Deadline to file ITR extended to September 15 amid systems tweaks – Times of India
NEW DELHI: The income tax department has extended the deadline for filing of tax returns by individuals from July 31 to Sept 15 in the wake of several amendments to…
Pending tax work? Income tax department offices to stay open on March 29-31 – The Times of India
The Income tax department's offices across India will remain open from March 29 to March 31 to assist taxpayers in completing any pending tax-related tasks before the end of the…
Rs 22 lakh crore tax target will be crossed: CBDT – Times of India
NEW DELHI: Government will exceed the Rs 22.1 lakh crore direct tax collection target set for the current fiscal, Central Board of Direct Taxes (CBDT) chairman Ravi Agarwal said on…
Income Tax department launches campaign to help taxpayers report overseas income for AY 2024-25 – Times of India
The Income Tax department has initiated a new campaign to contact taxpayers who have failed to report substantial overseas income or assets in their ITRs for AY 2024-25. The Compliance-Cum-Awareness…
CBDT extends ITR filing deadline for corporates till November 15 – Times of India
The Central Board of Direct Taxes (CBDT) on Saturday announced an extension for the due date to file Income Tax Returns (ITR) for the assessment year 2024-25, in an official…
Salaried employees take note! Reduce TDS from salary with new Form 12BAA released by CBDT – details here – Times of India
The new form will enable employees to provide information about TCS and TDS from other sources. (AI image) TDS for salaried employees: The Central Board of Direct Taxes (CBDT) has…
New Budget 2024 rule: Why Income Tax Department is likely to issue a huge number of tax notices this month – Times of India
Income Tax Notice on the way? The Income Tax Department is gearing up to send out a large number of notices in the coming month, as there are concerns that…
Direct tax collection till July 11 surges 23% to Rs 6.5 lakh crore – Times of India
NEW DELHI: Direct tax collections have increased over 23% to Rs 6,45,239 crore during this financial year up to July 11, driven by a faster rise in personal income tax,…