central board of direct taxes

Number of Income Tax returns rising, says CBDT Chairman

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[ad_1] The number of income tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday. Talking to PTI, Singh said the number of income tax returns last fiscal was 7.14 crore against 6.9 crore in the preceding financial year, showing a clear growth. “There …

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Double the penalty if PAN-Aadhar linking done after July 1. Details here

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[ad_1] The Union government extended the deadline to link PAN card with Aadhar number till March 31, 2023. The earlier deadline was March 31 this year. However, from April 1 this year, taxpayers who are yet to link their PAN card with their Aadhar number have to pay penalties. A circular issued by the Central …

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