Judgement

The Madras HC suggested additional provision audit of Co-operative Societies by Chartered Accountant.

HC suggests additional provision audit of Co-operative Societies by Chartered Accountant [Read Order]

News

The Income Tax officials conducted raids at 29 locations connected with businessman J K Singhania.

Income Tax raids on Ranchi Businessman

NewsClick is unable to make bank payments due to a Union income tax department action.

Income Tax Department Virtually Frozen NewsClick Bank Accounts

Notifications

CBDT has notified the Powergrid Infrastructure Investment Trust as a prescribed mode of investment under section 11(5) of the Income Tax Act, 1961 via issuing a Notification.

CBDT notified Powergrid Infrastructure Investment Trust as prescribed mode of investment under IT Act

Minister of State in a written reply to a question raised in Lok Sabha said, "Various steps have been taken to reduce interaction between taxpayers and IT Department."

Steps to reduce interaction between taxpayer and Income Tax Department

The Net Tax collections are at Rs. 13,70,388 crore, as compared to Rs. 11,35,754 crore reflecting a 20.66% rise.

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HC suggests additional provision audit of Co-operative Societies by Chartered Accountant [Read Order]

Income Tax raids on Ranchi Businessman

Income Tax Department Virtually Frozen NewsClick Bank Accounts

CBDT notified Powergrid Infrastructure Investment Trust as prescribed mode of investment under IT Act

Steps to reduce interaction between taxpayer and Income Tax Department

Net Direct Tax collections for FY 2023-24 grew at over 20.66%