AstraZeneca Pharma to challenge ₹11.96 crore tax order
AstraZeneca Pharma India Limited has received a draft order from the assessment unit, Income tax department, being passed under section […]
Income Tax Recent News – 2025
Income-Tax Bill expands scope of AMT, increasing tax burden on LLPs
The Income-Tax (I-T) Bill, 2025, has broadened the scope of the alternative minimum tax (AMT) applicable to taxpayers other than
JK Lakshmi Cement faces Rs 45.6 crore tax demand from income tax authority
JK Lakshmi Cement Ltd on Tuesday said it has received a demand of Rs 45.6 crore from income tax authority
Over Rs 11.8 trn locked in direct tax litigation, FM informs Rajya Sabha
The total amount of tax revenue locked in litigation for direct taxes stands at Rs 11.83 trillion, with over 71,453
Over 9 crore people filed ITR till February 28, high-income taxpayers stand over 4.6 lakh
More than 9 crore people have filed their income tax returns (ITR) for the financial year 2025 (as of February
Yes Bank faces ₹144 cr demand following tribunal order
Yes Bank has received a partial order giving effect and income-tax computation statement from the Jurisdictional Assessing Officer determining the
New TDS rules from April 01, 2025: How will investors, senior citizens benefit
The new Tax Deducted at Source (TDS) rules announced in Budget 2025 will take effect from April 1, 2025. The
Nearly 5 Lakh Taxpayers Have Reported Income Over Rs 1 Crore Till February 2025: ITR Data
ITR data showed that roughly 3.89 lakh taxpayers reported an income between Rs 1 crore and Rs 5 crore. More
FY25 advance tax mop up rises 14%, led by personal Income Tax segment
Boosted by strong growth in personal income tax-led non-corporate segments, advance tax collections in 2024-25 rose over 14 per cent,
MNCs stare at tax notices over corporate guarantees extended to Indian subsidiaries
The Income Tax Department has issued notices to at least a dozen multinational companies (MNCs) operating in India, demanding additional
