More than 3 Crore Income Tax Returns filed till 25th: IT Dept
The income tax department on Monday night informed the taxpayers that it has received more than 3 crore income tax returns till 25th July. The last...
![Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/deduction-ITR-ITAT-taxscan.jpeg "Section 80A(5) cannot be invoked for denying Deduction u/s 80P even if ITR is not filed: ITAT [Read Order]")
![Assessee is not a Licence holder to claim TCS in ITR: ITAT directs AO to Examine Outcome of Application for Transfer of Licence [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Assessee-Licence-holder-TCS-ITR-ITAT-Ao-Application-Transfer-Licence-taxscan.jpg "Assessee is not a Licence holder to claim TCS in ITR: ITAT directs AO to Examine Outcome of Application for Transfer of Licence [Read Order]")
![CBDT notifies Income Tax (5th Amendment) Rules, 2022: Revises Income Tax Return Form-7 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/CBDT-Income-tax-5th-Amendment-Rules-2022-Revises-Income-Tax-Return-Form-7-Taxscan.jpg "CBDT notifies Income Tax (5th Amendment) Rules, 2022: Revises Income Tax Return Form-7 [Read Notification]")
![CBDT notifies New Income Tax Return Forms 1 to 5 for Assessment Year 2022-23 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/CBDT-New-Income-Tax-Return-Assessment-Year-2022-23-Taxscan.jpg "CBDT notifies New Income Tax Return Forms 1 to 5 for Assessment Year 2022-23 [Read Notification]")
Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the claim of deduction of contribution to Employee’s State Insurance Scheme (ESI) and Provident Fund u/s.36(1)(va) could not be...
![Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Claim-of-Deduction-ESI-Provident-Fund-Finance-Act-Amendment-ITAT-Taxscan.jpg "Claim of Deduction of Contribution to ESI and Provident Fund cannot be denied to Assessee for Period prior to Finance Act Amendment in 2021: ITAT [Read Order]")
Verification Process of Income Tax benefit claims by Trusts, Societies begins when the ITR are filed: Govt [Read Lok Sabha Answer]
The Finance Ministry while answering the unstarred questions stated that the verification Process of Income Tax benefit claims by Trusts, Societies begins when the ITR is filed. The questions...
![Verification Process of Income Tax benefit claims by Trusts, Societies begins when the ITR are filed: Govt [Read Lok Sabha Answer]](https://www.taxscan.in/wp-content/uploads/2022/02/Verification-Process-verification-Income-Tax-benefit-Income-Tax-Trusts-Societies-ITR-Filed-Government-Taxscan.jpg "Verification Process of Income Tax benefit claims by Trusts, Societies begins when the ITR are filed: Govt [Read Lok Sabha Answer]")
Around 6.17cr Income Tax Returns and about 19 lakh Tax Audit Reports filed on New Income Tax E-Filing Portal
Around 6.17 crore Around 6.17 crore Income Tax Returns (ITRs) and about 19 lakh major Tax Audit Reports(TARs) have been filed on the new e-Filing portal of the Income Tax Department as on 6th...
Budget 2022: New provision to allow Taxpayers to file an updated Income Tax Return announced [Read Finance Bill 2022]
The Union Finance Minister, Niramala Sitharaman while giving her budget speech 2022-23 has announced the New provision to allow taxpayers to file an updated Income Tax Return (ITR). A new...
![Budget 2022: New provision to allow Taxpayers to file an updated Income Tax Return announced [Read Finance Bill 2022]](https://www.taxscan.in/wp-content/uploads/2022/02/Budget-2022-Budget-scan-Budget-session-taxpayers-ITR-Taxscan.jpg "Budget 2022: New provision to allow Taxpayers to file an updated Income Tax Return announced [Read Finance Bill 2022]")
