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Tag: income tax filing

CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS

Posted on December 17, 2024 By admin
CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS

The initiative is part of the implementation of the e-Verification Scheme, 2021. | Photo Credit: Getty Images The income tax department on Tuesday (December 17, 2024) said it is sending SMS and emails to taxpayers and non-filers where it has identified mismatch between transactions reported in Annual Information Statement (AIS) and income disclosed in ITRs…

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Individuals reporting annual income of above ₹1 crore doubles in 2 years to 1.69 lakh

Posted on August 7, 2023 By admin
Individuals reporting annual income of above ₹1 crore doubles in 2 years to 1.69 lakh

File. | Photo Credit: V. RAJU Individuals reporting annual total income of over ₹1 crore have doubled to 1.69 lakh in the two-year period ending March 2022, the income tax department data showed. As per the tax return data filed in assessment year (AY) 2022-23, relating to income earned in fiscal 2021-22, 1,69,890 individuals have…

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