Income Tax News

Over 6.85 crore ITRs filed for FY22 so far

17 November 2022 at 12:17

Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta has confirmed that over 6.85 crore income tax returns have been filed so far for fiscal 2021-22. Moreover, the CBDT chairman said that the number is expected to go up further by December 31.

Posted in Income Tax | 4929 Views

IT dept conducts searches at Metropolis Healthcare in Mumbai

17 November 2022 at 08:35

The Income-tax department has conducted searches at the premises of Metropolis Healthcare in Mumbai that runs medical diagnostic centres.

Posted in Income Tax | 5910 Views

CBDT: Co-browsing feature made available for taxpayers

15 November 2022 at 08:34

FAQs related to the Co-browsing feature have been released by Income Tax Department.

Posted in Income Tax | 6063 Views

Gross Direct Tax collections for FY 2022-23 upto 10th Nov 2022 higher by 30.69% at Rs.10.54 lakh crore

12 November 2022 at 08:38

The provisional figures of Direct Tax collections up to 10th November, 2022 continue to register steady growth. Direct Tax collections up to 10th November, 2022 show that gross collections are at Rs. 10.54 lakh crore which is 30.69% higher

Posted in Income Tax | 3933 Views

IT raids on premises of Jalandhar industrialist, investor

11 November 2022 at 08:30

Teams of the Income Tax Department on Thursday conducted raids on the premises of city-based industrialist Sheetal Vij and investor Chander Shekhar Aggarwal.

Posted in Income Tax | 6159 Views

Unaccounted transactions of Rs 100 crore found during IT raids in Jharkhand

09 November 2022 at 10:08

A search and seizure action was initiated by the Income Tax Department on few business groups engaged in coal trading/ transportation, execution of civil contracts, extraction of iron ore and production of sponge iron, on 04.11.2022.

Posted in Income Tax | 7311 Views

CBDT released Explanatory Notes to provisions of the Finance Act, 2022

05 November 2022 at 08:42

Explanatory Notes to provisions of the Finance Act, 2022

Posted in Income Tax | 1 comments | 8061 Views

IT dept conducts raids at 40 locations in Rajasthan, 3 businessmen on radar

04 November 2022 at 08:35

The Income Tax officials are currently conducting raids at around 40 locations in Rajasthan’s Bikaner and Nokha.

Posted in Income Tax | 3810 Views

CBDT condones delay in filing Form 10A up to 25th Nov 2022

01 November 2022 at 20:35

In view of the representations received by Central Board of Direct Taxes (CBDT) and with a view to avoid genuine hardship to taxpayers, the CBDT condones the delay in filing of Form 10A up to 25th November, 2022

Posted in Income Tax | 5859 Views