Tuesday, April 13, 2021

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Central Board of Direct Taxes

3 senior IRS officers chargesheeted for creating uncertainty and panic by publishing unauthorised tax hike report, stripped of charge

One of the officers, Prashant Bhushan, is the general secretary of the IRS Association and his wife is a Congress MLA from Begusarai in Bihar.

Record number of Income Tax Return filed in a single day, I-T dept to issue PAN if ITR filed with only Aadhaar

The dept will allot a fresh PAN to a person who files I-T Returns (ITR) with only Aadhaar as part of a new arrangement to link the two databases

Government refutes reports of issue of en masse prosecution notice to TDS defaulters, says reports completely misleading

The taxation body claimed that a few defaulter firms are deliberately misleading the media to thwart action against themselves.

Income Tax collection in the country reaches a new record, Rs 10.03 Lakh Crores in 2017-18

Direct Taxes collections this year have exceeded budget expectations.

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