Over 2crore Income Tax Returns filed on the e-Filing portal of the Income Tax Department
Over 2crore Income Tax Returns filed on the e-Filing portal of the Income Tax Department
Processing of returns claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases
Processing of returns claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases
CBDT notifies Rules for implementing the amendments made by the Taxation Laws(Amendment) Act, 2021
The Taxation Laws (Amendment) Act, 2021, inter-alia amended the Income Tax Act, 1961 so as to provide that no tax demand shall be raised in future on the basis of the amendment to section 9 of the Income-tax Act.
Income Tax Department conducts searches in Ahmedabad
Income Tax Departments conducts search and seizures in various parts of the country and recently they did in Ahmedabad and also published its progress on their website, please refer text from the notification:
Gross Direct Tax collections for the Financial Year (FY) 2021-22 register a growth of 47%
Gross Direct Tax collections for the FY 2021-22 register a growth of 47%. Net Direct Tax collections for FY 2021-22 have grown at over 74%