
I-T Dept serves ₹2,159 cr draft assessment order to Maruti Suzuki
Maruti Suzuki says it will file its objections before the Dispute Resolution Panel
Maruti Suzuki says it will file its objections before the Dispute Resolution Panel
These notices were sent to individuals whose annual income was more than ₹50 lakh.
According to the income tax department, out of the 3.06 crore ITRs filed till July 18, 2023, 2.81 crore ITRs have been e-verified, which means more than 91% ITRs filed have been e-verified.
Maximum amount pending from an assessee is from Mumbai’s Uday Acharya (deceased) and his family. He owes ₹779.04 crore. The assessee has been declared bankrupt and passed away.
The Gurugram-based carmaker, which is owned by the China's state-owned automaker SAIC Motor, has been in the eye of the storm of a regulatory crackdown by law-enforcement agencies.
The development comes days after the IT department extended the due date to file tax audits for the fiscal year 2021-22 by seven days due to technical glitch.
The direct tax collection, net of refunds, was up 16.3% at ₹7.45 lakh crore, compared to the corresponding period last year.
The Income Tax Department carried out search and seizure operations on the Bengaluru-based pharmaceutical group on July 6.
After 20 years of his death, Harshad Mehta's wife Jyoti via her website accuses the I-T Department, banks and the custodian of oppressing facts, opposing fund release and attaching assets falsely
The I-T Department has directed Infosys to fix the issue relating to the search functionality of the e-filing website.