There seems to be a rush among people to file their Income Tax (IT) returns for 2022-23, before the last date on July 31, 2022.
The Income Tax (IT) department on Tuesday said it has been brought to its notice that some fraudulent persons are misleading candidates by issuing fake appointment letters for joining in the Income Tax Department.
The Centre had extended the deadline for ITR filing till December 31, after finding taxpayers facing several difficulties due to the Covid-19 pandemic.
Bhubaneswar: The Income Tax Department has estimated a collection of Rs 12,151 crore in Odisha during the current financial year. Nearly, 48.4 per cent amounting to Rs 5,880 crore has already been collected, informed Commissioner of Income Tax Department Asit Mohapatra. According to sources, this financial year as many as 10, 27, 796 people will […]
New Delhi: A major fire broke out on Monday in a government building, housing offices including of the Enforcement Directorate and Income Tax Department among others, officials said. No injuries were reported. The fire was reported on the fourth floor of the Lok Nayak Bhawan in the upscale Khan Market area around 4 p.m, officials […]
Bhubaneswar: As many as 1092 persons in the state are under the Income Tax (IT) department’s scanner as they have been detected to have deposited hefty amounts to the tune of over Rs 50 lakh each in various banks in Odisha following the demonetization move. Talking to media persons here on Friday, Income-Tax Chief Commissioner […]
Kendrapara: The Income Tax department today started its probe into a case in which a gold trader carrying old Rs 500 and Rs 1,000 currency notes of Rs 25.50 lakh in a car was going towards Kendrapara town. The team of two officers of the Income Tax reached the Kendrapara police station where gold trader […]
New Delhi: The Income Tax department on Monday informed the Supreme Court that there are 105 lawmakers in whose case the verification of declaration of assets have revealed discrepancies in their assets and their known sources of income. These lawmakers include seven Lok Sabha members and 98 members of state assemblies and their names came […]
New Delhi/Patna: The Income Tax Department on Tuesday conducted raids at 22 places in and around Delhi in connection with RJD chief Lalu Prasad Yadav and his family in an alleged “benami” property case. This comes a day after Bihar Chief Minister Nitish Kumar stated that if there was documentary proof or solid evidence against […]
New Delhi: More than 9.3 crore Permanent Account Numbers (PAN) have been linked with Aadhaar, a senior Income Tax Department officer said. Of the total PAN-Aadhaar seeding, which is nearly 30 per cent of the total about 30 crore PAN holders, about three crore linkages were done in June and July. “By August 5, which […]
New Delhi: The CBDT is mulling expanding the scope of its policy of “naming and shaming” of tax defaulters by sharing such data with banks and credit-rating agencies. The Board, which decides policy matters for the Income Tax Department, has ordered creation of a special committee to analyse the subject and review the existing mechanism […]
Chennai: A 450-member team of the Income Tax Department is conducting searches at offices of the Chettinad Group of companies in Tamil Nadu, Andhra Pradesh and Maharashtra, officials today. The searches are on at 40 locations in the three states. “The reason for the raid is suspected evasion of taxes,” a department official told IANS. […]
New Delhi: The Income Tax Department will “only” issue refunds via the e-mode into bank accounts of taxpayers beginning next month and they should link PAN with their accounts, the taxman said in its latest public communication. The department said refunds will be sent to bank accounts as it will issue “only e-refunds from March 1, […]
Bhubaneswar/Cuttack: With the model code of conduct coming into effect after the announcement of the 2019 general poll dates, the Odisha Income Tax (IT) department and the State Police have geared up to ensure free and fair elections across the State beginning April 11. The IT department has set up a 24X7 functional control room […]
If you have not linked Aadhaar card with Permanent Account Number (PAN) card yet, then you are left with only two days to do so. As per the Income Tax department, the deadline for linking of Aadhaar and PAN card is March 31, 2019. Earlier, the I-T department has set the deadline of June 30, […]