CBDT issues norms for compounding of offences under I-T Act

New Delhi [India], September 17 (ANI): The Central Board of Direct Taxes (CBDT) has issued revised guidelines with...

CBT reports 35.46 pc higher direct tax gross collection

New Delhi [India], September 9 (ANI): Direct Tax collections up to September 8, 2022 show that gross collections of...

Govt issues Rs 1.14 lakh crore tax refunds in April-August 2022

New Delhi [India], September 3 (ANI): The government has issued refunds of over Rs 1.14 lakh crore to more than 1.97...

Gross tax collections this year 38 per cent higher than last year

New Delhi [India], August 26 (ANI): Gross tax collections this year are 38 per cent higher when compared with the...

IT raids always carried after credible inputs: CBDT chief

New Delhi [India], August 26 (ANI): Raids, searches, surveys and notices conducted by Income Tax authorities are...

Income Tax Dept raids film producers, distributors in Tamil Nadu

New Delhi [India], August 6 (ANI): The Income Tax Department has conducted raids at 40 premises, located in Chennai,...

Income Tax Dept raids healthcare firms in Haryana and Delhi NCR

New Delhi [India], August 3 (ANI): The Income Tax Department has raided 44 premises spread across Delhi NCR and...

Incriminating documents found after IT Dept raids business groups

New Delhi [India], July 26 (ANI): The Income Tax Department carried out a search and seizure operations earlier this...

CBDT observes 163rd anniversary of Income Tax

New Delhi [India], July 24 (ANI): The 163rd anniversary of Income Tax Day was observed by the Central Board of...

Income Tax Day: Faceless assessment improved issuance of refunds

New Delhi [India], July 24 (ANI) The entire life cycle from the filing of the return of income to their verification...

I-T dept raids Royal Plaza Chairman for parking Rs 40 cr abroad

New Delhi [India], July 23 (ANI): The Income Tax Department raided the premises of the Chairman of Hotel Royal...

Income Tax Dept raids Bengaluru-based pharmaceutical firm

New Delhi [India], July 13 (ANI): The Income Tax Department said on Wednesday it has conducted search and seizure...