Taxpayers urged to comply with e-verification scheme
11 months, 3 weeks ago

Taxpayers urged to comply with e-verification scheme

The Hindu  

A seminar on the Income Tax e-verification scheme with Principal Director General of Income Tax Sunita Bainsla was organised here on Tuesday by the Federation of Telangana Chambers of Commerce and Industry in association with the Institute of Chartered Accountants of India. The Central Board of Direct Taxes in December 2021 had notified the e-verification scheme 2021 to encourage voluntary tax compliance and to facilitate a transparent and non-intrusive tax administration. Director of Income Tax, New Delhi, Raj Gopal Sharma gave a detailed presentation on the e-verification scheme. Director of Income Tax Hyderabad M. Vijay Kumar, FTCCI president Meela Jayadev and ICAI Hyderabad CA Chairman Satish Kumar spoke.

Tax Income Tax Large Number  ftcci  urged  taxpayers  scheme  tax  income  director  hyderabad  kumar  comply  large  number  everification

History of this topic

ITR e-Verification: What to do if you receive an e-verification notice?
1 year, 8 months ago

ITR e-Verification: What to do if you receive an e-verification notice?

India TV News  

The Income Tax Department has recently tweeted about the e-Verification Scheme, 2021 as the income tax filing season is about to begin. According to a press release dated March 13, 2023, the Income Tax Department has taken up the information of financial transactions related to FY 2019-20 for e-Verification on a pilot basis in around 68,000 cases. E-verification is a …

CBDT Notifies e-Verification Scheme To Encourage Voluntary Tax Compliance
1 year, 9 months ago

CBDT Notifies e-Verification Scheme To Encourage Voluntary Tax Compliance

Live Law  

The Central Board of Direct Taxes has issued a press release introducing the e-Verification Scheme to encourage voluntary tax compliance and facilitate a transparent and non-intrusive tax administration.Using information technology effectively, the scheme aims to share and verify the financial transaction information with the taxpayer, which appears to be either unreported or. The Central Board of Direct Taxes has issued …

68,000 cases picked up for e-verification for income mismatch in AIS, ITR for FY 2019-20
1 year, 9 months ago

68,000 cases picked up for e-verification for income mismatch in AIS, ITR for FY 2019-20

The Hindu  

As many as 68,000 cases have been picked up for e-verification by the income tax department for unreporting or under reporting of income in tax returns for 2019-20 fiscal, CBDT chief Nitin Gupta said on Monday. The taxpayer can reply to the tax department giving explanation for the mismatch or can file updated returns if they feel the mismatch flagged …

"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, 3 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 …

Discover Related