Nearly 24.6 lakh income tax returns are pending for processing for over 90 days, the government told Parliament, citing technology-driven risk analysis and NUDGE compliance campaigns as the key ...
More than 24 lakh income tax returns remain unprocessed for over 90 days. This is out of nearly 8.80 crore returns filed for Assessment Year 2025-26 by February 4, 2026. The NUDGE campaign has led to ...
A man's Rs 4 lakh donation to a political party for an 80GGC tax deduction was flagged as suspicious. The Income Tax ...
The Tribunal upheld deletion of disallowance where the tax authority failed to produce direct evidence linking the taxpayer to any refund of alleged bogus political ...
Individual/Hindu Undivided Family taxpayers claimed the most tax benefits of Rs 1,995.04 crore on account of contributions to political parties under Section 80GGC of the I-T Act in 2024-25 ...
Summary: In Income Tax Appellate Tribunal, Ahmedabad, the Tribunal examined the validity of reassessment proceedings and disallowance of political donation deduction under section 80GGC for A.Y.
The NUDGE campaign is a taxpayer-friendly, pre-enforcement initiative wherein the Department uses third-party data, intelligence inputs and advanced analytics to identify high-risk or suspicious ...
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is ...
NEW DELHI: After a massive nationwide operation, Central Board of Direct Taxes acted against several intermediaries involved in filing income tax returns with bogus claims of deductions and exemptions ...
https://www.thehindubusinessline.com/economy/over-2-lakh-taxpayers-claimed-suspicious-deductions-of-nearly-5500-crore-says-it-dept/article70392874.ece Copy Over 1.4 ...
The Central Board of Direct Taxes (CBDT) has uncovered a large network involving registered unrecognised political parties (RUPPs), chartered accountants, and intermediaries that allegedly laundered ...
As the tax filing deadline approaches, the Income Tax Department has initiated a sweeping nationwide crackdown on more than 200 individuals including chartered accountants, accountants, and salaried ...