Search For "direct tax"
CBDT Chairman inaugurates Taxpayers' Lounge at India International Trade F
Updated : 3 years, 4 months ago IST
Taxpayers' Lounge aims to foster awareness about the services provided by the I-T department and to showcase its various initiatives in the areas such as digitalization, transparent taxation, online grievance redressal, e-PAN and e-filing for easing compliance.
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Direct tax collections till Nov 10 rise 31 pc to Rs 10.54 lakh crore
Updated : 3 years, 4 months ago IST
A Finance Ministry release said Direct Tax collections up to November 10, 2022 show that gross collections are at Rs. 10.54 lakh crore, which is 30.69 per cent higher than the gross collections for the corresponding period of last year.
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Taxman wants more data to drive voluntary compliance
Updated : 3 years, 4 months ago IST
New Delhi [India], November 10 (ANI/Mediawire): The tax compliance requirements for companies are changing as the tax department wants more information. It will, therefore, be the responsibility of companies to provide all necessary data including detailed information on partners and supplie
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Jharkhand I-T dept raids unearth Rs 2 cr in cash, Rs 100 cr unaccounted in
Updated : 3 years, 4 months ago IST
These raids were done on a few business groups engaged in coal trading/ transportation, execution of civil contracts, extraction of iron ore and production of sponge iron on November 4, 2022. Those searched include two politically exposed persons and their associates. The searches were ca
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CBDT extends due date for filing Form 10A to Nov 25
Updated : 3 years, 4 months ago IST
The official statement from finance ministry said, "In view of the representations received by Central Board of Direct Taxes (CBDT) and with a view to avoid genuine hardship to taxpayers, the CBDT condones the delay in filing of Form 10A up to November 25, 2022 in respect of certain provisio
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CBDT extends due date for filing TDS statement in Form 26Q
Updated : 3 years, 5 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, 5 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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Direct tax collection grew 24 per cent so far this year
Updated : 3 years, 5 months ago IST
New Delhi [India], October 9 (ANI): The gross tax collection between April 1 and October 8 this year has jumped nearly 24 per cent, according to the Ministry of Finance.
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Net direct tax collections rise 23 pc so far in 2022-23: CBDT
Updated : 3 years, 6 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, 6 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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CBT reports 35.46 pc higher direct tax gross collection as compared to las
Updated : 3 years, 6 months ago IST
New Delhi [India], September 9 (ANI): Direct Tax collections up to September 8, 2022 show that gross collections of the year are at Rs. 6.48 lakh crore, which is 35.46 per cent higher than the gross collections for last year, said a press release by Central Board of Direct Taxes on Friday.
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Govt issues Rs 1.14 lakh crore tax refunds in April-August 2022
Updated : 3 years, 6 months ago IST
New Delhi [India], September 3 (ANI): The government has issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers in the first five months of the current financial year, the Income Tax Department said on Saturday.
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