Search For "central board of direct taxes"
Functionalities to file commonly used Income Tax Returns enabled by CBDT o
Updated : 2 years, 1 month ago IST
The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from April 1, 2024 onwards.
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Delhi HC sets aside CIC's order asking CBDT to give information on exempti
Updated : 2 years, 2 months ago IST
The Delhi High Court recently set aside the order of the Chief Information Commissioner (CIC) directing the Central Board of Direct Taxes (CBDT) to provide information related to Shri Ram Janmbhoomi Teerth Kshetra Trust. The order was challenged by the CBDT.
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CBDT identifies mismatches in ITR, third party information; function made
Updated : 2 years, 2 months ago IST
The Income Tax Department on Monday said it has identified certain mismatches between the information received from third parties on interest and dividend income, and the Income Tax Return (ITR) filed by taxpayers, the Central Board of Direct Taxes said. In many cases, it said taxpayers h
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Major personal income tax relief: Finance act 2023 amends section 87a, no
Updated : 2 years, 4 months ago IST
Ministry of Finance posted on X, "Benefits in Personal Income Tax! Vide Finance Act, 2023, Section 87A of the Income-tax Act, 1961 has been amended to allow rebate to tax resulting in no tax liability to persons having income up to Rs. 7 lakh. (1/5) #PromisesDelivered"
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Income Tax dept searches premises of electrical items manufacturer in Mumb
Updated : 2 years, 4 months ago IST
The Income Tax department initiated search and seizure operations in the case of a group engaged in the manufacturing of wires, cables and other electrical items on December 22, 2023, the agency said in a statement on Wednesday.
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Cash seizure in five poll-bound states beats previous records, says CBDT c
Updated : 2 years, 6 months ago IST
All the law enforcement agencies are working together with great coordination, which has made all this possible, said Nitin Gupta.
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Central Board of Direct Taxes achieves targets of month-long Special Campa
Updated : 2 years, 6 months ago IST
The Central Board of Direct Taxes (CBDT), along with its subordinate offices, enthusiastically participated in Special Campaign 3.0. The campaign was organised in two phases: the preparatory phase from September 14 to September 30, and the implementation phase from October 2 to October 31.
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Record number of over 7.85 crore Income Tax Returns filed till October 31
Updated : 2 years, 6 months ago IST
The total number of ITRs for Assessment Year (AY) 2023-24 filed till October 31, 2023, is more than 7.65 crore.
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Collected over Rs 700 cr in TDS from online gaming companies, crypto: CBDT
Updated : 2 years, 7 months ago IST
The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after a new TDS regime was brought in for online gaming and trade in cryptocurrency, said the tax body's chairman Nitin Gupta
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Gross direct tax collections rise 18 per cent this fiscal
Updated : 2 years, 7 months ago IST
A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 17.95 per cent increase on a yearly basis, Central Board of Direct Taxes Chairman Nitin Gupta said on Tuesday.
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Over 6 crore returns processed, additional info sought from 12 lakh taxpay
Updated : 2 years, 8 months ago IST
The Income Tax Department has so far processed more than 6 crore tax returns for the assessment year 2023-24 out of the 6.84 crore that it has verified
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Income Tax Department unveils revamped website for enhanced taxpayer exper
Updated : 2 years, 9 months ago IST
The newly revamped website was officially launched by Nitin Gupta, Chairman of the Central Board of Direct Taxes (CBDT), during the 'Chintan Shivir' event organized by the Directorate of Income Tax (Systems) in Udaipur, read the Ministry of Finance press release.
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