New Delhi: Government targets adding one crore new income tax payers in the current financial year, Minister of State for Finance Jayant Sinha said today.“The government has set a target of adding one crore new Income tax payers during the financial year 2015-16. The said target has been further distributed among various field units of the

Taxmen across the country will be observing a "black day" on Friday to protest against some of the "retrograde recommendations" of the seventh pay commission, the Income Tax Employees Federation, Mumbai, said here.The federation also claimed that other Central government employees will also join them and will be wearing black badges and holding

Income Tax Department has issued Notification for Extension of time limit for submitting ITR-V for electronically filed returns for AY- 2013-14 and A.Y. 2014-15 upto 31st October, 2015 or within a period of 120 days from the date of uploading of the electronic return data whichever is laterF No 2/3/CIT(OSD)(S)/2014-15/CPC-ITRV