Rs. 1903.05 crore.

Posted in Income Tax | 1 comments | 1554 Views