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India income tax News

29 Nov 2018

CBDT allows taxman to widen certain 'limited scrutiny' cases

The CBDT has said that it only picks less than 1 percent cases, out of the total returns filed, for scrutiny every year.

24 Dec 2015

Now, income tax e-notices to have official phone number, email of taxman

The department has recently launched a first-ever pilot project to begin an email based scrutiny assessment of taxpayers in select cities.

India income tax

08 Jun 2015

Govt will have to forget direct tax of Rs 6.73 lakh crore

A paper presented during the recently held All India Conference of Chief Income Tax Commissioners stated that the department might recover 19% of Rs 8 lakh crore. But there's a rider: even this is going to be a 'tough task'.

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