Saturday, 22 January, 2022
TopicIncome Tax

Topic: Income Tax

Income tax refunds worth Rs 92,961 crore issued to 63.23 lakh taxpayers in 2021-22

The figure includes income tax refunds of Rs 23,026 crore in 61,53,231 cases and corporate tax refunds of Rs 69,934 crore in 1,69,355 cases, an official Twitter post said.

I-T ‘survey’ of NewsClick, Newslaundry shows ‘dangerous trend’ of govt harassing media: EGI

Read the full statement issued by the Editors Guild of India against the income tax department's 'surveys' conducted Friday at NewsClick, Newslaundry offices in New Delhi.

IT department ‘surveys’ offices of media portals NewsClick, Newslaundry in Delhi

The IT department said officials are conducting 'survey operations' at business premises of the two portals to verify certain tax payment details and remittances made by them.

Income tax portal’s technical glitches being ‘progressively addressed’, CBDT says

The Central Board of Direct Taxes also said that a positive trend has been observed in the various filings on the portal and Rs 1.19 crore Income Tax Returns have been filed so far.

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.

Nirmala Sitharaman sets 15 September as deadline for Infosys to fix income tax portal glitches

Finance Minister, who met Infosys CEO Salil Parekh, conveyed 'deep disappointment and concern' over the continuing glitches in the new income tax filing portal.

Finance Ministry summons Infosys CEO Salil Parekh over persistent glitches on I-T website

The new income tax e-filing portal has reported issues since its launch on 7 June and has been 'not available' since 21 August.

Donations to SGPC gurdwaras eligible for tax exemption, income tax tribunal says

Twelve years after Shiromani Gurdwara Parbandhak Committee filed an appeal calling for exemptions to its donors, an IT tribunal Monday gave approval for the exemption under Section 80G of IT Act.

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 department issues 3 email IDs to register taxpayers’ grievances

Under the technology-driven faceless schemes, a taxpayer will not be required to visit IT department's office or meet an official for income tax related complaints.

On Camera

YourTurn

File photo of students protesting against the reservation in Bandra | Representational image | ANI Photo

Indian drawing room talk on ‘merit’ stands demolished by Supreme Court NEET ruling

Supreme Court's explanation on the constitutional validity of OBC quota in NEET rejects commonly held views of dominate castes who are blind to India's social realities.
A Reliance Mall in Jamnagar

Reliance’s profit surpasses estimates on back of festive season retail surge, shale sale in US

Launch of affordable 4G JioPhone & hike in mobile tariffs pushed profits during Oct-Dec 2021 quarter. Revenue from refining operations also improved with revived fuel demand.

Defence

The MacMahon Line, with Arunachal Pradesh marked in red | Source: US Department of Defence

Behind teen’s ‘abduction’ on LAC in Arunachal, a legacy of colonial maps, empires and wars

It's not clear which side of LAC Miram Taron was on when he was ‘kidnapped’. Different perceptions of the border in India & China and competing maps make this tricky ground.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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