Income Tax Department

As a row erupted over the TMC's claim of a "raid" by income tax officials targeting a helicopter used by Abhishek Banerjee, I-T department sources claimed on Sunday that there was no enforcement action such as search or survey.

The Income Tax department on Thursday said ITRs 1, 2, 4 and 6 have been made available on e-filing portal from April 1, 2024, and about 23,000 returns have already been filed for the 2023-24 fiscal year.

The country's largest two-wheeler maker Hero MotoCorp on Thursday said it has received demand notices from the Income Tax department for around Rs 605 crore, including interest, for six assessment years.

Tax Calendar For April 2024: Here's a look at the due dates and deadlines as per the income tax department.

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order.

Infosys expects a refund of Rs 6,329 crore from the Income Tax Department, the country's second largest IT services company said. It also informed the stock exchanges about tax demand to the tune of Rs 2,763 crore, citing various assessment orders.

The Congress' claims of "tax terrorism" based on fresh notices from the Income Tax department have been strongly countered by sources in the government agency, who have pointed out that incriminating material had been seized.

The Communist Party of India (CPI) received a notice from the Income Tax Department sometime back regarding some discrepancies due to the use of old PAN cards by some state units of the Communist Party of India, said General Secretary of CPI, D Raja.

The Congress has received a Rs 1,700 crore notice from the Income Tax Department, a day after the Delhi High Court dismissed the party's petition challenging the tax notices, according to sources.

The Delhi High Court today dismissed Congress party's pleas challenging the reassessment proceedings initiated against it by the Income Tax Department.

The company said it reasonably expects favourable orders from the appellant authorities.

Income Tax 2024 Alert: The Income Tax Department urges all taxpayers to settle their advance tax dues before the deadline. Failure to do so can lead to interest charges under sections 234B and 234C of the Income Tax Act.

The Income Tax Department has been conducting searches on premises linked to tyre manufacturer Balkrishna Industries Ltd. since Monday, an exchange filing has revealed. The premises include office buildings and manufacturing units.

E-Campaign: The income tax department is asking those taxpayers, whose returns show a mismatch with income, to pay advance tax by March 15.

In a big setback for the Congress just weeks ahead of the Lok Sabha elections, the Income Tax Appellate Tribunal has refused to accept the party's petition to stop the department's action against its bank accounts.

As a row erupted over the TMC's claim of a "raid" by income tax officials targeting a helicopter used by Abhishek Banerjee, I-T department sources claimed on Sunday that there was no enforcement action such as search or survey.

The Income Tax department on Thursday said ITRs 1, 2, 4 and 6 have been made available on e-filing portal from April 1, 2024, and about 23,000 returns have already been filed for the 2023-24 fiscal year.

The country's largest two-wheeler maker Hero MotoCorp on Thursday said it has received demand notices from the Income Tax department for around Rs 605 crore, including interest, for six assessment years.

Tax Calendar For April 2024: Here's a look at the due dates and deadlines as per the income tax department.

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order.

Infosys expects a refund of Rs 6,329 crore from the Income Tax Department, the country's second largest IT services company said. It also informed the stock exchanges about tax demand to the tune of Rs 2,763 crore, citing various assessment orders.

The Congress' claims of "tax terrorism" based on fresh notices from the Income Tax department have been strongly countered by sources in the government agency, who have pointed out that incriminating material had been seized.

The Communist Party of India (CPI) received a notice from the Income Tax Department sometime back regarding some discrepancies due to the use of old PAN cards by some state units of the Communist Party of India, said General Secretary of CPI, D Raja.

The Congress has received a Rs 1,700 crore notice from the Income Tax Department, a day after the Delhi High Court dismissed the party's petition challenging the tax notices, according to sources.

The Delhi High Court today dismissed Congress party's pleas challenging the reassessment proceedings initiated against it by the Income Tax Department.

The company said it reasonably expects favourable orders from the appellant authorities.

Income Tax 2024 Alert: The Income Tax Department urges all taxpayers to settle their advance tax dues before the deadline. Failure to do so can lead to interest charges under sections 234B and 234C of the Income Tax Act.

The Income Tax Department has been conducting searches on premises linked to tyre manufacturer Balkrishna Industries Ltd. since Monday, an exchange filing has revealed. The premises include office buildings and manufacturing units.

E-Campaign: The income tax department is asking those taxpayers, whose returns show a mismatch with income, to pay advance tax by March 15.

In a big setback for the Congress just weeks ahead of the Lok Sabha elections, the Income Tax Appellate Tribunal has refused to accept the party's petition to stop the department's action against its bank accounts.