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  Income tax audit report deadline extended to Oct 7: Check penalties for missing due date

  Business | September 30, 2024 12:21 IST

  The announcement from the CBDT comes in response to the challenges taxpayers faced with electronic submissions under the Income Tax Act, particularly due to issues with the e-filing portal.

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  Good news for taxpayers: CBDT launches online mechanism to address tax disputes, check details

  Business | September 05, 2024 23:55 IST

  The CBDT said the e-DRS enables the taxpayers to file an application electronically for dispute resolution to the Dispute Resolution Committees (DRC) designated for the region of Principal Chief Commissioner of Income Tax having jurisdiction over the taxpayer.

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  Tax Devolution: Finance Commission advised to treat FY21, FY22 differently

  Business | September 05, 2020 10:32 IST

  The council suggested that the 15th Finance Commission under the chairmanship of N. K. Singh will have to take a nuanced approach towards tax devolution to the states, other transfers, financing of expenditures in the midst of revenue strains including through borrowings and the path of fiscal consolidation.

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  CBDT meets officials to dispel doubts on faceless tax collection

  Business | August 19, 2020 14:17 IST

  The government has assured income tax officials that implementation of the new faceless and contactless tax administration would not cause any large-scale movement of officers or officials and all the changes would be done within the existing manpower preferably at the existing locations.

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  Arun Jaitley to launch two initiatives of tax department

  October 26, 2015 20:44 IST

  New Delhi: Finance Minister Arun Jaitley will tomorrow launch eSahyog and Pan camps, initiatives of the Income Tax Department to improve services.Through eSahyog he will launch the paperless initiative of the Central Board of Direct

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  Check your new I-T assessment range before filing returns

  April 22, 2015 19:47 IST

  NEW DELHI: With income tax returns filing season commencing soon, taxpayers have been advised to re-check their new assessment ranges as the I-T department has carried out a large-scale restructuring and jurisdictional change of its