Tax

Government Says E-Filing Portal Now Stable, 2 Crore Returns Filed

Government Says E-Filing Portal Now Stable, 2 Crore Returns Filed

Edited by Animesh Singh | Thursday October 14, 2021

Government has said that more than two crore income tax returns have been filed through e-filing portal and it has "substantially stabilised"

Income Tax Department To Accept Pending Settlement Cases Till September 30

Income Tax Department To Accept Pending Settlement Cases Till September 30

Written by Animesh Singh | Wednesday September 29, 2021

Central Board of Direct Taxes has directed the income tax department to accept all pending tax settlement cases applications till September 30, 2021

Deadline For Infosys To Fix Income Tax E-Filing Portal Ends Today

Deadline For Infosys To Fix Income Tax E-Filing Portal Ends Today

Edited by Animesh Singh | Wednesday September 15, 2021

The September 15, 2021 deadline which had been given to IT giant Infosys for fixing the problems on the e-filing portal, will expire today.

Government Says It Is Engaged With Infosys To Resolve E-Filing Portal Issues

Government Says It Is Engaged With Infosys To Resolve E-Filing Portal Issues

Edited by Animesh Singh | Thursday September 09, 2021

Amid glitches being reported in the income tax filing e-portal, the Income Tax Department has said that it is continuously engaged with Infosys.

1.19 Crore Income Tax Returns Filed For Current Fiscal, Daily Average At 3.2 Lakh

1.19 Crore Income Tax Returns Filed For Current Fiscal, Daily Average At 3.2 Lakh

Edited by Nikita Prasad (With inputs from Agencies) | Wednesday September 08, 2021

ITR Filing 2021-22: The daily average of taxpayers logging into the income tax e-filing portal has increased to 15.55 lakh and the daily average of ITRs filed has increased to 3.2 lakh.

Government Allows Taxpayers To File Pending Cases Applications Till September 30

Government Allows Taxpayers To File Pending Cases Applications Till September 30

Edited by Animesh Singh | Wednesday September 08, 2021

The Finance Ministry has given time till September 30, 2021 to taxpayers for filing applications before the Interim Board of Settlement.

Rules Amended To Ease Verification Of Records Submitted In Faceless Tax Assessment

Rules Amended To Ease Verification Of Records Submitted In Faceless Tax Assessment

Edited by Animesh Singh | Tuesday September 07, 2021

Central Board of Direct Taxes has said that rules have been eased to ensure that document verification of faceless assessees is done electronically.

Income Tax Refunds Worth Rs 67,401 Crore Disbursed To 24 Lakh Taxpayers In 2021-22

Income Tax Refunds Worth Rs 67,401 Crore Disbursed To 24 Lakh Taxpayers In 2021-22

Edited by Animesh Singh | Sunday September 05, 2021

Refunds worth Rs 67,401 crore have been issued by the Central Board of Direct Taxes to around 24 lakh taxpayers between April 1 and August 30, 2021.

Provident Fund To Be Split Into 2 Accounts - Taxable And Non-Taxable

Provident Fund To Be Split Into 2 Accounts - Taxable And Non-Taxable

Reported by Sunil Prabhu, Edited by Animesh Singh | Thursday September 02, 2021

Central Board of Direct Taxes (CBDT) has issued the rules and separate accounts within the PF account shall be maintained.

Income Tax Department Seeks Responses From Taxpayers To Expedite Refunds For 2020-21

Income Tax Department Seeks Responses From Taxpayers To Expedite Refunds For 2020-21

Edited by Animesh Singh | Monday August 30, 2021

ITR 2020-21: Taxpayers have been urged by the income tax department to send online responses so that their refunds can be expedited.

Central Board Of Direct Taxes Extends Dates For Filing Of Various Forms: See Details Here

Central Board Of Direct Taxes Extends Dates For Filing Of Various Forms: See Details Here

Edited by Animesh Singh | Sunday August 29, 2021

Keeping in mind the difficulties being faced by taxpayers in filing various taxes, CBDT has extended dates for electronically filing of these taxes.

Centre Extends Deadline Of Tax Payment Under Vivad Se Vishwas Scheme Till September 30, 2021

Centre Extends Deadline Of Tax Payment Under Vivad Se Vishwas Scheme Till September 30, 2021

Edited by Animesh Singh | Sunday August 29, 2021

The scheme provides for settlement of disputed tax, disputed interests, disputed penalty or disputed fees.

Infosys CEO Summoned By Finance Minister Over Income Tax Portal Issue

Infosys CEO Summoned By Finance Minister Over Income Tax Portal Issue

Edited by Animesh Singh | Sunday August 22, 2021

Finance Ministry has summoned the CEO of Infosys, Salil Parekh on August 23, to give an explanation over continuing glitches in the e-filing portal.

Income Tax Department To Refund Late Fees Amount, Excess Interest To Taxpayers

Income Tax Department To Refund Late Fees Amount, Excess Interest To Taxpayers

Edited by Animesh Singh | Thursday August 12, 2021

The Income Tax Department has said that it will refund all late fees amount and excess interest paid by taxpayers while filing returns for 2020-21.

Excess Interest, Late Fee Paid While Filing ITR For 2020-21 To Be Refunded

Excess Interest, Late Fee Paid While Filing ITR For 2020-21 To Be Refunded

Press Trust of India | Wednesday August 11, 2021

The Income Tax Department on Wednesday said it will refund the excess interest and late fee paid by taxpayers due to software error while filing ITR for 2020-21.