94% of the income tax scrutiny for AY 2018-19 were in individual category

5,87,21,477 returns were checked against consistency rules and 5,87,13,458 returns meeting the consistency rules were used for statistical analysis, stated the CBDT. 5,52,60,219 ITRs were in the individual category.

Govt’s direct tax mobilisation target realistic: CBDT Chairman

The government’s direct tax mobilisation target of Rs 13.35 lakh crore during 2019-20 is realistic and achievable, Chairman of the Central Board of Direct Taxes (CBDT) P C Mody said on Tuesday.

Pre-filled IT returns make Govt an accountant for every taxpayer: CBDT Chairman

Pre-filled income tax returns will leverage technology, encourage compliance and make the process of filing declaration less cumbersome for

Most taxpayers switching to e-filing of ITRs, 6.68 cr e-returns filed: CBDT

6.68 cr e-returns filed during 2018-19, most taxpayers switching to e-filing of income tax returns: CBDT The Central Board of Direct Taxes (CBDT) said on Monday that a total of 6.68 crore income tax returns were e-filed during the financial…

Undisclosed cash seized

Rs 1.44 cr undisclosed cash seized in Income Tax raids in Kashmir The Income Tax Department on Friday said it seized Rs 1.44 crore in undisclosed cash and Rs 2.48 crore worth unaccounted jewellery in searches conducted in five locations…