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53% of FY24 I-T collected till Oct 9
The collection appears all the more remarkable since it comes on the back of a lacklustre performance on the corporate tax front
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Returns to be scrutinised if no response to I-T notice
In cases where notices have been issued under Section 148, and the assessee has not reponded to the notice, then it will be scrutinised
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I-T returns: CBDT extends last date of filing personal income-tax returns to Dec 31
The new portal set up by Infosys had reported glitches after its launch on June 7 and the FM had to step in to set things right
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What is SFT? How is it related to high-value transactions?
The role of SFT is important as it seeks to prevent tax evasion
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I-T refunds over Rs 1.98 lakh crore issued in 11 months
Personal income tax refunds of Rs 70,572 crore have been issued to over 1.92 crore taxpayers, and corporate tax refunds of Rs 1.27 lakh crore have bee
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Be prepared to shell out higher TDS if you have not filed I-T returns
Sudhir Kaushik, CEO and founder of Taxspanner.com, said the government is looking to ensure the number of citizens filing I-T returns goes up
