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I-T Department launches Faceless Income Tax Appeals system
Updated : 5 years, 6 months ago IST
New Delhi [India], September 25 (ANI): The Income Tax Department on Friday launched Faceless Income Tax Appeals, under which all appeals will be finalised under the faceless ecosystem with an exception of appeals relating to serious frauds, major tax evasion, sensitive and search matters, In
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PTC India Financial Services gets refund of Rs 115 cr from I-T dept, stock
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 17 (ANI): Shares of PTC India Financial Services (PFS) jumped 2.8 per cent on Thursday morning after the company said the Income Tax Department has processed its refund for assessment year 2019-20 of Rs 115.57 crore by releasing the amount to company.
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CBDT issues refunds of over Rs 95,853 crore to more than 25.55 lakh taxpay
Updated : 5 years, 7 months ago IST
New Delhi [India], August 26 (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 95,853 crore to more than 25.55 lakh taxpayers between April 1 to August 25, 2020, said the Income Tax (I-T) Department in a statement on Wednesday.
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Faceless, seamless, painless I-T reform has potential to put India at the
Updated : 5 years, 7 months ago IST
New Delhi [India], August 14 (ANI): The launch of the new platform to strengthen efforts of reforming and simplifying India's tax system by the prime minister reiterates the Government resolve towards a transparent tax administration and create an environment where the honest are not harasse
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UP govt urges I-T department, ED to probe Vikas Dubey's close aide Jay Vaj
Updated : 5 years, 8 months ago IST
Lucknow (Uttar Pradesh) [India], July 28 (ANI): Uttar Pradesh government has requested Income Tax Department and Enforcement Directorate (ED) to probe into the "illegally accumulated" properties of Jai Vajpayee - a close associate of slain gangster Vikas Dubey.
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I-T department refunds Rs 62,361 crore during COVID-19 lockdown days: CBDT
Updated : 5 years, 8 months ago IST
New Delhi [India], July 3 (ANI): The Central Board of Direct Taxes on Friday announced that the Income Tax Department has issued refunds for over 20.44 lakh cases amounting to more than Rs 62,361 crore.
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I-T dept extends deadline for tax-saving investments for FY20 till July 31
Updated : 5 years, 8 months ago IST
New Delhi [India], July 2 (ANI):In order to provide relief to tax-payers, the Income Tax(I-T) Department on Thursday announced that the deadlines for making tax-saving payments/investments for 2019-20 have been extended till July 31, in wake of the COVID-19 pandemic.
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CBDT revising I-T Return forms to enable taxpayers to avail benefits of ti
Updated : 5 years, 11 months ago IST
New Delhi [India], April 19 (ANI): In order to enable taxpayers to avail full benefits of various timeline extensions granted by the Government of India due to COVID19 pandemic situations, the Central Board of Direct Taxes (CBDT) is revising the return forms for the Fiscal Year 2019-20 (Asse
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Only essential I-T workforce to be allowed to work from office: K'taka Dep
Updated : 5 years, 11 months ago IST
Bengaluru (Karnataka) [India], April 19 (ANI): Karnataka Deputy Chief Minister CN Ashwath Narayan on Sunday said that "only essential and critical number of" employees of the Information Technology (IT) companies will be allowed to work from offices from April 20 onwards in Bengaluru, while
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As a relief to MSMEs, I-T refunds worth Rs 5,204 cr issued in last 10 days
Updated : 5 years, 11 months ago IST
New Delhi [India], April 17 (ANI): The Central Board of Direct Taxes (CBDT) on Friday said that income tax refunds to nearly 8.2 lakh small businesses -- proprietors, firms, corporate and trusts -- worth Rs 5,204 crore have been issued since April 8.
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I-T Dept extends deadline for filing TDS exemption forms
Updated : 5 years, 11 months ago IST
New Delhi [India], April 4 (ANI): The Income Tax Department on Saturday extended the deadline for individuals to submit forms 15G and 15H for the current fiscal by three months to claim exemption from Tax Deducted at Source (TDS) on interest income amid the COVID-19 crisis.
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Chhattisgarh govt refutes media reports on I-T raids
Updated : 6 years ago IST
Raipur (Chhattisgarh), Mar 5 (ANI): Chhattisgarh government on Thursday said that news channels are levying various false allegations on top officials and on the role of Chief Minister's Secretariat in connection with the raids by Income Tax Department.
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