Income Tax department developing mobile app for filing returns
Income Tax department developing mobile app for filing returns

Income Tax department is developing a mobile app which can be used by users for filing their tax returns, a top finance ministry official said Saturday.


GST regime to have 8 forms for filing tax returns
GST regime to have 8 forms for filing tax returns

The Joint Committee on Business Process for GST in relation to GST Return has suggested filing of a periodic e-return for Central GST, State GST and Integrated GST.

I-T dept collects over Rs 3,500 crore from non-filers

The Income Tax department has issued over 20 lakh "intimations" and collected Rs 3,569 crore in the current financial year from those taxpayers who had either not filed their tax returns or did so incorrectly.

CBDT rationalises norms of scrutiny of tax returns

The Income Tax Department has rationalised the norms for manual selection for scrutiny of tax returns to bring it in line with global best practices.

E-returns: CBDT may soon do away with submission of ITRV form

"The decision could happen soon as this concerns a lot of taxpayers and will be seen as customer-friendly," a source privy to the development said.

FinMin assures India Inc of efficiency in tax administration

"As per law we will go for revenue, but what is due, we will do as per rules ... Please trust us. Ultimately we need to trust you, you need to trust us. Without trust, nothing can move on," Revenue Secretary Sumit Bose said at a CII event here.

CA student hacks industrialist Anil Ambani's I-T account

A young chartered accountant student from Hyderabad has allegedly hacked into the e-filing of income tax returns account of leading industrialist Anil Ambani, with an intention to know his income and tax amount paid over a period of time, police said today.

Govt extends last date for filing income tax returns to Aug 5

The due date, which was today, has been extended in wake of "unprecedented surge" in number of I-T returns being filed electronically.

Special counters to file tax returns in Delhi

Special counters for filing of tax returns will be set up in the national capital.

Top Pakistani cricketers guilty of never filing tax returns

Pakistan`s Federal Board of Revenue has revealed that a shocking number of national cricketers refrain from filing tax returns.

No need to file I-T returns if salary doesn't exceed Rs5L/year

Salaried employees earning up to Rs 5 lakh a year will not be required to file income tax returns from this year.

Romney to right tax "mistake" after primary loss

Mitt Romney lost to a resurgent Newt Gingrich in the conservative South Carolina on Saturday.