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Income Tax Department

PAN Aadhaar Link: 17 crore cards may become useless if this Income Tax Department's instruction is not followed

PAN Aadhaar Link: 17 crore cards may become useless if this Income Tax Department's instruction is not followed

Thu, Mar 19, 2020

PAN Aadhaar Link: The Income Tax Department has said that it is mandatory to link your PAN and Aadhaar cards before 31st March, 2020.

Aadhaar PAN Link: Your card may become useless after 31st March; do this or face trouble

Aadhaar PAN Link: Your card may become useless after 31st March; do this or face trouble

Tue, Mar 17, 2020

Aadhaar PAN Link: If you don't do PAN Aadhaar link by 31st March 2020, it will become inoperative from the next financial year.

Want free PAN Card in just 10 minutes? Here is how it's possible

Want free PAN Card in just 10 minutes? Here is how it's possible

Sat, Mar 07, 2020

PAN Card Link In Aadhaar: Income Tax Department has launched a new facility that allows Aadhaar Card holder to get instant PAN Card without any charges.

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Income Tax dept detects Rs 19,000 crore black money in ICIJ, HSBC cases

Income Tax dept detects Rs 19,000 crore black money in ICIJ, HSBC cases

Fri, Jul 21, 2017

"Besides, concealment penalty of Rs 1,287 crore was levied in 162 cases and 199 criminal prosecution complaints were filed in 84 cases," Finance Minister Arun Jaitley pointed out.

Filed Your Income Tax return and realised you made a mistake? Here's what to do

Filed Your Income Tax return and realised you made a mistake? Here's what to do

Thu, Jul 20, 2017

Once the income tax returns have been processed by the tax department, the taxpayer can make changes by filing a rectification request under Section 154(1).

Operation Clean Money Phase 2: IT Department identifies 5.5 lakh more people for cash deposit scrutiny

Operation Clean Money Phase 2: IT Department identifies 5.5 lakh more people for cash deposit scrutiny

Fri, Jul 14, 2017

The Income Tax Department on Friday launched phase 2 of its Operation Clean Money. In the first phase, it had identified nearly 20 lakh people who deposited cash inconsistent with their incomes.

Income Tax: Are you eligible for tax refund? Here's how you can check after filing ITR

Income Tax: Are you eligible for tax refund? Here's how you can check after filing ITR

Tue, Jul 11, 2017

Sometimes, while filing the return, you may end-up paying more tax to the government than your actual tax liability. In such cases, you are eligible for a tax refund.

Income Tax: FM Arun Jaitley launches "Aaykar Setu"

Income Tax: FM Arun Jaitley launches "Aaykar Setu"

Mon, Jul 10, 2017

According to Income Tax, the new module compiles various tax tools, live chat facility, dynamic updates and important links to various processes within Income Tax Department in a single module.

Income Tax: Here's how you can check if TDS was paid on your services

Income Tax: Here's how you can check if TDS was paid on your services

Wed, Jul 05, 2017

A self-employed person needs to understand the tax treatment. From a tax perspective, self-employed individual's income is Profit & Gains of Business & Profession.

Income Tax Department notifies form for Aadhaar-PAN linking

Income Tax Department notifies form for Aadhaar-PAN linking

Sat, Jul 01, 2017

The department has also formally notified, under a CBDT notification of June 29, the procedure and format for "intimating Aadhaar number to the I-T Department by PAN holder and quoting the same in PAN applications".

Is today the last day to link Aadhaar and PAN? We decode

Is today the last day to link Aadhaar and PAN? We decode

Fri, Jun 30, 2017

Linking Aadhaar becomes mandatory from July 1 but it will not make your PAN card invalid. Time period is expected to be given soon by the IT department.

Aadhaar-PAN: Four simple ways to link before June 30

Aadhaar-PAN: Four simple ways to link before June 30

Wed, Jun 28, 2017

As many as 2.07 crore taxpayers have already linked their Aadhaar with PAN. There are over 25 crore PAN card holders in the country while Aadhaar has been issued to 111 crore people.

Income Tax filing: Here's what you need to remember; Sahaj, Aadhaar, PAN

Income Tax filing: Here's what you need to remember; Sahaj, Aadhaar, PAN

Tue, Jun 27, 2017

Quoting Aadhaar card for filing IT returns will become mandatory from July 1. Here's what you need to keep in mind

Aadhaar is must for income tax returns if you have one; Here's how you can file it online

Aadhaar is must for income tax returns if you have one; Here's how you can file it online

Wed, Jun 21, 2017

Aadhaar card is a must for your Income Tax returns this year. Due date for IT returns are usually on July 31 of every year.

Income tax mop-up begins on strong footing, up 26.2% till date

Income tax mop-up begins on strong footing, up 26.2% till date

Fri, Jun 16, 2017

Among the metros, the Mumbai zone registered the highest revenue collection growth during the period with a growth of a whopping 138 per cent at Rs 22,884 crore from Rs 9,614 crore a year ago, sources at the income tax department here told PTI today.

Be prepared taxpayers; first installment of advance tax due tomorrow

Be prepared taxpayers; first installment of advance tax due tomorrow

Wed, Jun 14, 2017

Advance Tax Payment has been given as an option by IT department to make payment of taxes in installment. Four dates are been provided and if a taxpayer does not make payment by end of March 2018, he or she will have to make 100% advance tax.

Replying to income tax scrutiny notices will be soon just a click away

Replying to income tax scrutiny notices will be soon just a click away

Sun, Jun 11, 2017

Replying to income tax scrutiny notices with supporting documents will soon be just a click away.

100% penalty if Rs 2 lakh or more transacted in cash, warns IT Department

100% penalty if Rs 2 lakh or more transacted in cash, warns IT Department

Fri, Jun 02, 2017

Income Tax Department, in an advertisement, has warned people for not transacting in cash for Rs 2 lakh or more.

Use SMS to link PAN with your Aadhaar; here's how

Use SMS to link PAN with your Aadhaar; here's how

Thu, Jun 01, 2017

You can now link Aadhaar to your PAN number via SMS facility be sending text message from your mobile phone to 567678 or 56161.

One month left: Follow any of these steps to link your Aadhaar with PAN

One month left: Follow any of these steps to link your Aadhaar with PAN

Wed, May 31, 2017

PAN number is mandatory to file income tax returns. The rules state that from this year, a taxpayer must provide their Aadhaar number while filing ITR or else their PAN card will be invalidated for life.

Income Tax Department identifies over 400 benami transactions so far

Income Tax Department identifies over 400 benami transactions so far

Wed, May 24, 2017

The Income Tax Department (I-T) has announced on Wednesday of identifying over 400 benami transactions which include deposits in bank accounts, plots of land, flat and jewellery.

1.58 lakh tax payers under lens for partial account declarations

1.58 lakh tax payers under lens for partial account declarations

Wed, May 17, 2017

The tax department is conducting analysis in conjuction with previously available/analysed data. Such incremental data analysis has already led to identification of new cases for e-verification, I-T department said.

IT raids 22 locations linked to Lalu's "benami'' land deals

IT raids 22 locations linked to Lalu's "benami'' land deals

Tue, May 16, 2017

Besides the Rashtriya Janata Dal supremo, the IT raids were also carried out on the premises of party MP P.C. Gupta`s residence as well as several businessmen and real estate agents in Delhi and Haryana`s Gurugram and Rewari.

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