Articles

The Income Tax Department released Frequently Asked Questions on e-Verification Scheme 2021 as a lots of various question arised in the mind of taxpayers out of this e-Verification Scheme.

Income Tax Faqs on E-verification Scheme 2021

Judgement

In absence of convincing material that supply has actually taken place; ITC cannot be claimed only on basis of invoice: SC

News

The Income Tax Department clarifies that Taxpayer will get notice by department under e-Verification Scheme if mis-match between ITR and AIS continues.

Taxpayer to get notice under e-Verification Scheme if mis-match between ITR and AIS continues

The Central Bureau of Investigation has arrested an Inspector of Railway Protection Force (RPF) for demanding and accepting bribe of Rupees One lakh from Complainant.

CBI Arrest RPF Inspector for accepting Bribe of Rs.1 Lakh

More than 38.58 crore loans have been provided since Scheme's commencement in April 2015. Almost 26.35 crore loans were issued to women entrepreneurs (68%) while 19.84 crore loans were extended to SC/ST/OBC borrowers (51%).

Pradhan Mantri Mudra Yojana: 38.58 crore Loans Extended Since Inception of PMMY

The Income Tax Department has notified that Taxpayer can file ITR-U in case of mismatch between ITR and information shared by reporting entity.

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Income Tax Faqs on E-verification Scheme 2021

In absence of convincing material that supply has actually taken place; ITC cannot be claimed only on basis of invoice: SC

Taxpayer to get notice under e-Verification Scheme if mis-match between ITR and AIS continues

CBI Arrest RPF Inspector for accepting Bribe of Rs.1 Lakh

Pradhan Mantri Mudra Yojana: 38.58 crore Loans Extended Since Inception of PMMY

Taxpayer can file ITR-U in case of mismatch between ITR and information shared by reporting entity: CBDT