All pending income tax refunds up to Rs 5 lakh will be issued immediately to individuals and business entities. The Income Tax Department, on its official Twitter handle,
What is PAN? Permanent Account Number (PAN), is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central
Experts said that the dept is pushing taxpayers to settle but govt says that it’s only ‘encouraging’ them to do so. The income tax department is asking companies
The helpline phone number and email ID launched by the income tax department will help the taxpayers to get assistance regarding the income tax notices received by them
Income-tax department is very ridiculously making additions in the assessments which is resulting in heavy demand on the taxpayers. After demand, rigourous recovery action is taken which starts
The Central Board of Direct Taxes ( CBDT ) has directed to communicate that all the CsIT(A) in respective regions be directed that all such pending appeals for
Imran Sherkhan Vs ITOWhether cash deposit made by the assessee in his bank account followed by cash withdrawal of higher amount cannot be disputed by the Revenue to
This has led to bloated tax liability on capital gains and denial of credit for TDS, among other issues. Hundreds of taxpayers are believed to have received notices
F. No. 225/333/2019/ITA-1IGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Nor~Block, New Delhi,Dated, the 29 of November, 2019ToAll Pr. Chief-Commissioners of Income Tax/All Pr. Directors
Sowmya V. belongs to 2011 batch of Indian Revenue Service, presently working as Deputy Director of Income Tax, CPC, Bangalore. She has over 8 years of experience in
