2023-10-02 14:08:00 The Income Tax Department’s e-filing portal received more than 30 lakh audit reports (TAR) up till September 30, the tax authority of India reported on Monday. In a release, the Income-tax Department expressed its gratitude to taxpayers and tax experts for timely compliance. The tax audit report had to be submitted by September … Read more
2023-07-31 19:09:03 More than 6.50 crore income tax returns (ITRs) were filed till 6 pm on July 31, the last day to file returns for the assessment year 2023-24, as per the I-T department. Despite various parts of the country battling floods and with Manipur under lockdown, the number of tax returns exceeded last year’s … Read more
2023-07-10 14:04:41 India’s net direct tax collection so far this fiscal grew 16 per cent to Rs 4.75 lakh crore, said Income Tax department on Monday. “Direct Tax collection, net of refunds, stands at Rs 4.75 lakh crore which is 15.87 per cent higher than the net collections for the corresponding period of last year.” … Read more