Income Tax News


CBDT inserts New Rule 21AL - Other Conditions required to be fulfilled by the original fund

 12 July 2022 at 08:37

CBDT makes rules further to amend the Income-tax Rules, 1962. These rules may be called the Income-tax (21st Amendment) Rules, 2022.

Posted in Income Tax |   4827 Views


IT Department conducts searches on two real estate groups of Bengaluru and Hyderabad

 12 July 2022 at 08:37

Income Tax Department carried out search and seizure operations on two leading real estate groups of Bengaluru and Hyderabad, engaged in the business of construction/sale/leasing of commercial/residential space, and educational and hospitality services.

Posted in Income Tax |   1491 Views


CBDT enabled filing of ITR-U for AY 2020-21 and AY 2021-22

 11 July 2022 at 10:22

E-filing of Updated ITR u/s 139(8A) has been enabled for ITR 2 & 3 for AY 2020-21 and AY 2021-22 using Excel utility.

Posted in Income Tax |   4 comments |   6858 Views


IT Department conducts searches on premises of pharma group in Delhi NCR, Haryana

 09 July 2022 at 08:39

The Income Tax Department carried out search and seizure operations on 29.06.2022 on a group engaged in the business of manufacturing and distribution of Pharmaceutical medicines and Real Estate Development.

Posted in Income Tax |   1410 Views


IT raids on Dolo-650 maker Micro Labs for alleged tax evasion

 08 July 2022 at 08:43

The income tax department on Wednesday conducted searches at the offices and residences of top management of Dolo-650 manufacturer Micro Labs for alleged tax evasion, sources said.

Posted in Income Tax |   1 comments |   6057 Views


IT Department conducts search operations on a group engaged in the business of mining, processing and trading of black stones

 08 July 2022 at 08:43

The Income Tax Department carried out search and seizure operations on a group engaged in the business of mining, processing and trading of black stones.

Posted in Income Tax |   1494 Views


4 arrested for conducting fake IT raid in Delhi

 05 July 2022 at 08:44

Three men and a woman were arrested on Monday for allegedly posing as income tax officials and stealing Rs 15,000 cash, phones and jewellery from a house in Shahdara, police said.

Posted in Income Tax |   4035 Views


CBI arrests 2 income tax officials in bribery case

 05 July 2022 at 08:44

CBI sleuths on Saturday arrested two officials of the Income Tax department for accepting bribe to issue TDS certificate.

Posted in Income Tax |   5934 Views


IT Department conducts searches in Chhattisgarh

 05 July 2022 at 08:43

Income Tax Department carried out search and seizure operations on 30.06.2022 on a group engaged in business of coal transportation and other allied activities...

Posted in Income Tax |   1419 Views


Infosys takes measures against irregular traffic causing glitches on e-filing portal

 04 July 2022 at 08:40

As taxpayers face issues in accessing the e-filing portal, the Income Tax department on Saturday said software provider Infosys is taking "proactive measures" to deal with the 'irregular traffic' on the portal."It has been noti

Posted in Income Tax |   1 comments |   6195 Views



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