Net Direct Tax Collection Grows 19 Pc So Far In FY’24 To Rs 14.70...
New Delhi- The net direct tax collection so far this fiscal rose 19.41 per cent to Rs 14.70 lakh crore, reaching about 81 per...
J&K Govt Grants Amnesty To Settle Tax Arrears Of Pre-GST Regime
Jammu- In a major relief to taxpayers, the Jammu and Kashmir administration on Wednesday granted amnesty for the settlement of tax arrears pertaining to...
Parliament Passes Provisional Collection Of Taxes Bill, 2023
New Delhi- Parliament on Wednesday passed the Provisional Collection of Taxes Bill, 2023, that gives statutory backing to the government to collect taxes from...
Over 7.40 Cr Persons Filed ITRs In FY23, 5.16 Cr Showed Zero Tax Liability:...
New Delhi- Over 7.40 crore persons filed income tax returns in the 2022-23 fiscal, of which 5.16 crore showed zero tax liability, the Finance...
Net Direct Tax Collection At Rs 10.64 Lakh Cr In Apr-Nov; 58.34% Of BE
New Delhi- Net direct tax collection in the eight months of the current fiscal touched 58.34 per cent of Budget Estimates (BE) at Rs...
Nearly 8 Crore ITRs Filed Till December 2
New Delhi- As many as 7.76 crore tax returns for income earned in 2022-23 have been filed till December 2 and more are expected...
I-T Dept Raids On Kashmir Business Group Led To Detection Of Undisclosed Income: CBDT
New Delhi- The income-tax department has detected undisclosed income worth crores of rupees after it conducted searches against a Jammu and Kashmir-based business group engaged...
35 Lakh Income Tax Refund Cases ‘Held Up’ For Various Reasons: Tax Body Chief
New Delhi- Around 35 lakh cases for issuance of refunds are currently "held up" with the Income-Tax Department owing to mismatch and validation of...
I-T Dept Asks Taxpayers To Respond To Intimation Of Past Tax Demands For Faster...
New Delhi- The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years...
CBDT Says Over 6 Crore ITR Filings Processed For Assessment Year 2023-24
New Delhi- As many as 6.98 crore tax returns have been filed for income earned in 2022-23 fiscal and out of them, more than...