E-mails for facilitating faster refund cannot be misconstrued as harassment: CBDT

The Central Board of Direct Taxes (CBDT) responding to some observations being circulated on social media alleging that the Income Tax Department is pursuing recovery proceedings and using arm-twisting methods by adjusting outstanding demands of the start-ups, today stated that these observations are completely unfounded and are total misrepresentation of facts. The CBDT said that…

CBDT revising return forms to enable taxpayers avail benefits of timeline extension due to Covid-19

In order to enable income taxpayers to avail full benefits of various timeline extensions granted by the Government of India due to Covid-19 pandemic situations, the CBDT is revising the return forms for FY 2019-20 (Assessment Year 2020-21) which shall be notified by the end of this month. CBDT today said that in order to facilitate taxpayer to…