Tue, Dec 31, 2024
Through a circular, the Central Board of Direct Taxes (CBDT) extended the due date for determining the amount payable under the VsV scheme to January 31, 2025, from December 31, 2024.
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Tue, Nov 26, 2024
This will be an upgrade of the current PAN/TAN 1.0 ecosystem, consolidating the core and non-core PAN/TAN activities as well as the PAN validation service.
Wed, Nov 13, 2024
There has been a significant increase in income tax compliance in the country with more than five-fold growth in the Rs 50 lakh-plus income category, according to sources.
Wed, Oct 11, 2023
The Income Tax Department on Wednesday initiated extensive operations across Ahmedabad against Chemical dealers.
Tue, Oct 10, 2023
The government has collected more than Rs 700 crore in taxes till now this fiscal after a new TDS regime was brought in for online gaming and trade in cryptocurrency, CBDT Chairperson Nitin Gupta said.
Wed, Oct 04, 2023
The Income Tax Department (I-T) was conducting simultaneous raids at more than 15 locations in Bengaluru on Wednesday.
Tue, Sep 19, 2023
A PAN card issued by the Income Tax Department is an important document for all financial transactions and it also serves as an identity proof. As per law, it’s illegal to keep more than one PAN card.
The due date for furnishing audit reports for 2022-23 by a fund, trust, institution or any university or educational institution or medical institution in Form 10B/10BB has been extended by a month till October 31, 2023.
Thu, Aug 31, 2023
If someone fails to complete the verification step after ITR filing, the date of e-verification will be considered as the date of return submission. This will attract late fees and an applicable interest rate.
Sat, Aug 26, 2023
Income Tax Department: The Income Tax Department has revamped its national website (www.incometaxindia.gov.in) with a user-friendly interface, value-added features and new modules.
Thu, Aug 24, 2023
The File Now, Pay Later feature of the Income Tax Department allows taxpayers a breather before submitting their due taxes. Individuals can file the ITR without making the payment.
Wed, Aug 16, 2023
The Income Tax department on Wednesday prescribed a mechanism for calculating income proceeds from life insurance policies where aggregate annual premium exceeds Rs 5 lakh.
Thu, Aug 10, 2023
The window to file the revised ITR for FY 2022-23 will remain open for all taxpayers till December 31, 2023. Taxpayers can visit the Income Tax Department's web portal to avail the facility.
Wed, Aug 09, 2023
Engaging in secondary employment, or moonlighting, isn't unlawful or against the tax laws. Individuals who've misreported their earnings, sometimes hiding sums even double the amount earned from their primary job, are under scrutiny of the I-T department.
Thu, Jul 27, 2023
Income Tax India: The last date for filing ITR is 31st July i.e. only a few days are left. Taxpayers who have not yet filed ITR, many types of questions may arise in their mind. Experts will clear your confusion, see today in this special report with Zee Business.
Tue, Jul 25, 2023
Union Finance Minister Nirmala Sitharaman has said that the Income Tax Department has sent about one lakh notices to individuals for non-filing of returns or understating incomes in the past years.
Fri, Jul 14, 2023
To track the refund status of the Income Tax Refund, the Income Tax Department offers an online facility. Here' how to check ITR Refund Status for FY 2022-23 (AY 2023-24). July 31 is the deadline for the income tax return filing.
Thu, Jul 13, 2023
An income tax return form is used to file information about income and tax to the Income Tax Department. Here we talk all about what Form 16 is, what are Part A and Part B of Form 16, and what things need to be checked before filing Income Tax Return.
Tue, Jul 11, 2023
Form 26AS, also known as Tax Credit Statement, is a statement that provides details of any amount that is deducted as TDS/ TCS from various sources of taxpayers' income. It shows details of high-value transactions, and advance tax/ self-assessment tax paid by the taxpayer.
Sat, Jul 01, 2023
PAN-Aadhaar linking: The Income Tax Department has clarified the challan payment process after customers faced difficulties. Check status on the portal, no need to download challan receipt.
Thu, May 11, 2023
The Income Tax (I-T) department conducted searches at Mankind Pharma's New Delhi offices, as per sources. However, Zee Business has not received any response to the email it sent to the company, regarding the development.
Wed, May 03, 2023
The Income Tax department today raided the residence of the brother of a Karnataka Congress leader and seized ₹ 1 crore cash hidden in a tree.
Mon, Apr 10, 2023
The Income Tax Department has filed an appeal against the National Company Law Tribunal approving Suraksha Group's bid to buy Jaypee Infratech Ltd (JIL) under the insolvency resolution process.
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