Search For "tax department"
CBDT issues refunds of Rs 98,625 cr to over 26.2 lakh taxpayers till Sep 1
Updated : 5 years, 10 months ago IST
New Delhi [India], September 2 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday issued refunds of over Rs 98,625 crores to over 26.2 lakh taxpayers between April 1 and September 1.
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Supreme Court refuses to stay income tax proceedings against DK Shivakumar
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 27 (ANI): The Supreme Court on Thursday refused to stay income tax proceedings against Karnataka Congress chief D K Shivakumar in connection with a tax avoidance case.
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CBDT issues refunds of over Rs 95,853 crore to more than 25.55 lakh taxpay
Updated : 5 years, 10 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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Income Tax department seizes property worth Rs 1.8 crore in Bhopal
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 21 (ANI): The Income Tax Department carried out a search and seizure operation on Thursday at various locations in Bhopal where property worth Rs 1.8 crore were seized, the Central Board of Direct Taxes (CBDT) said.
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Faceless, seamless, painless I-T reform has potential to put India at the
Updated : 5 years, 11 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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IT Department searches premises of Chinese entities
Updated : 5 years, 11 months ago IST
New Delhi [India], Aug 11 (ANI): Based on credible information regarding Chinese individuals and their associates being involved in money laundering and hawala, the Income Tax Department on Tuesday carried out searches on the premises of Chinese entities, their confederates and some bank emp
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Govt extends due date for filing Income Tax Returns till September 30 for
Updated : 5 years, 11 months ago IST
New Delhi [India], July 30 (ANI): In view of the constraints due to the COVID-19 pandemic and to further ease compliances for taxpayers, Central Board of Direct Taxes (CBDT) extends the due date for filing of Income Tax Returns for FY 2018-19(AY 2019-20) from July 31 to September 30, 2020, a
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UP govt urges I-T department, ED to probe Vikas Dubey's close aide Jay Vaj
Updated : 5 years, 11 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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PTC India Financial Services to get tax refund of Rs 135 cr
Updated : 5 years, 11 months ago IST
New Delhi [India], July 27 (ANI): PTC India Financial Services said on Monday that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund of Rs 134.91 crore.
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Late coffee baron Siddhartha routed Rs 2,693 crore from Coffee Day to anot
Updated : 5 years, 11 months ago IST
Bengaluru (Karnataka) [India], July 25 (ANI): A year-long probe by Coffee Day Enterprises Ltd (CDEL) has found that its late founder V G Siddhartha routed Rs 2,693 crore out of the company to Mysore Amalgamated Coffee Estates Ltd (MACEL), another privately-owned entity of him.
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Finance Minister Sitharaman lauds IT Department for being responsive to pe
Updated : 5 years, 11 months ago IST
New Delhi [India], July 24 (ANI): Union Finance Minister Nirmala Sitharaman lauded the IT Department "for being responsive to people" as the Central Board of Direct Taxation (CBDT) observes 160th Income Tax day towards nation-building.
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Over 7,000 income tax cases disposed of through faceless assessment system
Updated : 5 years, 12 months ago IST
New Delhi [India], July 19 (ANI): The Income Tax department has disposed of as many as 7,000 cases under the first phase of the faceless assessment system, a highly placed source in the Finance Ministry said on Sunday.
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