Those With No PAN Cannot Avail E-Assessment System, Says Tax Body
Friday, September 27, 2019, 5:36 PM
A taxpayer who does not have an e-filing account or a PAN will not be able to avail the facility of getting into an e-assessment system of income tax that is set to be launched from next month, a latest CBDT directive said. The CBDT, which frames policy for the Income Tax Department, issued circular stating exceptions to the new system.
49L filings on Aug 31 push I-T returns for year to record 5.65cr
Monday, September 2, 2019, 9:27 AM
A record 5.65-crore income-tax-returns were filed-up to Saturday, the extended deadline for the annual-filing, suggesting that more individuals are now part of the tax net. However, the surge in filing of returns seen in the aftermath of demonetisation seems to be petering-out. "The information security-team of I-T department thwarted over 2,205-malicious-attacks on the website aimed at disrupting services in the peak period," an-official-statement said.