Income Tax Departement

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  Last Date To Link PAN With Aadhaar Card Approaching Soon: Here's How To Do It Online

  The Income Tax department is urging taxpayers to link their Permanent Account Number (PAN) with the Aadhaar Card before December 31, 2024.

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  Income Tax Department Raids Jharkhand Chief Minister's Close Aide

  The Income Tax department is conducting raids at the residence of Sunil Srivastava, allegedly a close aide and personal secretary of Jharkhand Chief Minister Hemant Soren, said sources on Saturday.

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  Top Tax Authority CBDT Forms Panel To Review Income Tax Law

  An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.

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  High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny

  Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.

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  Missed Income Tax Return Filing Deadline? You Can Still File ITR, Details Here

  The deadline for filing income tax returns for the fiscal year 2023-24 ended on July 31. Despite repeated appeals from taxpayers, the Income Tax Department decided not to grant an extension on the deadline.

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  Is Your Income Tax Return Delayed? Here's What You Should Do

  As the deadline for filing Income Tax Returns (ITR) has passed, many taxpayers are waiting for their refunds, which could be delayed due to several factors.

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  Over 7 Crore Income Tax Returns Submitted On Last Filing Day

  The Income Tax Department of the Government of India on Wednesday informed that over seven crore Income Tax Returns (ITRs) were filed on July 31, marking the last day for submissions.

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  What Happens If You Miss Income Tax Returns Deadline - Know Penalties, Fines

  July 31 is the last day for people and businesses to file their income tax returns for FY 2023-24. The deadline, set by the Income Tax Department, will not be extended this year.

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  How To Check Your Income Tax Refund Status Online Using PAN Card

  With the July 31 deadline to file income tax returns (ITR) fast approaching, the Income Tax Department is reminding taxpayers to submit their returns on time to avoid penalties and ensure a smooth refund process.

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  Making Exaggerated Claims To Get Refunds Punishable Offence: Tax Department

  The I-T Department has asked income tax return filers to not make bogus claims for expenses, under-report their earnings or exaggerate deductions as this is a punishable offence and causes a delay in issuance of refunds.

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  ITR Filing 2024 Deadline: Penalty For Missing The Income Tax Return Filing

  The Income Tax Department allows taxpayers who miss the original deadline to file a belated return by December 31 of the same calendar year.

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  Rs 1,100 Crore Cash, Gold Seized During Elections, 3 Times More Than 2019

  Over Rs 1,150 crore in cash and jewellery have been seized by the Income Tax Department, during the ongoing Lok Sabha elections, sources said on Friday. This marks an 182% increase compared to the Rs 390 crore seized during the last general elections

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  Link PAN With Aadhaar Card Before May 31: Income Tax Department To Taxpayers

  The I-T department noted that if a taxpayer fails to link the PAN with Aadhaar Card then it will lead to tax deduction at a higher rate.

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  Link PAN With Aadhaar By May 31 To Avoid Double Income Tax Deduction

  The income tax department today asked taxpayers to link PAN with Aadhaar by May 31 to avoid tax deduction at a higher rate.

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  Rs 40 Crore "Unaccounted" Cash Found In Raids On Agra Shoe Trader

  The Income Tax department on Saturday recovered about Rs 40 crore "unaccounted" cash during raids against some Agra-based shoe businesses, official sources said.