Tag: IT Dept

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Got a message on high value transaction from tax department?...

As per the Income Tax Act, 1961, interest income received from fixed deposits and savings bank account is chargeable and required...

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I-T dept reveals features of its new e-filing portal: Check...

Income Tax Department said said that all interactions and uploads, as well as pending actions, will be displayed on a single dashboard...

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Link PAN card to Aadhar in three days or pay a fine of...

The due date to link the Permanent Account Number (PAN) issued by the Income Tax department to Aadhar i.e. March 31 is not likely...

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Income Tax Return: Last date for filing returns is 30 November,

Before filing an income tax return, if you want to know what documents are required, then your problem can be easy.

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IT dept launches functionality for banks to check refund...

The Income Tax department on Wednesday said it has launched a functionality for scheduled commercial banks to check status of income...

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IT Department to map digital behaviour of taxpayers to...

“If I give you a requisition for five things, you (taxpayer) respond to one, and take adjournment to respond to the other, that’s...

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Income Tax Department to share PAN, TDS and bank account...

The “furnishing and receiving of information to and from” these central agencies will be done through the National Intelligence Grid...

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Income Tax Dept to Share PAN and Bank Account Details with...

The Income Tax Department will share PAN and bank account details of any entity with 10 investigative and intelligence agencies, including...

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Income tax department notifies exemption for sovereign...

The tax exemption will apply to interest, dividend and capital gain incomes Finance Minister Nirmala Sitharaman had in Budget 2020...

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New tax regime may put more cash in your hand

The new tax regime offers lower slab rates but doesn’t allow availing of deductions and exemptions

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