Donald Trump taps climate change sceptic as energy adviser, pushes back on taxes

Donald Trump taps climate change sceptic as energy adviser, pushes back on taxes

Donald Trump on Friday picked a prominent climate change sceptic to help him craft his energy policy and pushed back against renewed calls that he release his income tax returns - saying his tax rate is "none of your business."

CBDT sets August 31 as deadline for clearing pending ITRs, refunds

CBDT sets August 31 as deadline for clearing pending ITRs, refunds

Taxpayers have been advised to check their status of pending returns for the said AYs at the IT department website for e-filing -- http://incometaxindiaefiling.Gov.In/. They can log in by using their PAN number and specific year of assessment.

ClearTax appoints three veteran Flipkart techies

ClearTax appoints three veteran Flipkart techies

 ClearTax, India's leading Income Tax Returns e-filing website, has announced the appointment of Prasanth Nair, Aakash Bapna and Jai Santosh as a part of its technology vertical.

 

Individual e-filing of I-T returns likely from mid-April

Individual e-filing of I-T returns likely from mid-April

  E-filing of income tax returns for individuals for the assessment year 2016-17 is likely to begin sooner this time as the revenue department will put in place the necessary software by mid-April.

Disclose correct details of interest income in ITR: CBDT

Disclose correct details of interest income in ITR: CBDT

The revenue department on Wednesday asked taxpayers to file correct details of interest received from term deposits for the assessment year 2014-15 on or before March 31, while filing their Income Tax returns (ITRs).

 

 Congress declares highest total income at Rs 1,687 crore followed by BJP

Congress declares highest total income at Rs 1,687 crore followed by BJP

Indian National Congress topped the chart of political parties in India by declaring the highest total income at Rs 1,687.12 crore, followed by the BJP, for the period 2010-11 to 2013-14, according to a report by the Association for Democratic Reforms (ADR). 

IT Dept processes 3.27 cr returns during April-December

IT Dept processes 3.27 cr returns during April-December

Income Tax Department has processed 3.27 crore returns and has issued refunds in 1.81 crore cases.

CBDT to issue pre-filled ITR forms to ease e-filing

CBDT to issue pre-filled ITR forms to ease e-filing

As part of efforts to popularise the electronic mode of filing Income Tax Returns (ITRs), the CBDT is planning to provide "pre-filled" return forms to filers which will have an automatic upload of data on income and other vitals of a taxpayer.

I-T dept receives 2 crore returns on e-filing portal till Sept 7

The income tax department has received 2.06 crore returns, up 26.12 percent, on its e-filing portal as of September 7 - the last day for filing the returns by individuals.

E-filing: I-T dept to send 24-hr valid password to taxpayers

E-filing: I-T dept to send 24-hr valid password to taxpayers

The deadline for filing ITRs is August 31.

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Court pulls up I-T Dept for withholding info on foreign accounts

A Delhi court on Thursday pulled up the Income Tax (IT) Department for withholding information on foreign bank accounts of those persons against whom it has filed complaints and slapped a fine of Rs 10,000 on it.

Foreign travel details in ITR at suggestion of SIT: Jaitley

Foreign travel details sought in the new income tax return (ITR) forms was done so that risk profiling for detection of tax evasions could be done but the form is being modified in view of the opposition to it.

Biz leaders meet FM Jaitley; want tax return forms simplified

The industry representatives said after the meeting that Jaitley assured them to look into simplifying the ITR and at making the forms smaller and the process of filing returns quicker.

FM Jaitley to meet business chambers Friday on ITR forms

Finance Minister Arun Jaitley is likely to meet business chambers on Friday to get their views on new income tax returns form, after the government faced flak over it seeking details on bank accounts and foreign travel.

SC gives CBI three-month deadline to get details on NGOs I-T returns

The Supreme Court on Tuesday granted three months time to the Central Investigation Bureau (CBI) to provide information related to filing of Income Tax returns by the NGOs registered in the country.

IAS officer refutes allegations of disproportionate assets

IAS officer Manoj Agarwal, who has been charged by the CBI for amassing assets disproportionate to his known source of income, has refuted the allegations saying all the assets have been duly mentioned in Income Tax returns and the case was registered in a "malafide manner".

E-filing of I-T returns crosses one-crore mark

The Central Board of Direct Taxes (CBDT), the administrative authority of the Income Tax department, has recently enhanced the last date for filing of I-T returns, both manual and e-filed, to August 5 for the 2013-14 fiscal.