IT Department to mount Advance Tax e-campaign for 2023-24
The Income Tax Department has received certain information on specific financial transactions undertaken by persons/entities during 2023-24.
The Income Tax Department has received certain information on specific financial transactions undertaken by persons/entities during 2023-24.
The Income Tax department, under Project Panther, is unearthing benami properties of jailed gangster-turned politician Mukhtar Ansari.
Over 2.99 crore ITR-1 (filed by resident individuals having income less than Rs 50 lakh in a year) were filed till January 10 this year, lower than the 3.11 crore filed till September 10, 2019.
To increase the ease of compliance for taxpayers, the IT Department has moved forward with prefilling of income tax returns to make compliance more convenient for individual taxpayers. Compliance norms for startups have also been simplified.
Central Board of Direct Taxes (CBDT) has been fast-tracking refund payments to help taxpayers in the COVID-19 pandemic situation and has till date issued nearly 14 lakh refunds.
A total of Rs 85.2 crore in cash, bullion and jewelley have been seized by the Income Tax Department after…
The Income Tax Department has launched an ‘online chat’ service for taxpayers so that they can seek answers to their…
Keeping in view the importance of Digital Literacy Programme to reap the benefits of demographics advantage and spread it to…