Income Tax News


Income Tax Department unearths 1000 crore hawala transaction in Delhi

 24 October 2019 at 11:30

Income Tax Department conducts search on a prominent business group in Delhi

Posted in Income Tax |   2 comments |   12279 Views


Compulsory e-payment facility from 1st Nov for business with more than 50 cr turnover

 22 October 2019 at 11:37

FTS- 1275045/2019 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes *************************** New Delhi, dated 18th October 2019 NOTICE Prescribing of certain electronic modes of payment under Section 269SU

Posted in Income Tax |   13200 Views


IT Dept conducts searches on coaching institute and a business group

 15 October 2019 at 11:46

Income Tax Department conducts searches on coaching institutes in Namakkal, Tamil NaduThe Income Tax Department, conducted a search action on 11th October, 2019 in the case of a business group based in Namakkal, Tamil Nadu. The group is mainly into r

Posted in Income Tax |   1 comments |   11706 Views


Two person arrested in Delhi for passing fake ITC of 127 crore

 10 October 2019 at 13:44

Two person arrested in Delhi for passing fake ITC of 127 crore

Posted in Income Tax |   13305 Views


FM to inaugurate National e-Assessment Centre of Income Tax Department

 07 October 2019 at 18:47

Shall usher introduction of Faceless e-Assessment in the Income Tax DepartmentNew Initiative shall impart greater efficiency, transparency and accountability in the assessment processPosted On: 06 OCT 2019 10:08AM by PIB DelhiThe Income Tax Departmen

Posted in Income Tax |   4 comments |   6699 Views


Authenticate online notice or order issued by Income Tax Department

 04 October 2019 at 10:59

Authenticate Notice/Order Issued by Income Tax DepartmentClick here

Posted in Income Tax |   7728 Views


Notification for credit of Tax deducted u/s 194N on cash withdrawal

 03 October 2019 at 15:11

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 27th September, 2019. INCOME-TAX G.S.R. 694(E). In exercise of the powers conferred by section 199 read with section 295 of the Income-tax Act, 1

Posted in Income Tax |   1 comments |   8283 Views


MAT benefit denied to company opting for Corporate tax of 22%

 03 October 2019 at 13:35

Clarifications in respect of- option exercised under section 115HAA of the Income-tax Act, 1961 inserted through The Taxation Laws (Amendment) Ordinance, 2019- reg

Posted in Income Tax |   1 comments |   8274 Views


IT Department seizes 4 crore black money since declaration of Maharashtra Election

 03 October 2019 at 13:35

Four crore rupees worth of black money seized since declaration of Maharashtra Assembly Elections: DGIT (Investigation) DG of Income Tax (Investigation) briefs the media on steps taken by the Income Tax Department to curb use of black money and c

Posted in Income Tax |   2298 Views


DIN system of CBDT generates 17500 communication on first day

 01 October 2019 at 20:23

The Documentation Identification Number (DIN) system of Central Board of Direct Taxes (CBDT) has come into existence from today with the generation of about 17,500 communications with DIN on the very first day.

Posted in Income Tax |   2784 Views



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