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Deadline to link PAN Card-Aadhaar extended to June 30
The previous deadline for linking PAN with Aadhaar was March 31, 2021
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I-T department issues refunds worth Rs 2.24 lakh crore
New Delhi: The Income Tax department on Wednesday said it has issued refunds worth over Rs 2.24 lakh crore to more than 2.37 crore taxpayers till Ma
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More than 2.24 crore taxpayers have received Rs. 2,13,823 crore in refunds: CBDT
Of the total refunds, income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases
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Between April ‘20 and Feb ‘21, I-T department refunded Rs 1.98 lakh crore benefitting 1.95 crore taxpayers
I-T department officials said that despite the pandemic, they were trying to ensure that the refunds are made promptly
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Income tax refunds of over Rs 2.04 lakh crore issued so far in FY21
Of this, personal income tax refunds of Rs 73,607 crore have been issued to over 2.06 crore taxpayers
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Faceless tax assessments: Harassment has come down, say lawyers
Department leniently treating cases in order to instill confidence among tax payers, said lawyers
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I-T refunds over Rs 1.98 lakh crore issued in 11 months
Personal income tax refunds of Rs 70,572 crore have been issued to over 1.92 crore taxpayers, and corporate tax refunds of Rs 1.27 lakh crore have bee
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Taxpayers to be informed upfront reasons for reopening of tax assessment: CBDT
The rationalisation of reopening of cases announced in Budget would bring in more certainty to taxpayers
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Working to change people’s perception about I-T department: CBDT chief PC Mody
"I would say what has been hitherto the perception outside that we are tax enforcers, I would like to change it to as being perceived as tax facilitat
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Dispute Resolution Committee to have multiple benches: CBDT chief PC Mody
He said a tax return is picked up for scrutiny only in case of mismatch and where multiple red-flags are being shown by the system.
