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Income tax: Mumbai sees collection of over Rs 1 lakh crore
All India tax collection in April-July 2021 crossed Rs 3 lakh crore which marks almost 98% year-on-year growth
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I-T dept to refund excess interest, late fee paid
Some taxpayers complained that interest and late fee was charged while filing income tax return (ITR) after July 31, 2021
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High-value transactions that may result in income tax notice
All the taxpayers must maintain all the necessary supporting documents to justify the transactions in case of any IT notice being served
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Three email Ids for registering grievances with I-T dept
Under the faceless assessment system, a taxpayer or an assessee is not required to visit an I-T department office or meet a department official for in
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Income tax practitioners complain of glitches on I-T portal
This year, some tax professionals apprehend, the dates have to be extended thanks to the glitches of the new revamped IT portal
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GST revenue jumps 33% to over Rs 1.16 lakh crores in July
Goods and Services Tax (GST) collection in July 2020 was Rs 87,422 crore, Sequentially, it was Rs 92,849 crore in June this year.
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Honest taxpayers deserve to be recognised: Sitharaman
On the 161st anniversary of Income Tax Day, she complimented the I-T dept for continuing to work towards simplifying its procedures and processes
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Tax litigation woes may see government take Ordinance route: Report
Several companies and individuals have challenged reassessment notices in courts in the recent past
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ITR: You can now file it from your nearest post office
An individual has to go the CSC of a post office and enquire about filing IT returns. A designated person will be there to help
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Income tax department recruitment 2021: Apply for 155 different vacancies
The recruitment drive is being conducted to fill 155 vacancies in the post of multi-tasking staff (MTS), inspector of income tax and tax assistant
