INCOME TAX UPDATE

income tax

Income Tax Department conducts searches group in Uttar Pradesh dealing in Mining

Income Tax Department carried out a search operation on 22.07.2021 on a group in Uttar Pradesh dealing in Mining, Hospitality, News Media, Liquor and Real Estate. The search began in Lucknow, Basti, Varanasi, Jaunpur and Kolkata. Cash of more than Rs. 3 crore has been seized and 16 lockers have been placed under restraint. Documents …

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INCOME TAX RETURN: Now you will also be able to do ITR file in your nearest Post Office, know how?

Now filing IT return will be easy, because India Post is also now giving you the facility to file ITR at the Common Service Center (Post Office, CSC) counter of your nearest post office. Let us tell you that India Post has already announced about this. Which is a big relief and good news for …

INCOME TAX RETURN: Now you will also be able to do ITR file in your nearest Post Office, know how? Read More »

INCOME TAX

Extension of time lines related to certain compliances by the Taxpayers under the Income-tax Act 1961

In view of severe pandemic, the Central Board of Direct Taxes, in exercise of its powers under Section 119 of the Income-tax Act, 1961, provides following relaxation in respect of Income-tax compliances by the taxpayers: a) Appeal to Commissioner (Appeals) under Chapter XX of the Income-tax Act, 1961 for which the last date of filing …

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