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Latest Articles in income tax department

Govt Extends Due Date For FY20 ITR Filing By Individuals Till 10 January 2021

The government had earlier extended various due dates for filing ITRs for FY 2019-20 from July 31 to December 31, to give compliance relief to taxpayers due to the COVID-19 pandemic.

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Tax Tribunal Upholds Tax-Exempt Status Of Tata Trusts; Censures Mistry

The income tax department had based its action on the premise that charitable trusts claiming tax-exempt status are prohibited from buying and selling shares and benefitting from such activity.

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Income Tax department conducts search operations against three companies

Income Tax department conducts search operations against three companies

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Avoiding response to notices would bring tax evaders under I-T lens

Avoiding response to notices would bring tax evaders under I-T lens

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IT dept raids 15 premises of Tamil Nadu based group, seizes Rs 21 cr unaccounted cash

IT dept raids 15 premises of Tamil Nadu based group, seizes Rs 21 cr unaccounted cash

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Income Tax Dept Conducts Raids In Tamil Nadu, Detects Evasion Of Over Rs 700 Crores Income

The searches, which were conducted based on intelligence input about tax evasion, were conducted at a business group involves in business activities include cement manufacturing, logistics, construction, among others.

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Income Tax department conducts search and survey in Assam, Delhi

Income Tax department conducts search and survey in Assam, Delhi

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Tamil Nadu: I-T dept raids in SEZ case unearths undisclosed income of over Rs 450 cr

Tamil Nadu: I-T dept raids in SEZ case unearths undisclosed income of over Rs 450 cr

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CBDT issues refunds of over Rs 1,36,962 crores to taxpayers between April-November 2020

CBDT issues refunds of over Rs 1,36,962 crores to taxpayers between April-November 2020

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I-T Dept conducts searches at 16 locations in northern India in connection with leading cattle feed producer

I-T Dept conducts searches at 16 locations in northern India in connection with leading cattle feed producer

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Income tax relief for real-estate developers, home buyers announced under Aatmanirbhar Bharat Package 3.0

Income tax relief for real-estate developers, home buyers announced under Aatmanirbhar Bharat Package 3.0

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I-T dept raids Tamil Nadu wholesale bullion dealer, unearths undisclosed income of over Rs 500 cr

I-T dept raids Tamil Nadu wholesale bullion dealer, unearths undisclosed income of over Rs 500 cr

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Income Tax dept raids in Tamil Nadu unearths unaccounted income of around Rs 1,000 crores

The CBDT said this has resulted in a benefit of almost Singaporean dollars 7 crore, which is around Rs 200 crore, in the hands of the company belonging to the searched group, which was not disclosed by it in its return of income and also in the FA Schedule.

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Income Tax department unearths bogus investments worth Rs 150 cr of West Bengal coal trading company

Income Tax department unearths bogus investments worth Rs 150 cr of West Bengal coal trading company

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I-T dept raids Vyapak Enterprises offices in Bhopal, Raipur

I-T dept raids Vyapak Enterprises offices in Bhopal, Raipur

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