Don't share your PINs, passwords: I-T Dept tells taxpayers

Don't share your PINs, passwords: I-T Dept tells taxpayers

Income Tax Department on Friday cautioned taxpayers not to share their PIN or password of mails saying it never ask for such details.

Scrutiny notice to seek specific details from taxpayers: CBDT

CBDT has asked its field offices to make sure the assessment notice should contain details of specific information or documents to be furnished by the assessee.

Email project between Income Tax department, taxpayer delayed

Email project between Income Tax department, taxpayer delayed

The rollout of an ambitious pilot project of Income Tax department to begin paperless and email-based communication with taxpayers has been delayed as many chosen tax offices have not sent the required data to the CBDT even after over a month-and-a-half of the go-ahead.

Income Tax dept debuts on Twitter

Income Tax dept debuts on Twitter

The handle "incometaxindia_" is aimed to keep taxpayers and other users updated about the activities of the department.

 

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.

Income Tax refunds to be sent to taxpayers in 7-10 days

Income Tax refunds to be sent to taxpayers in 7-10 days

The department’s Central Processing Centre (CPC) as on September 7 processed 45.18 lakh returns and issued refunds to 22.14 lakh tax payers relating to assessment year 2015-16.

17 individuals owe a whopping Rs 2.14 lakh crore tax arrears

Just 17 individuals have a whopping Rs 2.14 lakh crore as outstanding tax arrears, with each of them owing more than Rs 1,000 crore.

FinMin asks taxpayers to e-file I-T returns early

FinMin asks taxpayers to e-file I-T returns early

The Finance Ministry today asked taxpayers to file their I-T returns for 2015-16 early to avoid the rush towards the last date of August 31.

Government notifies new and simplified ITR forms

The Income Tax department has notified the new set of ITR forms, including a three-page simplified one, for taxpayers to file their returns for assessment year 2015-16.

Working to make life easy for taxpayers: CBDT

The CBDT is working to create an atmosphere where a taxpayer's life becomes so "easy" that they are never compelled to visit an I-T department office and the hassle of paying taxes is "eliminated totally", its chief has said.

E-filing of select ITRs to begin soon

E-filing of select ITRs to begin soon

Taxpayers wanting to file online I-T returns for assessment year 2015-16, using the newly notified ITR-2 or ITR-2A forms, will have to wait for few more days as the tax department is in the process of launching the facility on its official website.

All I-T refunds to be put directly in bank accounts: CBDT

The department is also planning to fully adopt and use banking services to end the current system of sending I-T refunds over the value of Rs 50,000 via cheques through the postal department.

Govt to modify new income tax return forms

Government on Tuesday said it has decided to "modify" the new Income Tax Return (ITR) forms in wake of concerns raised over them.

Govt to review new income tax return forms, make them simple

Govt to review new income tax return forms, make them simple

Government on Saturday announced that new Income Tax Return (ITR) Forms that require disclosure of details regarding bank accounts and foreign trips undertaken by an individual will be reconsidered, a move that comes after criticism from tax experts and others.

New income tax return form to be reconsidered and simplified

The Finance Ministry on Saturday said the new income tax return (ITR) form will be reconsidered and simplified.

Now, disclose bank accounts, foreign travels in IT returns

Taxpayers will have to disclose all bank accounts held by them in the country and instances of foreign travel to the Income Tax department while filing their returns for the assessment year 2015-16.

End of paper trail in e-filing of I-T returns; Aadhaar added

In a major step aimed at easing taxpayer grievances, CBDT on Friday announced that assessees filing I-T returns online will no longer have to send the paper acknowledgement by post as a new Aadhaar-based electronic verification code has been launched to authenticate this document.

Taxpayers to disclose bank accounts, foreign travel to Income Tax department

Taxpayers will have to disclose all bank accounts held by them in the country and instances of foreign travel to the Income Tax department while filing their returns for the assessment year 2015-16.

FM Jaitley pitches for low taxes, taxpayers as 'partners not hostages'

Jaitley said he is "acutely aware" that there are concerns about retrospective taxation, tax harassment and arbitrariness in tax administration, especially those relating to cases of transfer pricing.

CBDT asks I-T dept to act on public grievances after PM's rap

CBDT has called for according a "top priority" to addressing taxpayers' grievances by the Income Tax department after Prime Minister Narendra Modi expressed his disappointment about delays in corrective action and harassment of the assesses by tax officials.