Search For "income tax"
Pegasus probe among 11 demands raised by opposition parties, to hold joint
Updated : 4 years, 10 months ago IST
New Delhi [India], August 21 (ANI): Congress president Sonia Gandhi and leaders of 18 other political parties on Friday launched a strong attack on the Narendra Modi government accusing it of "destruction of economy" and demanded Supreme Court-monitored judicial probe into the use of Pega
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Income Tax Department conducts searches in NCR
Updated : 4 years, 10 months ago IST
New Delhi [India], August 17 (ANI): The Income Tax Department on Monday conducted searches on a company engaged in trading of telecom equipment for various telecom players in India and identified tax liability of hundreds of crores and recovered unaccounted cash of more than Rs 62 lakh on th
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Net direct tax collection grew by 95 pc to Rs 3.40 lakh Cr in FY 21-22, sa
Updated : 4 years, 11 months ago IST
New Delhi [India], August 11 (ANI): India's Net direct tax collection grew by 95 per cent in the financial year 2021-22 thereby reaching Rs 3.40 lakh crore, said Chairperson of Central Board of Direct Taxes, JB Mohapatra while remaining reasonably optimistic of achieving the target numbers.
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Discussion with litigants will happen after law to nullify retrospective t
Updated : 4 years, 11 months ago IST
New Delhi [India], August 10 (ANI): The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision and will impact retro tax cases of Cairn Energy and Vodafone.
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CBDT refunds 45,000 crore to 21 lakh Indian taxpayers
Updated : 4 years, 11 months ago IST
New Delhi [India], August 7, (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of Rs 45,897 crore to 21.32 lakh taxpayers between April 1 and August 2, said the Income Tax Department of India on Saturday.
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CBDT extends due dates for electronic filing of various forms under Income
Updated : 4 years, 11 months ago IST
New Delhi [India], August 3 (ANI): The Central Board of Direct Taxes (CBDT) has extended the due dates for electronic filing of various forms under the Income-tax Act, 1961 considering the difficulties reported by the taxpayers and other stakeholders in the electronic filing of certain Forms
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Income Tax department conducts searches in Kanpur
Updated : 4 years, 11 months ago IST
Kanpur (Uttar Pradesh) [India], July 30 (ANI): A total of 31 premises were searched spread across Kanpur, Noida, Ghaziabad, Delhi, and Kolkata after the Income Tax Department carried out a search action on Thursday on a Kanpur and Delhi-based large group in the business of producing Pan Masa
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Income Tax department conducts searches on Jharkhand realty group, Rs 50 c
Updated : 4 years, 11 months ago IST
New Delhi [India], July 29 (ANI): Income Tax Department carried out searches on properties of a prominent group in Jharkhand dealing in building construction and real estate, the Central Board of Direct Taxes (CBDT) said on Thursday.
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Income tax searches on prominent business group have found 'cyclical tradi
Updated : 4 years, 11 months ago IST
New Delhi [India], July 24 (ANI): The government has said that searches by the Income Tax Department on a prominent business group has found "cyclical trading and transfer of funds among group companies engaged in unrelated businesses" and that companies have been operated "in names of emplo
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Income tax dept conducts searches on group in UP, seizes over Rs 3 crore c
Updated : 4 years, 11 months ago IST
New Delhi [India], July 24 (ANI): The Ministry of Finance on Saturday said that the Income Tax Department carried out a search operation on a group in Uttar Pradesh and seized cash of more than Rs 3 crore.
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Assessees can soon interact with tax officer in virtual conference facilit
Updated : 4 years, 11 months ago IST
New Delhi [India], July 24 (ANI): Faceless assessment system will soon have the facility of a virtual conference where assessees can interact with tax officers and represent their cases and grievances.
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Taxpayers deserve recognition for contribution to nation's progress: Sitha
Updated : 4 years, 11 months ago IST
New Delhi [India], July 24 (ANI): Honest taxpayers deserve to be recognised for the contribution they are making to the progress of the nation by dutifully paying their due share of taxes, said union finance minister Nirmala Sitharaman on Saturday.
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