Supreme Court disposed of 573 direct tax cases after revised monetary limit of filing of appeals: Finance ministry

Sep 24, 2024

The Supreme Court has disposed off 573 direct tax cases where the tax effect is less than Rs 5 crore, in view of the...

Net direct tax collections for 2021-22 grow over 74 pc

Sep 24, 2021

New Delhi [India], September 25 : The gross direct tax collections for 2021-22 have registered a growth of 47 per cent and the net...

I-T department refunds Rs 62,361 crore during COVID-19 lockdown days: CBDT

Jul 03, 2020

New Delhi [India], July 3 : The Central Board of Direct Taxes on Friday announced that the Income Tax Department has issued refunds for...

Income Tax dept conducts searches in Assam

Feb 03, 2021

New Delhi [india], February 3 : Income Tax Department carried out search and survey action on January 29 in cases that involve three leading...

CBDT identifies mismatches in ITR, third party information; function made available on portal to reconcile

Feb 26, 2024

The Income Tax Department on Monday said it has identified certain mismatches between the information received from third parties on interest and dividend income,...

Taxpayers confidence on us gave surplus tax collection: CBDT chief Mody

Apr 09, 2021

New Delhi [India], Apr 9 : Faceless assessments and appeals along with online facilities provided confidence in tax payers discharging their liabilities which led...