Non-Filing of Income Tax Returns & Tax Evasion: Know the Penal Provisions under Income Tax Act
The central government has extended the deadline for filing the income tax returns for the AY 2021-22. Prior to this, the last date to file the...
![ITAT deletes addition made on account of Unexplained Jewellery as Valuation Report contained details of Individual Jewellery items available on record [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/ITAT-Unexplained-jewellery-Jewellery-Valuation-report-Details-Individual-jewellery-items-Jewellery-items-Record-Taxscan.jpg "ITAT deletes addition made on account of Unexplained Jewellery as Valuation Report contained details of Individual Jewellery items available on record [Read Order]")
![Error in Online Income Tax Return deserves Rectification after Due Verification, Revenue can’t take Benefit of Factual Errors: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Error-Online-Return-Rectification-Due-verification-Revenue-Factual-Errors-ITAT-Taxscan-1.jpg "Error in Online Income Tax Return deserves Rectification after Due Verification, Revenue can’t take Benefit of Factual Errors: ITAT [Read Order]")
Department’s Duty to verify and issue PAN Cards: Madras HC quashes proceedings alleging willful default in filing Income Tax Return [Read Judgment]
The Madras High Court while quashing the proceedings alleging willful default in filing ITR held that it is the Department’s Duty to verify and issue PAN cards. The accused, Sudhir Kumar Hasija...
![Department’s Duty to verify and issue PAN Cards: Madras HC quashes proceedings alleging willful default in filing Income Tax Return [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Pan-card-Madras-HC-ITR-Taxscan.jpg "Department’s Duty to verify and issue PAN Cards: Madras HC quashes proceedings alleging willful default in filing Income Tax Return [Read Judgment]")
Assessee to claim Deduction of Employee's Share of ESI & PF if deposited prior to ITR filing: ITAT [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) held that the assessee to claim deduction of employee's share of ESI & PF if deposited prior to ITR filing. The assessee, Vinko Auto...
![Assessee to claim Deduction of Employees Share of ESI & PF if deposited prior to ITR filing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/esi-and-PF.jpg "Assessee to claim Deduction of Employees Share of ESI & PF if deposited prior to ITR filing: ITAT [Read Order]")
31st December last Date to file Income Tax Return for FY 2020-21: Know the List of Documents required
The last day for filing your income tax return (ITR) for the financial year 2020-21 is on December 31, 2021. This year, the Central Board of Direct Taxes (CBDT) has extended the last date for filing...
More than 3cr Income Tax Returns filed on New E-Filing Portal; Taxpayers who are yet to file their ITRs advised to file at the earliest
More than 3 crore Income Tax Returns have now been filed on the new e-Filing portal of the Income Tax Department as on 3rd December 2021. The number of ITRs filed per day is over 4 lakh and...
