Over 7.40 Cr Persons Filed ITRs In FY23, 5.16 Cr Showed Zero Tax Liability:...
New Delhi- Over 7.40 crore persons filed income tax returns in the 2022-23 fiscal, of which 5.16 crore showed zero tax liability, the Finance...
Net Direct Tax Collection At Rs 10.64 Lakh Cr In Apr-Nov; 58.34% Of BE
New Delhi- Net direct tax collection in the eight months of the current fiscal touched 58.34 per cent of Budget Estimates (BE) at Rs...
Nearly 8 Crore ITRs Filed Till December 2
New Delhi- As many as 7.76 crore tax returns for income earned in 2022-23 have been filed till December 2 and more are expected...
I-T Dept Raids On Kashmir Business Group Led To Detection Of Undisclosed Income: CBDT
New Delhi- The income-tax department has detected undisclosed income worth crores of rupees after it conducted searches against a Jammu and Kashmir-based business group engaged...
35 Lakh Income Tax Refund Cases ‘Held Up’ For Various Reasons: Tax Body Chief
New Delhi- Around 35 lakh cases for issuance of refunds are currently "held up" with the Income-Tax Department owing to mismatch and validation of...
I-T Dept Asks Taxpayers To Respond To Intimation Of Past Tax Demands For Faster...
New Delhi- The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years...
CBDT Says Over 6 Crore ITR Filings Processed For Assessment Year 2023-24
New Delhi- As many as 6.98 crore tax returns have been filed for income earned in 2022-23 fiscal and out of them, more than...
Revised I-T Rules Offer Tax Relief To Employees With Rent-Free Accommodation
New Delhi- Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a...
Net Direct Tax Mop-Up Grows 17 Pc To Rs 5.84 Lakh Crore So Far...
New Delhi- Net direct tax collections swelled 17.33 per cent to Rs 5.84 lakh crore so far this fiscal, reaching 32 per cent of...
Record 6.77 Cr ITRs For AY 2023-24 Filed Till July 31; 53.67 Lakh First-Time...
New Delhi- The income tax department, on Tuesday, said a record 6.77 crore income tax returns for the assessment year 2023-24 were filed till...