Taxman gets more teeth to track non-fillers of Income Tax

Taxman gets more teeth to track non-filers of I-T returns: Aimed at further arming the taxman to go after those who do not file their income tax returns(ITRs), a new database of multiple addresses of such earing assesses has been set up by the department. For more detailed info visit URL:  http://goo.gl/SyHKln

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Income Tax Department Lists Norms For Faster Tax Refunds

The CBDT has issued guidelines for expeditious tax refund of up to Rs.5000 in cases where the department wants to adjust the refund with a pending demand, which has been contested by the assesse. The CBDT, further said where the tax demand has not been contested by the assesse, the CPC would issue a reminder … Continue reading Income Tax Department Lists Norms For Faster Tax Refunds