Income Tax Department  

Starting from April 1, the new tax regime will come into effect, bringing many changes and additions. Taxpayers can now avail of a basic exemption of Rs. 3 lakh, which was previously Rs. 2.5 lakh.

Priya Singh is a resident of Mansarovar Colony, Bulandshahr. Her father works as an inspector in Mathura. Her grandfather is a retired SHO. Priya earned an MSc in Physics from Chaudhary Charan Singh University, Meerut. In 2017, Priya cleared the UPPSC exam in her first attempt and secured a position in the Income Tax Department. She attempted the exams again and achieved her goal of becoming a Deputy Superintendent of Police (DSP) in 2018.

With several new features, the IT department will launch its new e-filing portal www.incometax.gov.in on June 7

In India, there were reports that a few Tablighi attendees threw urine bottles and defecated openly in front of their rooms at quarantine centres. The income tax department has decided to release refunds up to Rs 5 lakh in view of the lockdown. This is expected to benefit 14 lakh taxpayers.

In view of the coronavirus pandemic crisis, the IT department has decided to release IT refunds up to Rs 5 lakh 

Despite the Income Tax department extending the deadline eight times to link PAN (Permanent Account Number) card with Aadhaar card, Over 17 crore PAN cardholders have not linked the document with Aadhaar card. After the amendment in the Finance Bill, 2019, the income tax department has the authority to make all such PAN cards which are not linked to Aadhaar inoperative.

The Income Tax department has attached Sasikala’s properties worth Rs 1500 crore, under the Benami Act

Stating that there is a thin line between friendliness and professional ethics, principal chief commissioner, Income Tax Department for UP (west) and Uttarkhand, PK Gupta called for tax professionals to refrain from practices that can be construed as corrupt

 Cafe Coffee Day owner VG Siddhartha in 2017 had admitted that  he had unaccounted assets worth Rs 658 crore to the Income Tax Department

In a bid to ease the filing of income tax returns, the department has launched ‘e-filing Lite’. The new e-filing facility comes just days after Central Board of Direct Taxes extended the due-date for filing income tax returns. 
 

Properties worth Rs 400 crore belonging to BSP chief Mayawati's brother Anand Kumar and his wife were attached by the Income-Tax Department in Noida 
 

CBDT recently said that data shows that a substantially larger number of taxpayers are filing their ITRs electronically in the financial year 2018-19 as compared to 2017-18

Days after an auto driver caught the attention of media after being coming under the radar of the Income Tax department, reports have now surfaced that that an American woman is indeed behind the man’s purchase of a Rs 1.6 crore home
 

A case of abetment to suicide was registered against Income Tax officials for allegedly beating a Lottery Martin employee to death

The Income Tax department did not find anything from Kanimozhi's residence in Thoothukudi. Tamil Nadu is going to polls on April 18 in the second phase