Must Watch Video: Step-by-step guide to file your income tax return online
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Jul 12, 2016, 14:09 PM IST
Blackmoney window: CBDT orders rationing of taxman's leave
Pulling out all the stops to make the ongoing one-time black money window scheme a success, the CBDT has ordered regulation of leave of all Income Tax department officials over the next three months.
Jul 06, 2016, 18:46 PM IST
Rs 43,000 crore undisclosed income unearthed in 2 years, says govt
The Income Tax Department has unearthed undisclosed income of Rs 43,000 crore in the last two fiscals, Union Revenue Secretary Hasmukh Adhia said on Friday.
Jul 02, 2016, 00:17 AM IST
Publicise blackmoney scheme at posh markets, malls: CBDT to IT
CBDT has directed the Income Tax department to step up publicity of the ongoing one-time blackmoney compliance window by advertising it at posh markets, clubs and showrooms and also ensure full privacy to those making disclosures for better collections.
Jun 23, 2016, 14:24 PM IST
Wilful defaulters: IT dept to use powers to arrest, detain
Officials have been directed not to shy away from the rare provisions of arrest, detention and auctioning of attached assets of wilful income tax defaulters.
Jun 21, 2016, 16:41 PM IST
IT department to 'name and shame' crorepati defaulters this fiscal
The department has begun publishing the names of tax defaulters in leading national dailies since last year and has named 67 such defaulters from across the country till now.
May 24, 2016, 22:10 PM IST
Just 1% of population pay taxes; over 5,000 paid more than Rs 1 crore
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.
May 01, 2016, 17:45 PM IST
Learn about the ways to file income tax return
Return of income can be filed either in hard copy at the local office of the Income-tax Department or can be electronically filed at www.incometaxindiaefiling.gov.in
Apr 17, 2016, 18:33 PM IST
Income Tax Return for AY 2016-17: All you need to know!
It is mandatory for individuals and companies to file income tax return at the end of a financial year on the income earned in the entire year. Different forms for return of income are prescribed for filing of IT returns for different status and nature of income.
Apr 16, 2016, 19:31 PM IST
India not to use 'tax haven' in black money info dossiers
Indian investigating agencies have been asked to shun the usage of the word "tax haven" while making legal overseas requests in black money cases as a number of foreign jurisdictions have taken exception to the term and called it offensive.
Apr 14, 2016, 18:06 PM IST
Cairn faces Rs 10,247-crore fine on top of Rs 29,000 crore tax demand
In a circular to shareholders, the company said it had on February 4 received "a final assessment order from the Indian Income Tax Department in amount of Rs 10,247 crore plus interest back dated to 2007 totalling Rs 18,800 crore.
Apr 07, 2016, 18:33 PM IST
Rs 8,500-cr Vodafone TP case: I-T Dept to challenge Bombay HC verdict
The Income-Tax Department Wednesday said it will move the Supreme Court challenging the Bombay HC order in the Rs 8,500-crore Vodafone transfer pricing case.
Apr 06, 2016, 23:27 PM IST
IT dept launches e-appeal filing system
In yet another step aimed at reducing human interface between taxman and the taxpayer, the Income Tax department today operationalised a facility for e-filing of the first appeal before a tax officer
Apr 03, 2016, 17:55 PM IST
IT dept launches tax calculator; e-filing of few ITRs begins
E-filing of income tax returns for the assessment year 2016-17 was launched today for a select category of entities and individuals even as the IT department provided an online calculator for filers to do an easy check and obtain their annual tax liability.
Apr 03, 2016, 16:30 PM IST
7 ways by which you can get Income Tax refund at the earliest
Here are the 7 ways using which you can get income tax returns at the earliest
Apr 02, 2016, 19:02 PM IST
IT dept notifies new ITRs; taxman eyes those earning over Rs 50 lakh
Filing for the new forms begins with the onset of the new financial year today.
Apr 01, 2016, 11:31 AM IST
CBDT resolves Rs 5,000-cr tax dispute with foreign cos under MAP
The tax department has resolved disputes involving Rs 5,000 crore with foreign companies in sectors like software and consultancy under the MAP scheme in past two years, a development that could provide comfort to overseas investors over taxation issues.
Feb 16, 2016, 22:44 PM IST
Vodafone cries foul as India slaps tax reminder
Global telecom giant Vodafone has taken exception to the Indian tax department threatening to seize its assets if it fails to pay a disputed demand of over Rs 14,000 crore, which is still under international arbitration.
I-T dept identifies up to 5,000 MNCs late on tax payments
Income Tax Department has identified 4,000-5,000 foreign companies based in this megapolis that are not paying taxes on time, including due to tax disputes, and expects to soon recover from them dues totalling nearly Rs 8,000 crore.
Feb 10, 2016, 22:31 PM IST
Over 11 lakh file tax returns under special drive by IT department
Over 11 lakh taxpayers have filed their IT returns for Assessment Year 2014-15 after the department tracked them under a special drive to identify those who have not filed their returns despite having an obligation to do so, according to official data.
Jan 31, 2016, 21:33 PM IST
