Page 21 of income tax department News

Over 50,000 employees of the Income Tax Department will go on a day-long countrywide strike on Thursday to press for…
With the black money scheme turning into a big embarrassment for Narendra Modi and the BJP, the PM must tell…
The Narendra Modi government today said it received an amount of Rs 3,770 crore from 638 declarations under the one-time…

In welcome news for taxpayers, the IT department has decided to launch a new system of issuing email notices to…
The linking of income tax return filing to Aadhaar by the Income-Tax Department is a good example for EPFO, Election…
The Income Tax Department has asked all tax payers to make appropriate use of Tax Return Preparers (TRPS) to file…
Sitting on the A P Shah panel recommendations on MAT will only add to the confusion. FM Arun Jaitley should…
HC order had exempted Mauritius-based Copal Group from capital gains tax liability in India

The tax department, yesterday, made fully operational its e-filing website for taxpayers to file their I-T returns for assessment year…
The income tax (I-T) department has given chief commissioners of income tax (CCIT) the power to decide whether or not…
The Income Tax (I-T) department on Tuesday said it will wait for the apex court’s ruling before pursuing the matter…

I-T department asked to await final outcome of Castleton Investments’ case pending at SC and law commission decision before proceeding…
Protection from further scrutiny to be limited to foreign income disclosed during compliance window

The income tax department had sent 68 notices involving tax worth Rs 602.83 crore.

New Income Tax return forms: The government had also extended the time limit for filing these returns up to August…

The Income Tax department plans to take stringent action against the tax evaders to ensure that they are prosecuted.

According to the Income-Tax Act, companies are required to pay 15 per cent of their total advance tax in the…

The income tax department has provided a huge relief to individuals and HUFs by simplifying the return forms, which had…