The returns filed by individual taxpayers have increased from 3.36 crore in Assessment Year (AY) 2013-14 to 6.37 crore in AY 2021-22, registering an overall increase of 90 per cent.
The newly revamped website was launched by the Central Board of Direct Taxes Chairman Nitin Gupta at the 'Chintan Shivir', organised by the Directorate of Income Tax at Udaipur
CBDT on August 18 notified amendments to the Income Tax Rules for valuing perquisites of rent-free or concessional accommodation by employers to employees
Modi goverment stuck to script and chose to fill long-vacant slots in the direct taxes czardom without obsessing over seniority or even rules related to retirement.
In a writ petition filed by Telangana Building and Other Construction Workers Welfare Board claiming that they are entitled for exemption granted in 2017 for a period of 5 years.
She said the Budget, which was presented in Parliament on February 1, has set the tone for greater play of the private sector, gave space for entrepreneurship
The CBDT said the quantum of suppressed turnover detected in few cases alone appears to be more than Rs 50-60 crore while the "net profit" shown was extremely low.