The Ministry of Finance on Sunday said that the income tax department has received information on specific financial transactions undertaken by people...
The Central Board of Direct Taxes (CBDT) said in some ITRs filed for A.Y. 2021-22 (F.Y. 2020-21), a ‘mismatch’ has been identified,...
Congress Bank Accounts Frozen: The Congress on Friday claimed that its bank accounts along with the accounts of its youth wing, Youth Congress,...
The Income Tax department is scrutinizing the discrepancies between employer-calculated and employee-claimed tax data, intensifying its scrutiny to ensure accuracy. Through meticulous...
To qualify for a revised return, the original return must have been filed by the due date, which was July 31, 2023...
The newly revamped website was launched by the Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta at the ‘Chintan Shivir’, organised...
New Delhi: The Income Tax Department has updated the rules for calculating the income from life insurance policies where the annual premium exceeds...
People on social media are pointing to heavy rainfall in various parts of the country and technical problems with the ITR portal...
Mumbai: In a relief for industrialist Anil Ambani, the Bombay High Court on Friday restrained the Income Tax department from taking any...
This includes 1.70 crore refunds of the 2020-21 fiscal ended March 31, 2021, amounting to Rs 34,202.31 crore. New Delhi: The income...