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Latest Articles in i t department

Over 4.43 Cr ITRs Filed Till Dec 25 For FY'21

The department has been reminding taxpayers to file their returns for FY2020-21 by sending SMSes and emails.

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I-T Dept Issues Refunds Worth Rs 37,050 Cr Till July 5

Personal income tax refund stood at Rs 10,408 crore, while that of corporates was Rs 26,642 crore.

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Cooperating With I-T Dept: JBM Group After Cash, Gold Recovery

The department had conducted raids at about 30 locations in Delhi, Gurgaon and few other cities in north India as part of its operation to check tax evasion

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I-T Dept Asks FIs To Get Accounts Self-certified By 30 April

The tax department asked financial institutions (FIs) to get self-certification from account holders by April 30 to comply with FATCA provision and avoid blocking of accounts.

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Girija Vaidyananthan Replaces Rama Mohana Rao As Tamil Nadu Chief Secretary

Vaidyanathan shall also hold full additional charge of the post of Vigilance Commissioner and Commissioner for Administrative Reforms, previously held by Rao

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I-T Dept Cautions Taxpayers Against Sharing User ID, Password

The Income Tax Department has warned taxpayers against sharing their user ID and password with any unauthorised person, saying they too will be liable to face consequences for misuse of their confidential information

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LPG Subsidy: I-T To Inform Oil Min On Taxpayers Earning Over Rs 10 Lakh

The Income Tax department will soon begin sharing personal data - like PAN, residential address and mobile number - of a taxpayer earning over Rs 10 lakh per annum with the Oil Ministry as part of government's initiative to effectively block subsidised cooking gas to higher income groups

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Income Tax Department Slaps Rs 29,000 Cr Tax Demand Notice On Cairn Energy

The tax demand notice came at a time when the government had insisted that it will not raise any fresh tax demand using retrospective tax legislation.

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Freedom 251 Maker Ringing Bells Comes Under Excise, I-T Departments' Scanner

Ringing Bells, makers of the world's cheapest smartphone, has come under the scanner of excise and income tax departments as debates around the feasibility of offering a Rs 251 handset rages on

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