Tax Dept issues refunds of over Rs 1.17 lakh crore
Income-tax Department issued tax refunds of over Rs 1.17 lakh crore in the last financial year ended March 31, of which Rs 37,870 crore was done in an automated manner.
Apr 04, 2016, 15:35 PM ISTTax payers can now e-verify ITRs using bank, demat a/c details
Currently an Income-Tax Return or ITR can be e-verified by using internet banking, email or an Aadhaar number-generated One Time Password (OTP).
Jan 22, 2016, 19:21 PM IST
End of paper trail in e-filing of I-T returns; Aadhaar added
In a major step aimed at easing taxpayer grievances, CBDT on Friday announced that assessees filing I-T returns online will no longer have to send the paper acknowledgement by post as a new Aadhaar-based electronic verification code has been launched to authenticate this document.
Apr 17, 2015, 20:33 PM IST