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CBI has arrested an Executive Director(Projects) of GAIL) and three private persons including Director of a private company, in an alleged bribery of Rs.50 Lakh.

CBI arrest an Executive Director of Gail and Director of Private Company in alleged Bribery of Rs.50 Lakh

Officials said government has requested technology suppliers for both income tax site and GST Network to greatly increase system capabilities in 10 years.

FM Sitharaman asks GSTN and Income Tax Portal to significantly improve System Capabilities

The income tax department has informed an estimated 500,000 people about "zero" and "lower advance tax payment" between April and August of this year.

500,000 Taxpayers receive IT department warning for Low Advance Tax

The Income Tax Department started sending intimations to Salaried Individuals who’s deductions are not in sync with Form 16.

IT Department sends intimation to Salaried Taxpayer whose deductions exceed Form 16

Income Tax Department is committed to process ITRs in a speedy and efficient manner. As on 05.09.2023, 6.98 crore ITRs for AY 2023-24 were filed, out of which 6.84 crore ITRs have been verified.

88% of the verified ITRs for AY 2023-24 processed as on 05.09.2023

The Income Tax Department has issued clarification that the inaccuracy in the 80P deduction notice was delivered accidentally.

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CBI arrest an Executive Director of Gail and Director of Private Company in alleged Bribery of Rs.50 Lakh

FM Sitharaman asks GSTN and Income Tax Portal to significantly improve System Capabilities

500,000 Taxpayers receive IT department warning for Low Advance Tax

IT Department sends intimation to Salaried Taxpayer whose deductions exceed Form 16

88% of the verified ITRs for AY 2023-24 processed as on 05.09.2023

Income Tax Department issues Clarification on Notices Mistakenly Sent Under Section 80P