Wednesday, 19 January, 2022
TopicIncome Tax Department

Topic: Income Tax Department

Income tax dept extends ITR verification deadline till February for FY20

The CBDT said a large number of electronically filed ITRs for the Assessment Year 2020-21, still remain pending with the Income Tax department.

Over 4.67 cr ITRs filed till 27 December for fiscal year 2020-2021

The last date for filing ITRs for 2020-21 by individual taxpayers is 31 December, extended from the original date of 31 July. A total of 15.49 lakh ITRs were filed on 27 December.

IT dept alleges Sonu Sood, associates evaded Rs 20 crore tax, violated FCRA

According to the CBDT, the main modus operandi followed by the actor had been to route his unaccounted income in the form of bogus unsecured loans from many bogus entities.

12-hour tax ‘survey’ at Newslaundry, Newsclick offices, portals say ‘personal data’ seized

Newslaundry CEO Abhinandan Sekhri said an I-T team downloaded data from his personal mobile phone, laptop. Newsclick says not the first time it was targeted by agencies.

IT dept asks taxpayers to send online response for pending refunds of AY 2020-21

According to an official statement issued Sunday, 93% of the refund claims, of over Rs 15,269 crore, in ITRs filed for the assessment year 2020-21 have been processed till date.

Tax filing deadline nears but new I-T portal faces glitches even 2 months after launch

Taxpayers and chartered accountants are struggling to file I-T returns on the new portal developed by Infosys.

Income Tax dept to refund excess interest, late fee paid by taxpayers while filing FY21 ITR

The last date for filing ITR for the last financial year has been extended till 30 September 2021, from 31 July to give taxpayers compliance relief during the Covid pandemic.

Agencies being used as coercive tool: Editors Guild concerned after Dainik Bhaskar, Bharat Samachar raids

Editors Guild of India Friday says the raids, at a time the Pegasus row is happening, raises concerns about press freedoms. Read the full statement here.

CBDT detects Rs 880 crore concealed income after survey of Bengaluru service company

Quess Corp Limited has refuted the charges of concealment of income and said that it was extending full cooperation to the department.

‘Hollow threats’ — AAP’s Atishi slams BJP for serving her IT notice over 2020 affidavit

The AAP MLA said that Modi govt has used every agency to harass AAP leaders but could not sustain a single case against the party.

On Camera

YourTurn

How England’s dying industrial towns became the West’s largest jihad factory

Malik Faisal Akram had no known affiliation with jihadist groups. Ideas that led him to take hostages in a Texas synagogue seeped into his mind almost by osmosis.

NTPC looks to coal imports to avoid new power crunch

India’s largest electricity producer is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.

Defence

File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
×