News

The Income Tax Department has launched a Mobile app, namely, ‘AIS for Taxpayer’ to facilitate taxpayers to view their information as available in the Annual Information Statement (AIS) / Taxpayer Information Summary (TIS).

Income Tax Department: Roll out of 'AIS for Taxpayer' Mobile App

The Income Tax Department increased tax demands of Rs 13,566 crore over the course of the preceding four financial years to address undisclosed overseas assets and income under black money law, the government testified before Parliament on Monday.

IT Department raises Tax Demands of Rs.13,556 crores under Black Money Laws: MOF

The Income Tax department served a notice to a laborer for the recovery of Rs.8 crores in an astonishing event. The person, who works as a laborer, is from Bulandshahr, an area of Uttar Pradesh.

PAN Misuse: Labourer slapped with Income Tax Notice of Rs 8 crore

ITR filings on average total 2,82,559 each day (total returns submitted from 10 April 2022 to 31 December 2022: 7,51,60,817). 266 days in total. 7,51,60,817/266 = 2,82,559)

72,42,156 Income Tax Return (ITR) filed on July 31, 2022

Articles

The Minister of State, Shri Pankaj Chaudhary in the Ministry of Finance in a written reply to a question raised in Lok Sabha Stated, "Finance Bill, 2023 has proposed to reduce rates of tax applicable on middle class."

Finance Bill, 2023 has proposed to reduce rates of tax applicable on middle class

The Minister of State, Shri Pankaj Chaudhary in Ministry of Finance in a written reply to a question raised in Lok Sabha stated, "Common Income Tax Return (CTR) Soon; Scope of prefilled ITRs has been extended."

Common Income Tax Return (CTR) Soon; Scope of prefilled ITRs has been extended: MOF in Lok Sabha

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts