Search For "income tax department"
I-T dept extends deadline for tax-saving investments for FY20 till July 31
Updated : 6 years 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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FM Sitharaman launches facility of instant PAN through Aadhaar based e-KYC
Updated : 6 years, 1 month ago IST
New Delhi [India], May 28 (ANI): In line with the announcement made in the Union Budget, Finance Minister Nirmala Sitharaman on Thursday formally launched the facility for instant allotment of PAN on a near-to-real-time basis.
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CBDT clarification on issue of certificates for collection of TDS, TCS
Updated : 6 years, 2 months ago IST
New Delhi [India], April 10 (ANI): To mitigate the hardships to taxpayers, Central Board of Direct Taxes (CBDT) on Thursday provided clarification on orders under Section 119 of the Income-Tax Act, 1961 issued relating to the issue of certificates for lower deduction/collection of TDS/TCS.
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I-T Dept extends deadline for filing TDS exemption forms
Updated : 6 years, 3 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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Officers, staff of IT Dept pledge one day's salary to PM-CARES Fund
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 31 (ANI): All the employees of the Income Tax (IT) Department on Tuesday pledged to contribute their one day's salary to PM-CARES Fund constituted by Prime Minister Narendra Modi to combat the coronavirus outbreak situation in the country.
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CBDT eases process of issuing certificates for collection of TDS, TCS
Updated : 6 years, 3 months ago IST
New Delhi [India] Mar 31 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday issued notification easing the process of issuing certificates for lower rate/nil deduction/collection of TDS or TCS with reference to the financial year 2020-21.
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Coronavirus: SC stays orders preventing action against non-payment of taxe
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 20 (ANI): The Supreme Court on Friday stayed Kerala and Allahabad High Court orders, which directed banks, financial institutions, income tax department and GST authorities to defer recovery proceedings or coercive measures till April 6 in the states in light of the
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Chhattisgarh govt refutes media reports on I-T raids
Updated : 6 years, 3 months 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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Income Tax Dept unearths huge defaults of TDS
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 4 (ANI): In a major breakthrough, the TDS wing of the Income Tax Department has unearthed default of tax deducted at source (TDS) of Rs. 324 crore in the case of a major telecom operator in Delhi, Finance Ministry said on Wednesday.
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IT raids at former Congress MLA's premises in Faridabad, Gurugram
Updated : 6 years, 4 months ago IST
Faridabad/Gurugram (Haryana) [India], Mar 4 (ANI): Income Tax Department on Wednesday conducted raids at the premises of former Congress MLA Lalit Nagar in Faridabad and Gurugram.
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I-T raid at residence of CM Baghel's aide in Durg
Updated : 6 years, 4 months ago IST
Durg (Chhattisgarh) [India], Mar 3 (ANI): The Income Tax Department raid at the Durg residence of Soumya Chaurasia, the Deputy Secretary of Chief Minister Bhupesh Baghel, has continued for over 20 hours.
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IT Dept conducts raids on hawala dealers, businessmen in Chhattisgarh, rev
Updated : 6 years, 4 months ago IST
Raipur (Chhattisgarh) [India], Mar 2 (ANI): Based on intelligence inputs, the Income Tax Department has conducted raids on a group of individuals, hawala dealers, and businessmen in Chhattisgarh's Raipur and revealed "unaccounted cash" from liquor and mining businesses that were being pai
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