Tue, Jul 02, 2024
Income Tax Refund means refund of additional tax collected by the Income Tax Department. This tax goes to the Income Tax Department through TDS, TCS, advance tax or self assessment tax.
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Sat, Jun 29, 2024
In a stock exchange filing, the fast-moving consumer goods (FMCG) major said the “demand is not maintainable and it is in the process of preferring an appeal and rectification against the said order”.
Sat, May 27, 2023
Suggestions/Comments have been invited from stakeholders & general public on the draft rules, which can be sent to ustpl2@nic.In, latest by June 5, 2023, the Central Board of Direct Taxes (CBDT) tweeted.
Tue, Dec 27, 2016
The IT department has send notices to car dealers asking them for information on the sales of luxury cars from November 8 onwards.
Thu, Dec 22, 2016
The Income Tax Department (IT) has identified 67.54 lakh non-filers for financial year 2014-15, it said in a statement.
Mon, Nov 21, 2016
The Income Tax department has come under tremendous pressure on account of shortage of staff and they may only focus on catching the big time tax evaders in the country.
Wed, Nov 09, 2016
Total direct tax collections in October were Rs 3.77 lakh crore which is 10.6% more than the net collections for the corresponding period last year, Income Tax department said in a release on Wednesday.
Thu, Jul 21, 2016
The reported transactions include cash deposits of Rs 10 lakh or more deposited in a savings bank account or sale/purchase of immovable property valued at Rs 30 lakh or more, etc.
Wed, Jul 20, 2016
Even if there is no income tax that you are required to pay after claiming deductions, you still need to file your tax returns as long as your gross income is Rs 2.5 lakh or more.
Wed, Jun 22, 2016
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Tue, Apr 19, 2016
The CBDT had notified the new forms on March 30 and ITRs can be filed till the stipulated deadline of July 31.
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