Income Tax: CBDT releases Offline Utility for filing ITR-1 and ITR-4 for AY 2022-23
The Central Board of Direct Taxes ( CBDT ) has released the Common Offline Utility for filing ITR-1 and ITR-4…
Category: Income Tax News
Aadhaar-PAN Linking : Latest Amendment
Under the provisions of the Income-tax Act, 1961 (“the Act”), every person who has been allotted a PAN as on…
CBDT Says ‘No’ To Physical Filing Of ITR, Audit Reports before Gujarat HC
The Gujarat High Court on January 18, 2022 sought assurance, by way of an affidavit, from the Central Board Of Direct…
Gujarat HC issues notice to Centre on physical filing of ITR, Audit Reports due to IT Portal glitches
The Gujarat High Court has recently issued notice to the Central Government on a plea seeking waiver of interest u/s 234A…
Infosys working very closely with I-T Dept on tax portal
Infosys CEO Salil Parekh on Wednesday said the company is working closely with the Income Tax Department on the next…
Filing of tax audit reports: ICAI bats for penalty waiver till March 31, 2022
In a memorandum to the CBDT Chairperson JB Mohapatra, ICAI sought waiver of penalty and other consequences for any delay…
Income Tax Department conducts searches in Gujarat
The Income Tax Department has carried out a search and seizure operation on a prominent group engaged in manufacturing of…
Faceless assessment scheme draws legal ire
The Central government’s faceless assessment scheme is finding itself on the wrong side of the law with unhappy assessees dragging…
Larger ITAT bench to rule on income tax deduction on pharma freebies
A two-member bench of the Income-tax Appellate Tribunal (ITAT) in Mumbai has directed that a larger bench should decide whether…
Income Tax Department conducts searches in Ahmedabad
The Income Tax Department carried out search & seizure operations on 28.09.2021 on a real estate developer group and the…
Income Tax Department conducts searches on Sonu Sood and others
The Income Tax Department conducted a search and seizure operation at various premises of a prominent actor in Mumbai and…
CBI awards 3-year jail to a CA in graft case
Convict Suman Kumar had pleaded that he is not a previous convict and is facing the agony of criminal trial…