As MF investor, are my gains excluded from the Section 87A rebate calculation under New Tax Regime in FY 2025–26?
The Central Board of Direct Taxes (CBDT) has recently announced a significant change to the tax rebate calculation under Section […]
The Central Board of Direct Taxes (CBDT) has recently announced a significant change to the tax rebate calculation under Section […]
If you receive a notice from the Income Tax Department under Section 133(6) of the Income-tax Act, 1961, don’t jump
The Central Board of Direct Taxes (CBDT) has notified all Income Tax Return (ITR) forms for Assessment Year (AY) 2025–26,
Nearly 500,000 additional permanent account number (PAN) allotments have been made to trusts between March 2019 and March 2025. Allotments
An Income Tax Department team seized Rs 50 lakh in cash from a car near the Baraus Toll Plaza on
Corporate hospital chain Fortis, has received a rectification order from the Income-Tax department over an income tax demand of a
The Income Tax Department has notified new ITR forms for FY 2024-25, detailing eligibility and exclusions for each form. Forms
The income-tax department has set an ambitious target to dispose of over 200,000 cases, involving an aggregate disputed amount of
The Income Tax Department has recovered ₹1,400 crore from 63,000 donors who evaded large amounts of tax by making donations
People get an email from the Income-Tax Department regarding their income tax returns under Section 143 (1). The email has