• 1121 stories TAX RETURNS

14 days ago
No inconsistency in government data on taxpayers: CBDT

New Delhi, Aug 18 (IANS) Refuting reports regarding inconsistency in the estimate of the number of taxpayers added after demonetisation, the Central Board of Direct Taxes (CBDT) on Friday clarified that the various government statements referred to different time periods. It is clarified that there is no inconsistency in the data provided by the government in the statements, as these are...

16 days ago
No confusion about figures by PM in I-Day speech: Jaitley

New Delhi, Aug 16 (IANS) In a bid to silence critics, Union Finance Minister Arun Jaitley on Wednesday said there was no confusion in figures given by Prime Minister Narendra Modi in his Independence Day speech on black money deposited in banks after demonetisation. He said the figures on potential revenue gain is based on investigations and notices by the Revenue Department and Central ...

17 days ago
PM offers love to Kashmir, says India can fight any security challenge

New Delhi, Aug 15 (IANS) India is capable of fighting any security threat on borders, space or cyberspace, Prime Minister Narendra Modi said on Tuesday, as he urged militants in Kashmir to shun violence and let love resolve the dragging problem. Addressing the nation on India's 71st Independence Day, Modi also called for a New India free of casteism, communalism, terrorism and corruption...

17 days ago
Over Rs 3 lakh cr came into system after note ban: Modi

New Delhi, Aug 15 (IANS) Listing the achievements of the NDA government in curbing black money, including demonetisation, Prime Minister Narendra Modi on Tuesday said that authorities had confiscated black money worth over Rs 1 lakh crore and around Rs 3 lakh crore had been brought into the banking system. In the last three years, more than Rs 1,25,000 crore of black money has been caugh...

22 days ago
Indian origin activist places inflatable 'Trump chicken' near White House

Washington, Aug 10 (IANS) An Indian origin activist placed a giant inflatable rooster bearing a striking resemblance to President Donald Trump near the White House to protest his weak and ineffective leadership. Taran Singh Brar, a documentary filmmaker, installed the 30-foot Chicken Don balloon between the official residence of the US President and the famous Washington Monument on Wedn...

25 days ago
Income tax returns filed up 25%, advance personal income tax by 42%

New Delhi, Aug 7 (IANS) Claiming a demonetisation effect, the government on Monday said the income tax returns filed in the current fiscal has seen a 25 per cent increase and the advance individual income tax collections have gone up by 42 per cent. As many as 2.83 crore income tax returns were filed till August 5 this year as compared to 2.27 crore returns filed in 2016-17 assessment ye...

27 days ago
Hardly any rush to file hard copy of I-T returns on last day

New Delhi/Chennai/Kolkata/Mumbai Aug 5 (IANS) Signalling the spread of digitisation in India, income tax (I-T) offices across the country did not witness any rush of assessees waiting to manually file their income tax returns for the 2016-17 fiscal by the deadline on Saturday. The government had extended the deadline for filing of IT returns for the fiscal 2016-17 (assessment year 2017...

27 days ago
Smooth filing of I-T returns in Chennai

Chennai, Aug 5 (IANS) Filing of income tax returns for the 2016-17 fiscal was going on smoothly at the special counters set up at the Income Tax office here on Saturday, with no technical or other glitches reported so far. Not much of a crowd of assesses was witnessed since many preferred to file their ITRs online. The filing is being done smoothly and briskly. We are not facing ...

28 days ago
Aadhar number not mandatory for registering deaths, clarifies government

New Delhi, Aug 4 (IANS) The government said late on Friday that use of Aadhaar number for registration of death of an individual is not mandatory. In a clarification issued in the night, it said reports that Aadhaar number was mandatory for registration of death of an individual were totally incorrect. It is not mandatory, the release said. Earlier, in a statement, the g...

28 days ago
Kerala HC allows ITR filing without PAN-Aadhaar linking

New Delhi, Aug 4 (IANS) The Kerala High Court on Friday passed an interim order to allow filing of Income Tax Returns (ITR) for 2016-17 fiscal in a specific case without linking Permanent Account Number (PAN) and the Aadhaar card. The High Court has admitted the matter and passed an interim order, directing the Income Tax Officer concerned to allow the petitioner to file IT Returns manua...

28 days ago
Aadhaar made mandatory for securing death certificate

The government has directed that relatives applying for a person's death certificate will have to provide the dead person's Aadhaar number to prevent identity fraud or obviate the need for producing multiple documents to prove his or her identity. The Registrar General of India, under the Home Ministry, has issued directions to states to ensure compliance by registration authorities, an ...

28 days ago
Income tax offices to remain open on Saturday for ITR filings

New Delhi, Aug 4 (IANS) All income tax offices will remain open till Saturday midnight to facilitate manual filing of income tax returns for the 2016-17 fiscal on the last day fixed for such filings, the Central Board of Direct Taxes (CBDT) said on Friday. August 5, being a Saturday, the CBDT has directed that necessary arrangements be made for receiving income tax returns up to midnight...

28 days ago
Now, Aadhaar must for death certificates

New Delhi, Aug 4 (IANS) In order to prevent identity fraud or the need for producing multiple documents to prove a dead person's identity, the government has directed those applying for a death certificate will have to provide the deceased's Aadhaar number, an official statement said on Friday. The Registrar General of India, under the Home Ministry, has issued directions to states to en...

1 month ago
Ronaldo denies any wrongdoing on tax fraud case

Madrid, Aug 1 (IANS) Real Madrid star Cristiano Ronaldo, accused of tax fraud, has denied any wrongdoing. In a statement on Monday published by an agency which represents him, Rolando said he had no intentions of evading taxes, reports Xinhua news agency. I have never hidden anything, nor have I had the intention of evading taxes, Ronaldo said. I always voluntarily file m...

1 month ago
Taxing time for Delhi taxpayers before last date for filing return extended

New Delhi, July 31 (IANS) Thousands of people who visited the Income Tax office here on Monday to file their returns on the last day to do so had a tough time standing in long winding queues to beat the deadline, though later in the day it was extended till August 5. The extension of deadline by the Central Board of Direct Taxes (CBDT) for filing Income Tax Returns (ITRs) until August 5 ...

1 month ago
ITR filing deadline extended till August 5

New Delhi, July 31 (IANS) The deadline for filing Income Tax Returns for 2016-17 has been extended till August 5, the Income Tax Department said on Monday, and asked taxpayers to link their Aadhaar Cards with PAN latest by August 31. In view of the difficulties faced by taxpayers, the date for filing of Income Tax Returns for 2016-17 has been extended to August 5, the department tweeted....

1 month ago
ITR filing deadline extended till Aug 5: CBDT

New Delhi, July 31 (IANS) The Central Board of Direct Taxes (CBDT) on Monday extended the deadline for income tax return filing for 2016-17 till August 5. In view of the difficulties faced by taxpayers, date for filing of Income Tax Returns for 2016-17 has been extended to August 5, the Income-Tax department tweeted. The decision was announced on Monday, the last date for filing ...

1 month ago
ITR filing date extended to Aug 5: CBDT

New Delhi, July 31 (IANS) The Central Board of Direct Taxes (CBDT) on Monday extended the income tax return filing date for 2016-17 till August 5. In view of the difficulties faced by taxpayers, date for filing of Income Tax Returns for 2016-17 has been extended to August 5, the Income-Tax department tweeted. --IANS mm-ag/rn ...

1 month ago
Italian actor jailed for dodging tax

Rome, July 25 (IANS/AKI) A court in Rome on Tuesday gave a suspended 18 month prison sentence to Italian movie star Raoul Bova for tax evasion. The 45-year-old heart-throb and star of many Italian box office blockbusters dodged almost 700,000 euros of tax between 2005 and 2011 according to prosecutors. The prosecutors accused Bova of making fraudulent tax returns. Bova's lawyer s...

1 month ago
Privacy cannot be excuse for evading tax obligations: Jaitley

New Delhi, July 24 (IANS) In the backdrop of the debate generated by the appeals on Aadhaar being currently heard by the Supreme Court on whether privacy is a fundamental right, Finance Minister Arun Jaitley on Monday said privacy cannot be touted as an excuse not to comply with one's legal obligation on tax matters. Taxes are the backbone of any economy. In India, the mindset of the peo...

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