₹18 lakh tax demand quashed: How misclassification of land can trigger and cancel I-T notices
A routine land purchase can sometimes spiral into a tax nightmare — not because of wrongdoing, but because of how […]
A routine land purchase can sometimes spiral into a tax nightmare — not because of wrongdoing, but because of how […]
Infrastructure firm KNR Constructions Ltd on Monday (December 15) said it has received an income tax demand of ₹72.03 crore,
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has allowed the appeal of a non-resident Indian (NRI) taxpayer and deleted
Over 1.4 lakhs taxpayers with suspicious claim of ₹4100 crore are on the radar of the Income Tax Department, official
India is a “strong champion” in implementing transparency measures against offshore tax evasion and its recent campaign asking taxpayers to
The Income Tax Department has issued a public advisory cautioning taxpayers, especially senior citizens, against fraudulent emails, SMS messages and
The Hon’ble Supreme Court in the case of The Deputy Director V. Murali Krishna Chakrala [Special Leave Petition (Criminal) Diary
The Supreme Court has ruled that statutory corporations cannot claim a 40 per cent tax deduction under Section 36(1)(viii) of
Indore (Madhya Pradesh): This development may come as a shock to several city residents—particularly IT professionals—who have accumulated Foreign Assets
The income tax department uncovered more than Rs 1,000 crore in tax evasion and detected a Rs 250 crore unexplained