Tue, May 28, 2024
According to income tax laws, if a Permanent Account Number (PAN) is not linked to a biometric Aadhaar, TDS must be deducted at double the appropriate rate.
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Mon, Dec 27, 2021
Over 4.51 crore income tax returns for 2020-21 were filed till December 26, the I-T department said on Monday.
Fri, Jun 25, 2021
The Centre on Friday announced income-tax exemption on the amount received by a taxpayer from his/her employer or from any other person for the treatment of Covid-19 during FY 2019-20 and subsequent years.
Wed, Dec 07, 2016
The Income Tax Department (I-T) has carried out investigations into over 400 cases post-demonetisation seizing as much as Rs 130 crore in cash and jewellery, an official statement said on Tuesday.
Sun, Oct 02, 2016
The Comptroller and Auditor General of India (CAG) may audit the just ended black money disclosure scheme for the process followed and how well it performed, but will not get into the disclosures made.
Wed, Sep 28, 2016
With two more days left for the Income Declaration Scheme (IDS) to come to a close on September 30, the government has extended the working hours for receiving such declarations, an official said.
Sun, Aug 28, 2016
Keen to bring down the number of tax litigations, the I-T Department will soon write to over 2.59 lakh taxpayers asking them to avail the one-time dispute resolution scheme to settle their cases.
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