Of this, personal income tax refunds worth Rs 3,073 crore were issued in 7.23 lakh cases and corporate tax refunds of Rs 2,577 crore were issued to 15
Central Board of Direct Taxes (CBDT) had issued a circular on March 12, 2021, to start the process by giving permission to various entities to report
To keep this momentum going, the government needs to expand the taxpayers base and provide some more relief to honest taxpayers
Taxpayers often complain that they have not received refunds despite following the due process
The Income Tax department uses a special process to assign a PAN
I-T department officials said that despite the pandemic, they were trying to ensure that the refunds are made promptly
The tax department has started raiding properties bought under pseudo names with the help of data shared by government departments
“And we restart #DoBaaraa .. with all our love to all the haters," he captioned the photograph, refraining from directly mentioning the I-T raids
Finance Minister Nirmala Sitharaman said the same persons were raided in 2013 as well, but no issue was made out then as it is being done now
Minister of State for Finance Anurag Thakur said the government has taken various initiatives in the recent years to bring back black money from abroa