New Delhi [India], February 2 (ANI): The thrust of tax proposals announced in the Union Budget 2022-23 is to simplify processes, reduce litigation and provide a stable tax regime, JB Mohapatra, Chairman, Central Board of Direct Taxes (CBDT) said on Wednesday.
New Delhi [India], January 27 (ANI): The Central Board of Direct Taxes (CBDT) has issued Rs 1.62 lakh crore income tax refunds to over 1.79 crore taxpayers till January 24, 2022 of the current financial year, official data showed on Thursday.
New Delhi [India], January 13 (ANI): The Central Board of Direct Taxes (CBDT) said on Thursday it has issued Rs 1.54 lakh crore in refunds to over 1.59 crore taxpayers during the current financial year till January 10, 2022.
New Delhi [India], January 11 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday extended the due dates for Income Tax Return (ITR) filing for certain category of taxpayers for the financial year 2020-21.
New Delhi [India], December 31 (ANI): Two foreign-controlled mobile companies can face a penalty of over Rs 1,000 crore for not complying with the regulatory mandate prescribed under the Income-tax Act, 1961 for disclosure of transactions with associated enterprises, said the Central Board o
New Delhi [India], December 28 (ANI): The Central Board of Direct Taxes (CBDT) said on Tuesday it has issued over Rs 1.49 lakh crore in refunds to 1.45 crore taxpayers during the current financial year till December 27.
New Delhi [India], December 6 (ANI): The Income Tax department initiated a search and seizure operation on a prominent Kolkata-based Group, engaged in manufacturing of TMT bars and structural construction materials on December 1, informed the official spokesperson of the Central Board of Dir
New Delhi [India], November 24 (ANI): The Income Tax Department conducted searches on two real estate groups based in Delhi-NCR in connection with alleged large scale tax evasion and seized unaccounted cash of Rs 10 crore, informed the Central Board of Direct Taxes (CBDT) on Wednesday.
New Delhi [India], November 18 (ANI): The Income Tax Department has seized unaccounted cash amounting to Rs 1.30 crore following an operation conducted on a prominent Kolkata based group engaged in the manufacturing of cement and real estate, said the Central Board of Direct Taxes (CBDT)
New Delhi [India], November 14 (ANI): The Central Board of Direct Taxes (CBDT) on Sunday said that all glitches and hiccups with regard to the online filing of I-T returns have been resolved.
Mumbai (Maharashtra) [India], November 6 (ANI): The Income Tax Department carried out search and seizure operations at the headquarter and one of the branches of an Urban Credit Cooperative Bank located in Maharashtra and restrained Rs 53.72 crore, informed the Central Board of Direct Taxes
New Delhi [India], October 27 (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,02,952 crore to more than 77.92 lakh taxpayers from April 1 to October 25, the Income Tax Department said on Wednesday.