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

Last Updated: Tuesday, July 08, 2014, 11:49

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.

Issue TDS certificates on time to customers: RBI to banks

Last Updated: Wednesday, November 06, 2013, 22:24

The RBI Wednesday asked banks to put in place systems to enable timely issuance of TDS certificates to their customers.

IAS officer refutes allegations of disproportionate assets

Last Updated: Thursday, October 31, 2013, 14:29

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

Last Updated: Sunday, August 04, 2013, 10:28

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.

E-filing of income tax returns to surge on new norms

Last Updated: Sunday, July 14, 2013, 10:48

"A large number of people come under Rs.5 lakh to Rs.10 lakh category. The lowering of income limit for mandatory e-filing will give a boost to online filing of returns," Vineet Agarwal, a director at KPMG India, said.

Top I-T officials to discuss ways to augment revenue

Last Updated: Monday, May 27, 2013, 19:19

With government targeting Rs 6.68 lakh crore from direct taxes, top income tax officers will gather here tomorrow to discuss ways to augment revenue collection and widen tax base.

I-T sends letters to 35,000 assessees for not filing returns

Last Updated: Monday, May 27, 2013, 19:07

Continuing its drive against non-filers, the Income Tax Department Monday sent letters to another 35,000 such assessess for not filing tax returns, taking the total number of these letters to 1.75 lakh.

Government to introduce new ITR form by month-end

Last Updated: Friday, March 15, 2013, 20:08

Government will introduce new forms for filing of income tax returns for the assessment year 2013-14 by the end of this month, Minister of State for Finance S.S. Palanimanickam said on Friday.

'E-filing must for people with annual income above Rs 5 lakh'

Last Updated: Tuesday, March 05, 2013, 17:16

Taxpayers having an annual income of over Rs 5 lakh will be required to file their returns in electronic form, a senior Finance Ministry official said on Tuesday.

I-T refunds decline 23.33% in April-September

Last Updated: Sunday, October 21, 2012, 15:45

In case of refund bank facility, refund directly goes to account of concern assessee.

Last date for filing Income Tax returns extended to Aug 31

Last Updated: Wednesday, August 01, 2012, 19:39

The Central Board of Direct Taxes (CBDT) has extended the 'due date' of filing of all returns for the Assessment Year 2012-13 which were due to be filed by July 31 to August 31, 2012, an official statement said.

File income tax return online: It's easier, secure

Last Updated: Monday, July 16, 2012, 10:04

As the July 31 deadline for filing income tax returns looms, there is usually a huge rush among the taxpayers.