It is very important to maintain your tax record even if you are not in the taxable income bracket as tax return papers are required when applying for a loan
The number of people who file tax returns has also increased by about 65 per cent during this period from 3.31 crore in FY 2013-14 to 5.44 crore in 2017-18 fiscal, the CBDT said in the statement.
Back in his hometown of Bondy, on the gritty northeast outskirts of Paris, there is immense pride at his exploits, but not that much surprise -- they always knew he'd make it big.
The move comes following a recent verdict by the Supreme Court in this regard.
July 31 is still a fortnight away. Here are answers to top 10 questions often asked about filing tax returns.
The raid was carried out by the Crime Branch at the office of T&T Law Firm on Saturday night, the officer said.
Karnataka energy minister Shivkumar was in-charge of hospitality for all Congress Gujarat MLAs.
The CBDT said this is "the final opportunity being provided to the taxpayers to regularise their pending ITRs pertaining to AYs 2009-10 till 2014-15.
The step had been taken to lend the required 'authenticity' to electronic communications.
The Supreme Court on Friday refused to go into a plea seeking probe by an special investigation team into alleged recovery of documents by the IT department in connection with raids on two business houses in New Delhi.
In June, Disney had laid off about 250 employees.
A step-by-step guide to preparing and registering online for viewing the credit of taxes you paid to the income tax department.
Several videos posted online by other passengers showed a man screaming as officers yanked him from his seat on United Flight 3411 before it departed from Chicago O'Hare International Airport to Louisville, Kentucky, on Sunday.
The vice chairman said they have asked agencies like the ED, IT to make an assessment of the list and prepare a report in this regard.
Vadra was directed by a Delhi court to cooperate with the investigation being carried out by the central probe agency after he knocked on its door seeking anticipatory bail in this case.
Twitter said its, "Teams are working to resolve an issue affecting a small number of Indian users".
The Income-tax Department has allowed irregular exemptions on TV rights from BCCI to four cricket associations resulting in non-levy of tax to the tune of Rs 37.23 crore, the Comptroller and Auditor General (CAG) said on Friday.
The Supreme Court on Thursday pulled up the income tax department and the Central Bureau of Investigation for not taking action in the last five years on information gathered from tapped phone conversations of Niira Radia with corporate honchos, politicians and others, saying it is "not a happy situation".
According to Ilmi, she was invited by RSS-supported Forum for Awareness of National Security to speak at a seminar on "Triple Talaq" and the university had pressurised the organisers to change the subject to "Muslim's women's empowerment: Issues and challenges" and drop her name from the speaker's list.
From real estate behemoths to infrastructure majors, from mobile device manufacturers to heavy engineering companies, they all made commitments to the tune of billions of dollars. Unfortunately, the reality has fallen far short.
The court said that the existing regulations were not sufficient to regulate the NGOs across the country.
The Rs 89 crore question before Tamil Nadu now is what shape a central intervention would take, and if there would be any role whatsoever for acting governor, Ch Vidyasagar Rao, in it, says N Sathiya Moorthy.
The IT department had issued a tax assessment order in December 2011 asking Vodafone to add Rs 8,500 crore (Rs 85 billion) to its taxable income, thus raising the tax liability of the company.
Chidambaram mocked her with a tongue-in-cheek tweet.
The website of Jawaharlal Nehru's Central library was on Tuesday hacked with a message displaying 'You are thinking that you will get Kashmir just by barking in the campus of JNU'.
IT Department asks car dealers to furnish ledgers of all customers who have booked vehicles from November 1.
IT department reportedly sent notice to Microsoft seeking details of its income from Indian operations for four years beginning with the 2005-06 fiscal.
ICICI Pru is barred from doing any further business with the state government or any of its departments.
'The IAS officers are after the rich people, the IRS officers are after the middle class and the IPS officers are after the poor. This is the new varnashrama created by the bureaucracy.'
Trinamool Congress Member of Parliament Saugata Roy has resigned as adviser to the West Bengal government's Commerce, Industries and IT Ministry over alleged differences with Chief Minister Mamata Banerjee.
This time, the linking of the Aadhaar number with of a taxpayer has been made mandatory for filing of an ITR, beginning July 1.
Is India witnessing jobless growth or is there actually no issue with employment? The real story is between the first two suggesting that though there is sufficient employment, the challenge is to create well-paying quality jobs, says Amitabh Kant.
After resisting for more than three years, the Centre on Tuesday revealed names of 18 persons in the Supreme Court who allegedly stashed black money with the LST bank in Liechtenstein and against whom prosecution have been launched by the Income Tax department.
Choke is a word which has haunted South African cricket for three decades but rather than shy away from it, departing coach Gary Kirsten has embraced the term in a bid to end their semi-final hoodoo.
Also said if some govt bodies have already been allowed to enter business, the Central Govt should provide appropriate exit route.
The tax forces young startups to part with a portion of the capital they have raised from investors due to disagreements over the valuation of the company by Income Tax officials.
The income tax department on Tuesday launched on-field inquiries at around nine locations in Mumbai belonging to alleged shell companies related to Nitin Gadkari's Purti group, a day before he seeks a second straight term as Bharatiya Janata Party president.
The list has been sent to Governor Ram Naik for approval.
Important for Chinese President Xi Jinping will be Zhao's discussions on the issues of Tibet and the Dalai Lama and his assessment of the likely results of India's coming national elections, notes former senior RA&W officer and China expert Jayadeva Ranade.
The Supreme Court has sought by Thursday the names of officials of CBI, IT department and the Enforcement Directorate for setting up of a team to enquire into the tapped telephonic conversations of corporate lobbyist Niira Radia with others to ascertain element of criminality.
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