Taxpayers News

Taxpayers will not be able to file Form 15CA and 15CB from 31st May midnight to 6th June 2021
Posted in Taxpayers on 26 May 2021
Taxpayers would not be able submit Form-15CA & 15CB during the intervening period of revamp of e-filing portal, i.e. from midnight of 31st May till midnight of ..
Taxpayers wrongly charged with late fee u/s 234F inspite of extension announcement
Posted in Taxpayers on 02 January 2021
It has been communicated by various taxpayers and professionals that the Income Tax Portal is charging a late fee u/s 234F in spite of the extension announcemen..
Central Government notfies the dealers in precious metals, precious stones as "persons carrying on designated businesses or professions"
Posted in Taxpayers on 29 December 2020
The Central Government has notified that the dealers in precious metals and precious stones will be referred to as "persons carrying on designated businesses or..
1.4 lakh crore taxpayers declare income above 1 crore
Posted in Taxpayers on 23 October 2018
CBDT releases Direct Tax Statistics Constant growth in direct tax-GDP ratio over last three yearsGrowth of more than 80% in the number of returns filed in the l..
Tax structure needs to be simplified
Posted in Taxpayers on 23 July 2014
Tax Structure Needs to be Simplified to Help the Taxpayers Becoming Tax Compliant Rather than Tax Evaders: Ms Nirmala Sitharaman, Minister of State for Finance ..
View your arrear demand
Posted in Taxpayers on 13 September 2012
As a Taxpayer friendly initiative, a facility to view details of Arrear Demand of taxpayers as communicated by their Jurisdictional Assessing Officers (A.O.)..
Taxpayer's Lounge - the stall set up by Income Tax Department at India International Trade Fair 2011
Posted in Taxpayers on 30 November 2011
Taxpayers Lounge the stall set up by Income Tax Department at India International Trade Fair 2011 receives the First Prize in the category Government Depar..
Discretion to customers for selection between RTGS and NEFT
Posted in Taxpayers on 13 August 2011
RBI/2011-12/152 DPSS (CO) EPPD No./274/04.03.01/2011-12 August 12, 2011 The Chairman and Managing Director / Chief Executive Officer of member banks pa..
IT Initiatives: New Simplified form 'Sugam' to be introduced for small tax Payers - Steps initiated to Reduce tax Related Litigation
Posted in Taxpayers on 28 February 2011
IT Initiatives: New Simplified form Sugam to be introduced for small tax Payers - Steps initiated to Reduce tax Related Litigation The Union Budget 2011-12 h..
Data of PAN to be verified
Posted in Taxpayers on 21 July 2009
Identity and address of a certain percetange of PAN applications will beverified by visiting the PAN applicants. Hence, an authorized third party agency may vis..