New Delhi [India], April 10 (ANI): To mitigate the hardships to taxpayers, Central Board of Direct Taxes (CBDT) on Thursday provided clarification on orders under Section 119 of the Income-Tax Act, 1961 issued relating to the issue of certificates for lower deduction/collection of TDS/TCS.
New Delhi [India], April 4 (ANI): The Income Tax Department on Saturday extended the deadline for individuals to submit forms 15G and 15H for the current fiscal by three months to claim exemption from Tax Deducted at Source (TDS) on interest income amid the COVID-19 crisis.
New Delhi [India], Mar 31 (ANI): All the employees of the Income Tax (IT) Department on Tuesday pledged to contribute their one day's salary to PM-CARES Fund constituted by Prime Minister Narendra Modi to combat the coronavirus outbreak situation in the country.
New Delhi [India] Mar 31 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday issued notification easing the process of issuing certificates for lower rate/nil deduction/collection of TDS or TCS with reference to the financial year 2020-21.
New Delhi [India], Mar 20 (ANI): The Supreme Court on Friday stayed Kerala and Allahabad High Court orders, which directed banks, financial institutions, income tax department and GST authorities to defer recovery proceedings or coercive measures till April 6 in the states in light of the
Raipur (Chhattisgarh), Mar 5 (ANI): Chhattisgarh government on Thursday said that news channels are levying various false allegations on top officials and on the role of Chief Minister's Secretariat in connection with the raids by Income Tax Department.
New Delhi [India], Mar 4 (ANI): In a major breakthrough, the TDS wing of the Income Tax Department has unearthed default of tax deducted at source (TDS) of Rs. 324 crore in the case of a major telecom operator in Delhi, Finance Ministry said on Wednesday.
Faridabad/Gurugram (Haryana) [India], Mar 4 (ANI): Income Tax Department on Wednesday conducted raids at the premises of former Congress MLA Lalit Nagar in Faridabad and Gurugram.
Durg (Chhattisgarh) [India], Mar 3 (ANI): The Income Tax Department raid at the Durg residence of Soumya Chaurasia, the Deputy Secretary of Chief Minister Bhupesh Baghel, has continued for over 20 hours.
Raipur (Chhattisgarh) [India], Mar 2 (ANI): Based on intelligence inputs, the Income Tax Department has conducted raids on a group of individuals, hawala dealers, and businessmen in Chhattisgarh's Raipur and revealed "unaccounted cash" from liquor and mining businesses that were being pai
Bhilai (Chhattisgarh) [India], Mar 2 (ANI): Income Tax Department on Monday conducted a raid on the residence of Saumya Chaurasiya, deputy secretary to Chhattisgarh Chief Minister Bhupesh Baghel.
Raipur (Chhattisgarh) [India], Mar 1 (ANI): Political temperatures have soared in Chhattisgarh days after the raids by the Income Tax Department on the premises of close aides of Chief Minister Bhupesh Baghel.