income tax

Over 4.67 crore IT Returns filed on new e-filing portal

New Delhi: Over 4.67 crore Income Tax Returns(ITRs) have been filed on the new e-filing portal of the Income Tax Department as on 27th December, 2021. More than 15.49 lakh […]

IT Department conducts searches in Andhra Pradesh and Telangana

New Delhi: The Income Tax Department carried out search and seizure operations on three different groups at 30 different premises in Visakhapatnam, Hyderabad, Vizianagaram and Srikakulam. These groups are mainly […]

Income Tax relief for Real-estate Developers and Home Buyers

New Delhi, As part of the AatmaNirbhar Bharat Package 3.0 as announced by Hon’ble Finance Minister on 12th November, 2020, certain income tax relief measures were brought in for real-estate […]

97 percent of Income Tax work force feeling left out

New Delhi: The employee associations of Income Tax have said that the restructuring carried out in the Department to implement the Faceless Assessment Scheme is making 97 percent of the […]

Delhi man held on charge of forging Rs 392-cr input tax credit

IT Dept directed to release tax refunds up to Rs 5 lakhs immediately

New Delhi: The government has decided to issue all the pending income tax refunds up to Rs 5 lakh, immediately as part of its efforts to provide relief to the business […]