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CBDT extends due date for filing TDS statement in Form 26Q
Updated : 3 years, 4 months ago IST
The due date for filing Form 26Q for the second quarter of the financial year 2022-23 has been extended from October 31, 2022 to November 30, 2022
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CBDT extends due date to file IT return for AY 2022-23 to Nov 7
Updated : 3 years, 4 months ago IST
Under sub-Section (1) of Section 139 of the Income-Tax Act, 1961 (the Act) for the Assessment Year 2022-23, the CBDT had extended the due date to November 7, 2022, for the category of assessees for whom the due date falls on October 31, 2022.
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RBI releases 'concept note' on Central Bank Digital Currency
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 7 (ANI): The Reserve Bank of India (RBI) on Friday released a so-called 'concept note' on Central Bank Digital Currency (CBDC) with an objective to create awareness about the planned features of the digital rupee.
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Net direct tax collections rise 23 pc so far in 2022-23: CBDT
Updated : 3 years, 5 months ago IST
New Delhi [India], September 18 (ANI): Net direct tax collections so far this financial year are at Rs 700,669 crore, an increase of 23 per cent as compared to Rs 568,147 crore till the same period of the corresponding financial year, a Central Board of Direct Taxes statement said on Sunday.
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CBDT issues norms for compounding of offences under I-T Act
Updated : 3 years, 5 months ago IST
New Delhi [India], September 17 (ANI): The Central Board of Direct Taxes (CBDT) has issued revised guidelines with regards to the compounding of offences under the Income Tax Act, 1961, in conformity with the government's policy of facilitating Ease of Doing Business and decriminalisation of
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Gross tax collections this year 38 per cent higher than last year: CBDT Ch
Updated : 3 years, 6 months ago IST
New Delhi [India], August 26 (ANI): Gross tax collections this year are 38 per cent higher when compared with the previous year, Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta said on Friday.
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ANI INTERVIEW: Income tax raids are always conducted after credible inputs
Updated : 3 years, 6 months ago IST
New Delhi [India], August 26 (ANI): Raids, searches, surveys and notices conducted by Income Tax authorities are always based on credible information, said Nitin Gupta, new Chairman at Central Board of Direct Taxes (CBDT).
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Income Tax Dept raids film producers, distributors in Tamil Nadu
Updated : 3 years, 7 months ago IST
New Delhi [India], August 6 (ANI): The Income Tax Department has conducted raids at 40 premises, located in Chennai, Madurai, Coimbatore and Vellore belonging to certain producers, distributors, and financiers associated with the film Industry, the Central Board of Direct Taxes (CBDT) said o
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Income Tax Dept raids healthcare firms in Haryana and Delhi NCR
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI): The Income Tax Department has raided 44 premises spread across Delhi NCR and Haryana belonging to several companies engaged in healthcare services by running hospitals, the Central Board of Direct Taxes (CBDT) said on Wednesday.
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Incriminating documents found after IT Dept raids business groups in Delhi
Updated : 3 years, 7 months ago IST
New Delhi [India], July 26 (ANI): The Income Tax Department carried out a search and seizure operations earlier this month on groups engaged in the agro and textile business and some others. A total of 27 premises were covered during the search action in Mumbai and Delhi NCR.
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CBDT observes 163rd anniversary of Income Tax
Updated : 3 years, 7 months ago IST
New Delhi [India], July 24 (ANI): The 163rd anniversary of Income Tax Day was observed by the Central Board of Direct Taxes (CBDT) and all its field offices across India on Sunday, the Ministry of Finance said.
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Income Tax Day: Faceless assessment improved processing, issuance of refun
Updated : 3 years, 7 months ago IST
New Delhi [India], July 24 (ANI) The entire life cycle from the filing of the return of income to their verification processing, scrutiny, assessment, and appeal has now been digitized end-to-end through the 'Faceless Assessment' initiative, which has significantly improved processing of ret
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