Income Tax Department.

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

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

The Crime Branch team seized the demonetised notes and promptly informed the Election Commission and the Income Tax Department. Their ongoing investigation aims to determine whether these notes were intended for distribution among villagers.

Taxpayers may claim any excess payment of tax by submitting an income tax return (ITR) to the Income Tax (I-T) Department. Those who submitted income tax returns (ITRs) for FY 202122 have now either received or are expecting their ITR refunds since the deadline for ITRs for AY 202223 has passed.

Any discrepancy in the information submitted in the tax return and details of Annual Income Statement (AIS) and Taxpayer Information Summary (TIS) may invite a notice from the Income Tax Department.

Maharashtra minister Aaditya Thackeray's close aide has been raided by the Income Tax Department. The raids are going on at Shiv Sena member Rahul Kanal's premises.

This exemption for receiving cash payment of over Rs 2 lakh amid COVID-19 treatment is made only for the period between April 1 -May 31, 2021, said the Income Tax department.

Three months to go for the release of VK Sasikala -- the aide of former Tamil Nadu Chief Minister J Jayalalithaa -- from jail, her assets to the tune of Rs 1,500 crore has been frozen by the Income Tax department. The assets are located in the Kodanad and Siruthavur areas of Tamil Nadu, the department said.

Shareholders falling lower tax brackets pay lesser taxes on dividend income, whereas those in higher tax brackets lead to more revenue for the tax department.

December 31 is no longer the last date to link your Aadhaar card with PAN or Permanent Account Number. The last date to link both the personal identification numbers now is March 31, according to a Twitter post by the Central Board of Direct Taxes, the top policy-making body of the Income Tax Department. This marks the eighth extension in the due d...

Aadhaar-PAN Linking Last Date: The government in September this year extended the due date for linking the PAN with the Aadhaar by three months, marking the seventh extension in the due date for the public to link the two identification numbers. Aadhaar or Unique Identity Number is a 12-digit number issued by the Unique Identification Authority of ...

Rajasthan Chief Minister Ashok Gehlot today said there is an undeclared emergency in the country and the Centre has intimidated the entire nation through ED, CBI and Income Tax Department.

The last date for filing of income tax returns for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Last month, the government extended the original deadline of July 31 by one month, announcing August 31 as the new deadline. That means, those looking to file their income tax return (ITR) without having to bear any penalty charge...

PAN card correction online: PAN is a 10-digit alphanumeric identification number issued by the Income Tax Department. It helps the taxman link all transactions made by the assessee with itself. These transactions include tax payments, deduction or credit of tax at source (TDS or TCS) and income tax returns.

Last week itself, the Central Board of Direct Taxes (CBDT) extended the ITR filing deadlineto August 31, 2019, from the previous ITR filing deadline of July 31, 2019. It was reported that some of the taxpayers were facing difficulties in filing their ITR due to various reasons including extension of due date for issue of Form 16 for assessment year...

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

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

The Crime Branch team seized the demonetised notes and promptly informed the Election Commission and the Income Tax Department. Their ongoing investigation aims to determine whether these notes were intended for distribution among villagers.

Taxpayers may claim any excess payment of tax by submitting an income tax return (ITR) to the Income Tax (I-T) Department. Those who submitted income tax returns (ITRs) for FY 202122 have now either received or are expecting their ITR refunds since the deadline for ITRs for AY 202223 has passed.

Any discrepancy in the information submitted in the tax return and details of Annual Income Statement (AIS) and Taxpayer Information Summary (TIS) may invite a notice from the Income Tax Department.

Maharashtra minister Aaditya Thackeray's close aide has been raided by the Income Tax Department. The raids are going on at Shiv Sena member Rahul Kanal's premises.

This exemption for receiving cash payment of over Rs 2 lakh amid COVID-19 treatment is made only for the period between April 1 -May 31, 2021, said the Income Tax department.

Three months to go for the release of VK Sasikala -- the aide of former Tamil Nadu Chief Minister J Jayalalithaa -- from jail, her assets to the tune of Rs 1,500 crore has been frozen by the Income Tax department. The assets are located in the Kodanad and Siruthavur areas of Tamil Nadu, the department said.

Shareholders falling lower tax brackets pay lesser taxes on dividend income, whereas those in higher tax brackets lead to more revenue for the tax department.

December 31 is no longer the last date to link your Aadhaar card with PAN or Permanent Account Number. The last date to link both the personal identification numbers now is March 31, according to a Twitter post by the Central Board of Direct Taxes, the top policy-making body of the Income Tax Department. This marks the eighth extension in the due d...

Aadhaar-PAN Linking Last Date: The government in September this year extended the due date for linking the PAN with the Aadhaar by three months, marking the seventh extension in the due date for the public to link the two identification numbers. Aadhaar or Unique Identity Number is a 12-digit number issued by the Unique Identification Authority of ...

Rajasthan Chief Minister Ashok Gehlot today said there is an undeclared emergency in the country and the Centre has intimidated the entire nation through ED, CBI and Income Tax Department.

The last date for filing of income tax returns for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Last month, the government extended the original deadline of July 31 by one month, announcing August 31 as the new deadline. That means, those looking to file their income tax return (ITR) without having to bear any penalty charge...

PAN card correction online: PAN is a 10-digit alphanumeric identification number issued by the Income Tax Department. It helps the taxman link all transactions made by the assessee with itself. These transactions include tax payments, deduction or credit of tax at source (TDS or TCS) and income tax returns.

Last week itself, the Central Board of Direct Taxes (CBDT) extended the ITR filing deadlineto August 31, 2019, from the previous ITR filing deadline of July 31, 2019. It was reported that some of the taxpayers were facing difficulties in filing their ITR due to various reasons including extension of due date for issue of Form 16 for assessment year...