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Mumbai: The Economic Offences Wing of Mumbai police has recorded the statement of Shilpa Shetty's husband Raj Kundra in a Rs. 60 crore alleged fraud case. Mumbai Police shared an update in the case and stated: "Investigations are going on against actress Shilpa Shetty and her husband Raj Kundra in an alleged fraud case of Rs. 60 crore. A summon was issued by the Economic Offences Wing of Mumbai Police to Raj Kundra. He was asked to appear before police for the investigation." They further stat ...Read More >
New Delhi: The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day.A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X."To facilitate further filings of ITRs, the due date has been extended by one day (16th September 2025)," the CBDT said. The e-filing portal ...Read More >
New Delhi, Sep 15 (PTI) The government on Monday extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on the last day. A record over 7.3 crore ITRs were filed till September 15, surpassing last year's 7.28 crore, the Central Board of Direct Taxes (CBDT) said in a post on X. "To facilitate further filings of ITRs, the due date has been extended by one day (16th September 2025)," the CBDT said. Th ...Read More >
New Delhi, Sep 15 (PTI) The Income Tax Department on Monday said more than 7 crore I-T returns have been filed till evening on Monday as the filing deadline closes in, amid netizens complaining of glitches in the I-T department portal for e-filing and advance tax payment. The e-filing portal faced a huge traffic on Monday which is the last date for filing ITRs for AY 2025-26. Also, Monday is the last date for payment of the second quarterly instalment of advance tax for the ongoing fiscal year. ...Read More >
New Delhi: Despite taxpayers' complaining of glitches during filing I-T return and demanding an extension of the September 15 deadline, the income tax department on Monday signalled no extension of the deadline. However, the department said that more than 7 crore I-T returns have been filed so far as the filing deadline closes in. As the last date to file for filing of income tax returns (ITRs) without penalty is September 15 for income earned in 2024-25 fiscal, it is, however, widely reported ...Read More >
New Delhi, Sep 15 (PTI) The Income Tax Department on Monday said more than 7 crore I-T returns have been filed so far as the filing deadline closes in, amid netizens complaining of glitches on the portal and demanding an extension. The e-filing portal faced huge traffic as the deadline for filing returns ends on Monday. Despite demands, the department has not given any indication of extending the deadline for filing of income tax returns (ITRs) by individuals, HUFs and those who do not have to ...Read More >
New Delhi: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for filin ...Read More >
NEW DELHI: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for fili ...Read More >
New Delhi: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for fili ...Read More >
Mumbai-based Blue Cloud Softech Solutions Limited announced Monday the acquisition of New Jersey-based technology solutions provider AIS Anywhere in a 100 per cent share swap transaction valued at ₹730 crore. The deal will make AIS Anywhere a wholly owned subsidiary as Blue Cloud targets expansion in the U.S. cybersecurity market. Under the transaction structure, Blue Cloud will issue 31.68 crore equity shares at a face value of ₹1 each with a premium of ₹22.06 per share. The swap ratio s ...Read More >
New Delhi: More than 1.16 crore Income Tax Returns (ITRs) have already been filed for Assessment Year 2025-26, and over 1.09 crore have been verified. However, many taxpayers are still awaiting their refunds, leading to widespread concern. Why Refunds Are Getting Delayed This Year According to CA Dr. Suresh Surana, multiple procedural and technical reasons are causing the delay. One major issue is that ITR utilities -- used to file tax returns -- were released much later than usual. ITR-1 and ...Read More >
MUMBAI : The annual information statement (AIS), introduced by the Income Tax Department to enhance transparency, is instead creating hassles for taxpayers by reporting incorrect incomes, according to chartered accountants. Introduced in 2021, the AIS gives a snapshot of financial transactions -- ranging from securities and mutual funds to property deals and fixed deposits -- during a fiscal year, sourced from multiple reporting entities such as banks, registrars, depositories, and sub-registra ...Read More >
New Delhi: Taxpayers now have more time to file their Income Tax Returns (ITR), as the deadline has been extended to September 15, 2025. While many have already completed the process, others are still getting their documents in order. To make your ITR filing hassle-free, here are 8 important documents you should keep handy. 1. Form 16 Form-16 is a must-have if you're a salaried employee. It gives a detailed summary of your salary, along with the tax deducted by your employer during the year. ...Read More >
The Income Tax Department is reaching out to taxpayers and non-filers via SMS and email regarding mismatches between their reported transactions in the Annual Information Statement (AIS) and their Income Tax Returns (ITRs) for FY 2023-24 and 2021-22. This campaign encourages filing revised or belated ITRs and allows taxpayers to provide feedback on their AIS information. New Delhi: The income tax department on Tuesday said it is sending SMS and emails to taxpayers and non-filers where it has id ...Read More >
New Delhi [India], December 17 (ANI): In a significant move aimed at enhancing tax compliance and transparency, the Central Board of Direct Taxes (CBDT) has initiated an electronic campaign to address the discrepancies between the income and transactions reported in the Annual Information Statement (AIS) and those disclosed in Income Tax Returns (ITRs). According to the Ministry of Finance, this initiative targets the financial years 2023-24 and 2021-22, extending its scope to include individua ...Read More >
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