Friday, January 21, 2022

Income Tax Department

Over 4.84 cr ITRs for 2019-20 filed till Dec 31

The government has extended the ITR filing deadline for individuals till January 10, and for companies till February 15

Over 4.23 crore ITRs for fiscal 2019-20 filed till Dec 27

The deadline to file Income Tax Returns (ITRs) by individual taxpayers for 2019-20 fiscal (Assessment Year 2020-21) ends on December 31, 2020, while the same for taxpayers whose accounts require to be audited is January 31, 2021.

I-T department to redress disputes via ‘Vivaad se Vishwas’ scheme

Those wanting to put an end to their tax disputes have to file an applications online before December 31 and they will be redressed by March 31, 2021.

Tamil Nadu: I-T dept unearths undisclosed income of over Rs 450 cr

According to officials, the raids were carried out on November 27 in the case of an IT SEZ developer, its former director and a prominent stainless-steel supplier at 16 premises.

I-T dept seizes Rs 62 crore cash from Sanjay Jain, beneficiaries

New Delhi: Income Tax Department has seized Rs 62 crores cash from entry operator Sanjay Jain and his beneficiaries during raids, sources said. This is...

Income Tax Dept issues guidelines for filing tax returns

These instructions are guidelines to help the taxpayers for filling the particulars in Income-tax Return Form-1 for the Assessment Year 2020-21 relating to the Financial Year 2019-2020

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