Delhi Police asks personnel to file correct IT returns
4 days, 23 hours ago

Delhi Police asks personnel to file correct IT returns

Hindustan Times  

New Delhi: The Delhi Police has asked their personnel not to file wrongful income tax returns by showing bogus deductions, an alleged corrupt practice highlighted by the IT department of Delhi that caught many personnel who had submitted forged deduction documents, officers said on Saturday. The GA department has also asked the DCPs to ask the personnel in question to “file revised income tax returns by paying extra taxes due on their actual income before the last dates to avoid enquiry and penal action. The letter states that the IT department detected some wrongful returns of income by several Delhi Police personnel, prompting searches of and seizures. The GA department has also asked the DCPs to ask the personnel in question to “file revised income tax returns by paying extra taxes due on their actual income before the last dates to avoid enquiry and penal action”.

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History of this topic

Tax Weekly Roundup: November 18 - November 24, 2024
1 month, 2 weeks ago

Tax Weekly Roundup: November 18 - November 24, 2024

Live Law  

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Tax Weekly Roundup: November 18 - November 24, 2024
1 month, 2 weeks ago

Tax Weekly Roundup: November 18 - November 24, 2024

Live Law  

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Delhi man ends up paying ₹50,000 to CA over income tax dispute of 1 rupee: ‘Not joking’
5 months, 4 weeks ago

Delhi man ends up paying ₹50,000 to CA over income tax dispute of 1 rupee: ‘Not joking’

Hindustan Times  

A Delhi man claims he paid ₹50,000 to a chartered accountant after receiving an Income Tax notice. In a discussion where several people rued the complexity of filing taxes, he revealed: “Paid 50000/- fee to CA for a IT notice I received recently wherein the final disputed value turned out to be Re 1/-.” “I am not joking,” Jain added …

Individuals, firms find wait for tax refunds is shorter: Survey
1 year, 1 month ago

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Live Mint  

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Heavy penalty for false refund claims: I-T dept
1 year, 6 months ago

Heavy penalty for false refund claims: I-T dept

Deccan Chronicle  

HYDERABAD: The income-tax department has appealed to taxpayers to rectify false claims of refund, if any, by filing revised returns for the current assessment year and updated returns for the previous assessment year. Explaining the revised and updated returns, Chief Commissioner Shishir Agarwal said taxpayers who had already filed their returns by making false claims of the refund could submit …

Income Tax Department Warns Taxpayers of Penalties for False Refund Claims
1 year, 6 months ago

Income Tax Department Warns Taxpayers of Penalties for False Refund Claims

Deccan Chronicle  

Hyderabad: The income-tax department has appealed to taxpayers to rectify false claims of refund, if any, by filing revised returns for the current assessment year and updated returns for the previous assessment year. Explaining the revised and updated returns, Chief Commissioner Shishir Agarwal said tax payers who had already filed their returns by making false claims of refund could submit …

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2 years, 1 month ago

Govt is nudging tax evaders to file updated returns: Tarun Bajaj

Live Mint  

The Union government has managed to increase revenue by encouraging taxpayers to file updated tax returns where the income tax department has intelligence about unreported income, revenue secretary Tarun Bajaj said, adding efforts to widen India’s tax base will continue. In an interview, Bajaj said that given the comparatively low tax-to-GDP ratio in India, the tax base has to continue …

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2 years, 2 months ago

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Live Law  

The Delhi High Court has sought response on a petition filed by the news portal Newslaundry against the re-assessment notices issued to it under the Income Tax Act for the financial years 2017-2018 and 2019-2020 on the ground that the income chargeable to taxation had escaped assessment in those years.The two impugned notices dated April 4 and April 29 were …

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2 years, 5 months ago

Income Tax Dept. Can't Withhold Refunds In Mechanical And Routine Manner: Delhi High Court

Live Law  

The Delhi High Court has held that an order under Section 241A of the Income Tax Act cannot be passed in a mechanical and routine manner. The refunds cannot be withheld just because the notice under Section 143 has been issued and the department wants to verify the claim for deduction under Section 10AA of the Income Tax Act. Accordingly, …

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2 years, 5 months ago

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Live Law  

The Delhi High Court has held that the tax payment software has to be tailor-made according to the needs, aspirations, and legal rights of the taxpayers and not that the taxpayers' legal rights have to be tailor-made in accordance with the software being used by the Tax Department. The petitioners submitted that the respondent, after accepting Forms 1 and 2 …

Failure To File Income Tax Return | Prosecution U/S 276CC IT Act Not Permissible Without Previous Sanction Of Appropriate Authority: Delhi High Court
2 years, 5 months ago

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Live Law  

The Delhi High Court has made it clear that a person cannot be prosecuted for the offence under Section 276-CC of the Income Tax Act, except with the previous sanction of the Principal Commissioner/appropriate authority.A single judge bench of Justice Asha Menon held,"Since the law provides that without sanction u/s 278B of the IT Act, the Department. The Delhi High …

"Digitization Being Implemented At Rapid Pace In The Arena Of Direct Taxes": Delhi HC Asks DGIT To Resolve Glitches In Income Tax Portal
3 years, 4 months ago

"Digitization Being Implemented At Rapid Pace In The Arena Of Direct Taxes": Delhi HC Asks DGIT To Resolve Glitches In Income Tax Portal

Live Law  

The Delhi High Court has asked the Director General of Income Tax to resolve the glitches in the income tax portal while observing that the new software should be tested on a large sample base of assesses before putting it to use for general public. "Since digitisation is being implemented at a rapid pace in the arena of Direct Taxes …

[Income Tax] Providing Information Regarding Ongoing Investigation To Its Informer Is Inappropriate, Injurious: Delhi High Court
4 years, 1 month ago

[Income Tax] Providing Information Regarding Ongoing Investigation To Its Informer Is Inappropriate, Injurious: Delhi High Court

Live Law  

The Delhi High Court has cautioned that providing information regarding an ongoing investigation in an income tax case to its informer is not only inappropriate, but also injurious to the investigation. The observation was made by a Bench of Justice Suresh Kumar Kait while hearing a case against Magistrate's order directing the Income Tax Department to file an action taken …

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