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Undisclosed credits of Rs. 20078 cr found in Panama Papers Scam
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO. 84 ANSWERED ON 27-07-2021 PANAMA PAPERS SCAM 84. SHRI SUKHENDU SEKHAR RAY: Will the Minister of Finance b...
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Corporate tax lags behind personal tax collection in Year 2020-21?
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO *90 ANSWERED ON 27-07-2021 CORPORATE TAX COLLECTION *90 Shri G.C. Chandrashekhar: Will the Minister of Fin...
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No cases of Non-Compliance of CBDT orders on Not Filing Appeal
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO- *80 ANSWERED ON- 27-07-2021 NON-COMPLIANCE OF CBDT ORDERS ON NOT FILING APPEAL *80. SHRI SHAKTISINH GOHIL...
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Direct tax collection doubled for first quarter of current fiscal
Ministry of Finance Posted On: 27 JUL 2021 Direct tax collection for the first quarter of the current fiscal has doubled. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary i...
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10 Govt initiatives for easing out corporate tax filing process
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO: 81 ANSWERED ON- 27.07.2021 EASING OUT CORPORATE TAX FILING PROCESS *81. DR. AMEE YAJNIK: Will the Ministe...
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58 transfer/postings of officers in the grade of CCIT/DGIT
F.No. A-22011/5/2021-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 26.07.2021 Office Order No. 185 of 2021...
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Systemic measures under Black Money Act yields results
Ministry of FinanceSystemic measures by Government under Black Money Act yields results; detects undisclosed income of several croresPosted On: 26 JUL 2021In the recent years, the Government has taken...
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FM message to Income Tax Department on 161st Income Tax Day
Nirmala Sitharaman Minister of Finance and Corporate Affairs Government of India Dy. No. 1759745 FM/FMP/2021 22/07/21 Message My heartiest felicitation to the Income Tax Department on the occasion of...
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Rs. 200 crore of unaccounted transactions discovered in I-T search in UP
Income Tax Department conducts searches in Uttar Pradesh Income Tax Department carried out a search operation on 22.07.2021 on a group in Uttar Pradesh dealing in Mining, Hospitality, News Media, Liqu...
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I-T Dept searches PAN-India in a prominent group having diversified businesses
Ministry of Finance Income Tax Department conducts searches PAN-India in a prominent group having diversified businesses Posted On: 24 JUL 2021 Income Tax Department carried out a search operation und...
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161st Income Tax Day: A journey towards Nation Building
Ministry of Finance Posted On: 24 JUL 2021 12:21PM by PIB Delhi The 161st anniversary of Income Tax Day was observed by Central Board of Direct Taxes (CBDT) and all its field offices across India here...
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Income Tax CPC not maintains Statistical data of Pending Refunds
Pending Refunds – No Statistical Data maintained by Centralized Processing Centre (CPC), Income Tax Department The Centralized Processing Centre (CPC), Income Tax Department has informed that it does...
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26 Issues in New Income Tax Portal
Maharashtra Tax Practitioners’ Association has made a representation to Shri. Narendraji Modi, Prime Minister of India and brought to his attention issues faced by Taxpayer & Professionals on New Inco...
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CBDT further relaxes e-filing of Forms 15CA/15CB
The Central Board of Direct Taxes (CBDT) vide Press Release dtd. 20th July, 2021, has granted relaxation in filing of forms 15CA & 15CB in view of the difficulties faced by the taxpayers in filing the...
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Solvency certificate of surety for issuance of duplicate certificates (KVP/NSC) – Reg.
SB Order No. 22/2021 F. No. FS-61/5/2020-FS Government of India Ministry of Communications Department of Posts (F.S. Division) Dak Bhawan, New Delhi-110001 Dated:- 22 /07/2021 All Head o1 Circles/Regi...
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Transfer / postings of 281 officers in ACIT/DCIT grade
Office Order 182 of 2021 – Transfer / postings of the 281 officers in the grade of Assistant Commissioner / Deputy Commissioner of Income Tax – reg. F.No.A.22013/1/2021-Ad.VI Government of India Minis...
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IT Dept denies interference in editorial decisions of News Daily
Certain allegations have appeared in some sections of media that IT Dept officials were suggesting changes in stories & taking editorial decisions during their search on offices of a certain publicati...
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Govt notifies jurisdiction for Competent Authorities under Benami Act
Central Government allocates jurisdiction among Competent Authorities authorized under section 5(1) of Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 for the purpose of...
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New Income Tax E-Filing Portal – 90 unique problems received
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA UNSTARRED QUESTION NO-225 ANSWERED ON-20.07.2021 NEW INCOME TAX E-FILING PORTAL 225. Sbri Sanjay Seth: Mari K.C. Venugopal: Wi...
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Tax exemption & Date extension to ameliorate COVID-19 stress
Tax exemption to ameliorate stress due to COVID-19 The Government has decided to provide income tax exemption to the amount received by a taxpayer for medical treatment from an employer or from any pe...