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CBDT

CBDT: ONDC: Income Tax department clarifies applicability of TDS liability for online retailers

by Ev Richard
CBDT: ONDC: Income Tax department clarifies applicability of TDS liability for online retailers

The income tax department has clarified the applicability of TDS liability of e-retailers trading through the government’s ONDC initiative. ONDC or Open Network for Digital Commerce is a new initiative …

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Categories Technology

I-T Filings Surpass Previous Year’s Record, Reaching 6 Crore within 24 Hours

by Craig Fedirighi
I-T Filings Surpass Previous Year’s Record, Reaching 6 Crore within 24 Hours

NEW DELHI: With over 24 hours to go for submission of income tax returns without paying any penalty, annual filings reached the six-crore mark by Sunday evening, having crossed last …

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Categories Business

CBDT chief reports a record-breaking 40 million ITRs filed for FY23, experiencing a 7% surge in new filers.

by Craig Fedirighi
CBDT chief reports a record-breaking 40 million ITRs filed for FY23, experiencing a 7% surge in new filers.

NEW DELHI: More than four crore income tax returns (ITRs) for the 2022-23 financial year have been filed so far and about 7 per cent of these are new or …

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Categories Business

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