Tuesday, 9 August, 2022
TopicIncome Tax Department

Topic: Income Tax Department

Caused ‘blow’ to reputation, wasn’t quizzed – what Huawei India CEO’s plea on lookout notice says

Delhi HC has sought a response from the IT department over a lookout circular issued against Huawei India CEO, who was stopped from boarding a flight to Bangkok on 1 May.

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.

On Camera

YourTurn

Representational image | Indian Navy/Facebook

Tale of two ships – How Delhi is asserting Indianness of the Indian Ocean to China

A US Navy ship docked in an Indian port for the first time. And a Chinese ship couldn’t in Sri Lanka. New Delhi is finally pulling strings.
Representational image | Rupixen/Unsplash

‘We are cracking down’— how Modi govt plans to make it tougher for states to fund freebies

The Narendra Modi government is looking at ways to check states’ spending on handouts like free electricity and rations. The first step is to tighten the noose on state borrowings.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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