News

The Income-tax department's 'Compliance Portal' displays inaccurate/inconsistent financial information for various taxpayers, according chartered accountants.

IT-Portal inflated Income in Tax Notice; Rs.250 shown as Rs.25000; What to do if you receive such Notice

The Income Tax Department has acknowledged the mismatches in AIS (Annual Information Statement) Data and urged reporting entities to submit revised data.

IT- Department acknowledges mismatches in AIS Data: Reporting Entity to submit revised data

A Delhi court recently convicted and sentenced a lady to six months in jail for failing to file a tax return on her Rs.2 crore income.

Women sentenced to jail for not Filing ITR by Delhi Court

The CBDT has replied to RTI queries which were mentioned in the RTI Application. RTI says that 361,748 Income Tax appeals are pending before CIT(A).

361,748 Income Tax appeals pending before CIT(A); Says RTI

The Supreme Court of India dismissed the State Bank of India's (SBI) application for an extension of time to disclose facts about electoral bonds.

Apex Court dismisses plea of SBI in Electoral Bonds matter

Notifications

The Central Board of Direct Taxes (CBDT) has released Guidelines for expedited handling of Income Tax Appeals.

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IT-Portal inflated Income in Tax Notice; Rs.250 shown as Rs.25000; What to do if you receive such Notice

IT- Department acknowledges mismatches in AIS Data: Reporting Entity to submit revised data

Women sentenced to jail for not Filing ITR by Delhi Court

361,748 Income Tax appeals pending before CIT(A); Says RTI

Apex Court dismisses plea of SBI in Electoral Bonds matter

CBDT releases guidelines for expedited handling of Income Tax Appeals