Filing ITR: Over 3.24 lakh individuals filed tax returns for income of ₹1 crore & above till March 31
The latest data on income tax website shows that a total of 3.24 lakh individuals filed their income tax return for […]
Income Tax Recent News – 2025
Crypto traders hit with hefty tax penalty as IT Dept cracks down on P2P transactions
Rakesh (name changed) had sold crypto tokens worth Rs 98,500 through peer-to-peer (P2P) transactions for about Rs 100,000 back in
Prithviraj Sukumaran receives Income Tax notice, seeks clarification on his earnings amid L2: Empuraan controversy
Prithviraj Sukumaran’s directorial and starrer Malayalam film L2: Empuraan continues to be entangled in controversy. The Enforcement Directorate recently searched
Dr Reddy’s gets over Rs 2,395 crore show cause notice from Income Tax authority
Dr Reddy’s Laboratories Ltd on Saturday said it has received a show cause notice from the income tax authority with
Now, watchman gets Rs 2.2 crore Income Tax notice in Aligarh; 4th case in 2 wks
In the fourth such case within a span of two weeks in Aligarh district, Rajkumar Singh, 45, a watchman at
Poor Farmer Gets ₹30 Crore Income Tax Notice In UP’s Mathura, Victim Shocked Over Massive Tax Demand
In a shocking incident, a farmer received a notice of ₹30 crore from the Income Tax Department in Uttar Pradesh’s
Tata Steel challenges income tax reassessment on ₹25,185 crore debt waiver
Tata Steel has taken legal action against the Income Tax Department’s reassessment of its taxable income for FY 2018-19 (AY
Mphasis hit with ₹232.37 crore tax notice over foreign payments
IT services firm Mphasis has received a ₹232.37 crore tax demand from the Income Tax Department for the financial years
PAN-Aadhaar linking: No late fee till Dec 31 for unique ID-based allotment done before Oct 1, 2024
Permanent Account Number (PAN) allotted on the basis of Enrolment ID of Aadhaar application form filed prior to October 1,
Hero MotoCorp faces ₹5.50 crore income tax demand for assessment year 2021-22
Hero MotoCorp received an order passed under Section 143(3) read with Section 144C of the Income Tax Act, 1961, from
