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Income Tax News


CBDT notifies Faceless Inquiry or Valuation Scheme, 2022

   06 April 2022 at 08:46

Introduction of Artificial Intelligence for Assessment Proceedings: CBDT notifies Faceless Inquiry or Valuation Scheme, 2022

Posted in Income Tax |   4620 Views


CBDT Extends Last Date for Filing of Form No. 10AB

   01 April 2022 at 08:53

CBDT extends last date for filing of Form No.10AB for seeking registration or approval under Section 10(23C), 12A or 80G of the Income-tax Act, 1961 (the Act)

Posted in Income Tax |   13581 Views


IT Department conducts searches in Delhi-NCR on Automobile Manufacturing Group, Company Operating Chartered Flights and Real Estate Groups

   01 April 2022 at 08:53

The Income Tax Department conducted a search and seizure operation on a leading automobile manufacturer group along with a company operating chartered flights and a real estate group of Delhi-NCR covering more than 35 premises across Delhi-NCR

Posted in Income Tax |   4389 Views


CBDT signs 62 Advance Pricing Agreements in FY 2021-22

   01 April 2022 at 08:53

Signing of 62 Advance Pricing Agreements by CBDT in FY 2021-22

Posted in Income Tax |   2835 Views


Central Government withdraws 5% TCS on tour package of NRIs visiting India

   01 April 2022 at 08:53

Central Government relaxes provisions of TCS under section 206C(1G) of the Income-tax Act, 1961 in respect of non-resident individuals visiting India

Posted in Income Tax |   4422 Views


CBDT notifies Faceless Jurisdiction of Income Tax Authorities Scheme, 2022

   31 March 2022 at 09:05

Faceless Jurisdiction of Income Tax Authorities Scheme, 2022

Posted in Income Tax |   4593 Views


CBDT amends Income-tax Rules, 1962 for prescribing fees u/s 234H of IT Act, 1961

   31 March 2022 at 09:05

Amendment to the provisions of Income-tax Rules, 1962 for prescribing fees under section 234H of the Income-tax Act, 1961

Posted in Income Tax |   6933 Views


CBDT notifies e-Assessment of Income Escaping Assessment Scheme, 2022

   31 March 2022 at 09:05

e-Assessment of Income Escaping Assessment Scheme, 2022

Posted in Income Tax |   4839 Views


IT Department conducts searches on a popular chain of educational institutes in Maharashtra

   25 March 2022 at 08:36

The Income Tax Department carried out a search and seizure operation on 14.03.2022 on a popular chain of educational institutes, running several schools and colleges at multiple locations in India and abroad.

Posted in Income Tax  1 comments |   6780 Views


CBDT issues refunds to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022

   24 March 2022 at 12:31

CBDT issues refunds of over Rs. 1,93,720 crore to more than 2.26 crore taxpayers from 1st April 2021 to 20th March 2022.

Posted in Income Tax  1 comments |   1464 Views



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