Tag Archives: India

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Expeditious issue of Refunds is a High Priority for the Central Board of Direct Taxes (CBDT); Over 4.19 crore Income Tax Returns (ITRs) processed and over 1.62 crore refunds issued during the Current Financial Year up to 10th February, 2017.

The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) at Bengluru has already processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current financial year up to 10th February, 2017. The … read more

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General Election to the Legislative Assembly of Uttar Pradesh-violation of the provisions of Section 126A of RP Act, 51, and the Commission’s notification dated 27-01-17.

The Commission had notified on 27-01-17 the period during which conducting any exit poll and publishing or publicizing by means of print or electronic media or disseminating results in any other manner would be prohibited during the current elections, … read more

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Operation Clean Money by IT Dept gets overwhelming response. More than 5.27 lakh taxpayers submitted their response till 12th February, 2017. Last date for the submission of online response extended up to 15th February, 2017.

The Income Tax Department (ITD) had initiated ‘Operation Clean Money’ on 31st January, 2017 for the e-verification of large cash deposits made during the period from 9th November to 30th December, 2016. Email and SMS were sent to 18 lakh taxpayers for submitting online response on the e-filing portal. read more

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