Income Tax
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Infosys says some users continue to face difficulties, working to streamline I-T portal experience
Business | Sep 23, 2021, 01:40 PM ISTThe Bengaluru-based company, which has drawn flak for glitches continuing months after the launch of the portal in June, said it has seen steady increase in usage over the last few weeks, and over 3 crore taxpayers have logged into the portal and successfully completed various transactions.
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Sonu Sood on allegations of tax dues amounting to Rs 20 crores: 'I am a law-abiding citizen'
Celebrities | Sep 21, 2021, 09:03 PM ISTIncome Tax Department recently conducted a search and seizure operation at various premises of actor Sonu Sood in Mumbai. When asked if there was any truth to the allegations, the actor rubbished it saying he is a 'law-abiding citizen'.
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Sonu Sood breaks silence on I-T raid controversy: Don't always have to tell your side of story
Celebrities | Sep 21, 2021, 08:53 PM ISTThe Income Tax Department accused Bollywood actor Sonu Sood of financial irregularities worth over Rs 20 crore by way of unutilised charitable funds, bogus contracts and circular transactions with one of his partner companies, and diverting funds to evade taxes.
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IT Returns 2021-22: CBDT extends due date for filing Income Tax till Dec 31
Business | Sep 09, 2021, 11:21 PM ISTThe Central Board of Direct Taxes (CBDT) on Thursday extended the due date for filing Income Tax Returns for assessment year 2021-22 till December 31, 2021.
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FM Nirmala Sitharaman lays foundation for Income Tax office Building in Bengaluru
Business | Sep 05, 2021, 02:53 PM ISTThe building has provision for solar panels for power generation and a Rain Water Harvesting system, they said.
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New Provident Fund Tax rules come into effect: Here's what will change now
Business | Sep 02, 2021, 04:28 PM ISTPF Income Tax Section, PF Interest Taxable: PF accounts will be split into two separate accounts. Tax will be collected from employees' contributions exceeding Rs 2.5 lakh per year in the taxable account.
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Government extends deadline for various tax compliances, VsV payments
India | Aug 29, 2021, 05:14 PM ISTThe deadline for filing the Equalisation Levy statement in Form-1 for the Financial Year 2020-21 has been extended till December 31, against the original due date of June 30.
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Pensioners' body urges govt to exempt pension from income tax; seeks PM intervention
India | Aug 29, 2021, 03:04 PM ISTThe Pensioners' body also referred to an apex court order where the Supreme Court had held that pension is valuable right vested in a government servant.
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IT e-filing portal now live after emergency maintenance: Infosys
Income Tax | Aug 23, 2021, 02:38 PM ISTThe new income tax e-filing portal developed by Infosys was launched on June 7 in a bid to ease the tax filing process and expedite the refund issue. However, taxpayers have been facing several problems in using the portal since its inception.
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Income Tax portal glitch: Finance Ministry summons Infosys CEO Salil Parekh tomorrow
Income Tax | Aug 24, 2021, 01:57 PM ISTIn a tweet, Income Tax India on Sunday wrote, "Ministry of Finance has summoned Salil Parekh, MD & CEO @Infosys on 23/08/2021 to explain to Finance Minister Nirmala Sitharaman as to why even after 2.5 months since the launch of new e-filing portal, glitches in the portal have not been resolved. In fact, since 21/08/2021 the portal itself is not available."
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Know how to link PAN Card And Aadhaar to get Income Tax Benefits
News | Jul 21, 2021, 04:00 PM ISTThe last date to link the Aadhaar number with PAN is 30 September 2021. Still, a large number of PAN cards have not been linked with Aadhaar and many people have to face problems while linking them.
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Government has created 'mess': Shashi Tharoor on new Income Tax portal
India | Jul 06, 2021, 12:40 PM ISTSenior Congress leader Shashi Tharoor on Tuesday attacked the Centre over the glitches in the new Income Tax portal.
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Have you linked your PAN card with Aadhar before? Must do it before June 30, here's why
Income Tax | Jun 24, 2021, 01:05 PM ISTThe last date to link Aadhar with Pan card has now been extended till June 30, 2021.
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Infosys regrets glitches, expects system to stabilise during week: Nilekani responds to Sitharaman
India | Jun 08, 2021, 11:48 PM ISTInfosys Co-Founder Nandan Nilekani has responded to Finance Minister Nirmala Sitharaman after the latter flagged issues in the new income tax e-filing website asking the technology company to fix the glitches.
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New online tax payment system, mobile app to be launched later: CBDT on upcoming e-filing portal
India | Jun 05, 2021, 11:24 PM ISTThe CBDT on Saturday said a proposed new online tax payment system and a mobile app on its soon-to-be launched advanced e-filing website will be activated on June 18 even as the portal will go live on Monday.
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Govt extends FY21 ITR filing deadline for individuals till Sep 30
Business | May 20, 2021, 07:12 PM ISTIn view of the Covid situation, the government on Thursday extended current financial year (FY21) Income Tax Return (ITR) filing deadline for individuals by two months till September 30, 2021.
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Income Tax E-filing website: New income tax e-filing portal to be launched for taxpayers on June 7
Business | May 20, 2021, 01:49 PM ISTThe existing web portal will be shut for six days between June 1-6. Officials said the new portal will be made more user-friendly.
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Govt extends timelines for tax compliance, ITR for FY20 can be filed till May 31
Income Tax | May 01, 2021, 03:49 PM ISTFiling of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Act, for Assessment Year 2020-21, which was required to be filed on or before March 31, 2021, maybe filed on or before May 31, 2021, the CBDT said.
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Income Tax department launches offline utility for ITR 1, 4
Business | Apr 05, 2021, 07:22 PM ISTThe offline utility is available on the e-filing portal and is based on new technology “JSON” (JavaScript Object Notation), which is a light weight format for storing data.
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Tax raids at residence of MK Stalin’s daughter in Chennai, DMK alleges political vendetta
India | Apr 02, 2021, 12:26 PM ISTThe DMK has condemned the Central government for 'searches' by income tax officials in the residence of MK Stalin's daughter Senthamarai in Chennai.