Income Tax News


Offline Excel Utility for ITR-5 AY 2023-24 now accessible for filing

 10 June 2023 at 16:22

Offline Excel utility of ITR-5 for AY 2023-24 is available for filing

Posted in Income Tax |   8991 Views


Offline utilities for ITR-1 and ITR-4 available for AY 2023-24

 10 June 2023 at 16:20

Income Tax Department has released offline utilities for ITR-1 and ITR-4 for the assessment year 2023-24.

Posted in Income Tax |   9813 Views


Form 10A filing for AY 2022-23 begins

 09 June 2023 at 08:53

The Central Board of Direct Taxes (CBDT) has enabled the filing of Form 10A for regular registration/approval for Assessment Year (AY) 2022-23.

Posted in Income Tax |   19647 Views


ITR-3 for AY 2023-24 now available online with prefilled data

 09 June 2023 at 08:52

Income Tax Return Form of ITR-3 for AY 2023-24 is enabled to file through Online mode with prefilled data at the portal.

Posted in Income Tax |   15294 Views


CBDT revises exceptions to monetary limits for filing appeals deferred in Section 158AB provisions

 08 June 2023 at 08:58

The Income Tax Department has revised the exceptions to the monetary limits for filing appeals deferred under the provisions of Section 158AB of the Income Tax Act, 1961.

Posted in Income Tax |   5745 Views


UP Farmer Receives 23 Tax Notices Totaling Rs 1.6 Crore Due to Bank Error

 08 June 2023 at 08:54

A farmer from Uttar Pradesh's Phaloda village received about 23 notices over the past year from the Income Tax Department, asking him to pay outstanding taxes of Rs 1.6 crore.

Posted in Income Tax |   2841 Views


ED detains Income Tax official from Ahmedabad in money laundering case

 06 June 2023 at 08:58

The Enforcement Directorate (ED) on June 5 arrested an Income Tax (I-T) official from Ahmedabad in connection with a money laundering case

Posted in Income Tax |   6225 Views


BBC acknowledges reduced tax contributions in India

 06 June 2023 at 08:57

The BBC has admitted that it paid lower taxes in India than it should have, following an investigation by the country's income tax department.

Posted in Income Tax |   4800 Views


IT Department initiates FIRs against 404 individuals and CA in bogus refund cases

 05 June 2023 at 08:45

The Income Tax Department Srinagar has taken a serious view of the bogus refunds claimed by various persons in the past few years.

Posted in Income Tax |   42573 Views


Noida police busts multi-crore racket exploiting PAN card data of over 635,000 individuals

 03 June 2023 at 13:26

In a breakthrough, the Noida police have successfully busted a sophisticated multicrore racket operated by a gang that used the Pan card data of approximately 635,000 individuals.

Posted in Income Tax |   10035 Views



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