Tag: Income Tax

Income Tax Recruitment 2024 For Tax Assistant, MTS and Various

Income Tax is inviting eligible candidates to apply online for 55 permanent posts of Tax Assistant, MTS and Various (Jaipur) (throug Sports Quota). Interested and eligible candidates may apply online on or before 16-01-2024 , after making sure that they meet the concerned eligibility criteria. Post Vacancy Age …

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Income Tax Department Urges Taxpayers to File ITRs for AY 2023-24

The Income Tax Department has issued an update, stating that the last date to file the return of income for the Assessment Year 2023-24 (Financial Year 2022-23) under section 139(4) or 139(5) of the Income Tax Act is December 31, 2023. The department urges taxpayers to …

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Income Tax Department Issues Erroneous Notices, CAs Demand Rectification

Income Tax Department Sparks Panic with Erroneous Notices, Chartered Accountants Demand Rectification In a puzzling turn of events, the income tax department has inadvertently issued notices to institutional taxpayers, including those who diligently filed their returns before the stipulated deadline for the 2022-23 financial year. The …

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Income Tax Department enables Discard ITR Option for Unverified Original/Belated/Revised ITRs Starting from AY 2023-24

The Income Tax Department has introduced a new feature on its website that enables taxpayers to discard unverified original, belated, or revised Income Tax Returns (ITRs) for Assessment Year (AY) 2023-24 onwards. This means that if you have filed an ITR but have not yet verified …

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Submit Resume : Income Tax Department Jobs 2023 For CA,LLB (Application Last date: 15th September 2023)

Income Tax Released Job Openings On 11/09/2023.The Income Tax Department is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance.Eligibility Criteria / Educational Qualification, Official Notification, Apply Online Form Link & …

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Freshers : Income Tax Recruitment 2023 For CA,LLB,LLM (Last Date 31-08-2023)

Income Tax Released Job Openings On 25/08/2023.The Income Tax Department is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance.Eligibility Criteria / Educational Qualification, Official Notification, Apply Online Form Link & …

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Income Tax Dept Sets Target of 50 Cases per AO for Survey and Online TDS Verification

The Income Tax Department of India has recently announced a new target for its Assessing Officers to conduct surveys and online verification of Tax Deducted at Source (TDS) in 50 cases each. This initiative aims to strengthen tax collection efforts and improve compliance among taxpayers. The …

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Income Tax Department Started Sending Notices Of Scrutiny

Income tax department started sending scrutiny notices many cases related to refund claims: The Income Tax Department has started sending scrutiny notices to taxpayers for the financial year 2021-22. Around 1000 notices have been sent to the taxpayers through the faceless system. Most of the notices …

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ED detains Income Tax official from Ahmedabad in money laundering case

The Enforcement Directorate (ED) on June 5 arrested an Income Tax (I-T) official from Ahmedabad in connection with a money laundering case. The official, Santosh Karnani, has been accused of demanding and accepting a bribe of Rs 30 lakh as an undue advantage. The ED had …

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Income Tax Department Tightens Grip on Companies’ Advance Tax Payments

The income tax department is closely monitoring advance tax payments by scrutinising companies’ annual and quarterly balance sheets, as well as sectoral growth trends in an earnest attempt to ensure organisations do not delay their tax liabilities for the financial year. As per the tax department’s …

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