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"income-tax"

  • IT searches YSRCP MP business offices at 15 locations in Telangana, AP

    Officials said the searches were conducted to examine the losses shown in their statements submitted to the department.
  • Sitharaman meets Infosys officials, reviews tech glitches on new I-T e-filing portal

    The portal launched on June 7 continued to face glitches, including longer logging in time, inability to generate OTP for Aadhaar validation, non-availability of ITRs for past years.
  • Finance ministry, Infosys meet on glitches in new I-T portal on Tuesday

    At the company's annual shareholder meeting, Infosys had on Saturday stated that it is working to resolve the issues and has already succeeded on some fronts.
  • Expect system to stabilise this week: Infosys on I-T portal glitch

    Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds.
  • FM asks Infosys to fix tech glitches on new income tax e-filing portal

    Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds.
  • I-T dept issues Rs 24,792 cr refunds

    The I-T department did not specify the financial year for the refunds. However, it is believed that the refunds are for tax returns filed for the 2019-20 fiscal.
  • Income tax, corporate tax mop up exceeds revised estimates in FY21

    The collection for just concluded 2020-21 fiscal was 5 per cent higher than the RE, but was 10 per cent lower than the mop up in 2019-20.
  • Major changes in Income Tax norms

    New regime lowers tax rates, eliminates deductions
  • IT dept seizes over Rs 16-crore dubious cash after raids in Tamil Nadu

    Polls to the 234-seat Tamil Nadu assembly will be held in a single phase on April 6.
  • Raids on Kashyap, Pannu: Manipulation in crores found, says IT dept

    The Income Tax department carried out the searches at 28 locations in Delhi, Hyderabad, Mumbai and Pune on premises linked to Phantom Films, Kashyap, Pannu, Vikas Bahl, Madhu Mantena
  • HCA league: Praneeth slams big century

    Hyderabad: G Praneet Kumar slammed 188 in Income Tax’s big score of 461 for 9 in 87 overs against Jai Hanuman on the first day of the three-day Group A A-1 league match on Tuesday Brief scores: Group-A: BDL 138/9 in 41.4 overs (Hima Teja 58 no, Vidyanand Reddy 6/23) vs Deccan Chronicle 136/1 in […]
  • HCA league: Tanmay smashes double century

    Sporting XI took a massive first innings lead against Central Excise on the second day of the A-1 three-day league on Wednesday
  • HCA league: Charan, Akshath slam tons for Income Tax

    Income Tax scored 369/9 in 90 overs against Deccan Chronicle on the first day of the Group A match
  • 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.
  • Hyderabad: CBI books top GST official for graft

    Hyderabad: The city unit of the Central Bureau of Investigation (CBI) has booked a case against Hyderabad GST Commissionerate Computer Section Superintendent for allegedly possessing assets disproportionate to his known sources of income. In the FIR, the CBI said K Janardhana Rao joined the Central Excise Department as an Inspector in 1992 and worked in […]
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