Cbdt

Indian Revenue Service (IRS) officer Nitin Gupta has been appointed as the new CBDT chairman, a recent government order said.

The income tax department has announcement TDS disclosure requirements for cryptocurrency, virtual digital assets. From July 1, 1 percent TDS will be charged on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year.

The Income Tax department has detected a "large-scale tax evasion" of over Rs 400 crore after recently raiding a Tamil Nadu-based group engaged in liquor manufacturing and hospitality, the Central Board of Direct Taxes (CBDT) said on Monday.

Net direct tax collections grew 45 per cent till mid-June this fiscal

Sangeeta Singh, the chairperson of CBDT has said that FAQs around crypto taxations in India will be released around July 1. These FAQs will help the Indian crypto community get clarifications on the taxation of virtual digital assets. As per Sangeeta Singh, the chairperson of CBDT, these FAQs will be released around July 1.

The Central Board of Direct Taxes Chairperson Sangeeta Singh has confirmed that Infosys has been working to resolve issue of the e-filing website, while adding that there no breach of data happened.

The Central Board of Direct Taxes (CBDT) had announced these rules on May 10.

Direct tax collections surged to Rs 14.09 lakh crore in 2021-22 registering a year-on-year growth of 49.02 per cent

The Multi-Agency Group has started cracking down on wealthy Indians named in the investigative report

The Income Tax department has detected undisclosed income of about Rs 224 crore after it recently raided a unicorn start-up group based in Pune and Thane in Maharashtra, the CBDT said on Sunday.

Tax collections from personal and corporate income jumped nearly 50 per cent in the current fiscal year so far, with over a 40 per cent surge in advance tax payments, underscoring a healthy economic recovery from the pandemic spanning two waves of coronavirus infections.

The Income-tax department has detected a "cash" turnover of Rs 600 crore in six months after it raided a Mumbai-based business group engaged in online cricket betting and gaming, the CBDT said on Friday.

Income tax department on Wednesday said that more than 4.50 crore ITRs have been processed so far out of the total 6.26 crore ITRs filed for 2020-21

The Central Board of Direct Taxes (CBDT) has issued tax refunds of Rs 1.71 lakh crore to nearly two crore taxpayers in the current financial year till February 14, the Income Tax Department said on Wednesday.

A taxpayer would be permitted to file only one updated return for an assessment year, chairman of CBDT, J B Mohapatra said

Indian Revenue Service (IRS) officer Nitin Gupta has been appointed as the new CBDT chairman, a recent government order said.

The income tax department has announcement TDS disclosure requirements for cryptocurrency, virtual digital assets. From July 1, 1 percent TDS will be charged on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year.

The Income Tax department has detected a "large-scale tax evasion" of over Rs 400 crore after recently raiding a Tamil Nadu-based group engaged in liquor manufacturing and hospitality, the Central Board of Direct Taxes (CBDT) said on Monday.

Net direct tax collections grew 45 per cent till mid-June this fiscal

Sangeeta Singh, the chairperson of CBDT has said that FAQs around crypto taxations in India will be released around July 1. These FAQs will help the Indian crypto community get clarifications on the taxation of virtual digital assets. As per Sangeeta Singh, the chairperson of CBDT, these FAQs will be released around July 1.

The Central Board of Direct Taxes Chairperson Sangeeta Singh has confirmed that Infosys has been working to resolve issue of the e-filing website, while adding that there no breach of data happened.

The Central Board of Direct Taxes (CBDT) had announced these rules on May 10.

Direct tax collections surged to Rs 14.09 lakh crore in 2021-22 registering a year-on-year growth of 49.02 per cent

The Multi-Agency Group has started cracking down on wealthy Indians named in the investigative report

The Income Tax department has detected undisclosed income of about Rs 224 crore after it recently raided a unicorn start-up group based in Pune and Thane in Maharashtra, the CBDT said on Sunday.

Tax collections from personal and corporate income jumped nearly 50 per cent in the current fiscal year so far, with over a 40 per cent surge in advance tax payments, underscoring a healthy economic recovery from the pandemic spanning two waves of coronavirus infections.

The Income-tax department has detected a "cash" turnover of Rs 600 crore in six months after it raided a Mumbai-based business group engaged in online cricket betting and gaming, the CBDT said on Friday.

Income tax department on Wednesday said that more than 4.50 crore ITRs have been processed so far out of the total 6.26 crore ITRs filed for 2020-21

The Central Board of Direct Taxes (CBDT) has issued tax refunds of Rs 1.71 lakh crore to nearly two crore taxpayers in the current financial year till February 14, the Income Tax Department said on Wednesday.

A taxpayer would be permitted to file only one updated return for an assessment year, chairman of CBDT, J B Mohapatra said