Tag: Income Tax Department

Squaring Circle

Todd H. Baker is the managing principal at Broadmoor Consulting and senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School.Circle Internet is the issuer of...
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, Waaree Energies, Premier Energies, and GMMP Faudler are the top...

Data helps Taxman unearth foreign assets worth Rs 22,000 cr

New Delhi: The Income Tax Department has detected ₹22,000 crore during a drive against undisclosed foreign assets and investments, a senior official told...

Taxpayers take note! Income Tax department recovers Rs 37,000 crore from individuals not filing returns despite taxable income

An expanded and stricter tax collection and TDS system has helped identify significant transaction. (Image source: Freepik) Income Tax Department’s extensive crackdown!...

Tough to mop up taxman’s outstanding demand

The outstanding tax demand of the income-tax department has grown more than fourfold to ₹42 lakh crore as on October 1 this year,...

CBDT launches compliance-cum-awareness campaign for AY 2024-25 to assist taxpayers in reporting foreign assets and income

New Delhi: The Central Board of Direct Taxes (CBDT) has launched a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to assist taxpayers in...

Over 34.84 lakh IT audit reports filed on e-filing portal up to Oct 7: Finmin

The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed...

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