IT Refunds Worth Rs 1.45 Lakh Crore Issued to 89 Lakh Taxpayers
The Finance Ministry on Friday said the Income Tax Department has issued refunds worth Rs 1.45 lakh crore to about 89 lakh taxpayers so far this...
Tag : income tax department
Relief for Vodafone Idea! SC Directs for Tax Refunds
In a relief to Vodafone Idea, the Supreme Court on Wednesday directed the Income-Tax department to refund the telecom company Rs 833 crore, pending for the...
IT Dept Identifies Over 58K Cases Under E-Assessment Plan
The income tax department has newly launched e-assessment scheme, which seeks to end the physical interface between the assessee and tax officials. Revenue secretary Ajay...
ITR Deadline Extension Notification Fake: IT Department
The Income Tax department has issued a clarification that a copy of the notification, being circulated on social media, pertaining to the extension of income tax...
Income Tax Department Disproves Harassment Allegations
The Income Tax department has refuted allegations made by industry leaders Kiran Mazumdar-Shaw and Mohandas Pai of taxmen harassing businesses, a criticism that has become...
Income Tax Department Changes PAN Card Rules
The Income Tax department has changed PAN card rules, with effect from 5 December in order to prevent tax evasion by making it mandatory for...
Income Tax Department has slapped Rs 29,000 crore tax demand notice on Cairn Energy
A tax demand notice of over Rs 29,000 crore has been slapped by the Income Tax Department on UK’s Cairn Energy plc including Rs 18,800...
IT department publishes the second list of tax defaulters including 31 big names
The Income Tax department on Wednesday with moving ahead in its strategy of ‘naming and shaming’ disclosed a list of 31 defaulters who owe over...
SC directs Kingfisher Airlines to pay Rs 372 crore to the IT dept in TDS
The Supreme Court on Monday has directed the airline to pay around Rs 372 crore to the income tax department for non payment of tax...
The IT Dept publishes big tax defaulters names
The income tax department took the strategy of ‘naming and shaming’ of some large tax defaulters. “The step is aimed to publicise and put these...