Income-Tax returns: Taxpayers get rebate under Section 87A — Check here for eligibility, limit and rules, explained
All Indian taxpayers are required to file their income tax returns (ITR) and while the e-filing process has become quicker […]
Income Tax Recent News – 2026
Income Tax Dept imposes INR 338.3 cr fine on Alkem Laboratories
“There is no material impact on financial, operation or other activities of the Company due to the said order, since
ACB raids properties of State Tax Department employee, seize assets
The Anti-Corruption Bureau (ACB) officials conducted raids on the properties belonging to Kondapalli Srinivasa Rao, an office subordinate (attender) working
Woman keeps Rs 15 lakh cash withdrawn from bank at home, deposits it later — faces tax trouble, ITAT intervenes
In a ruling that will resonate with thousands of taxpayers who deposited cash during the 2016 note ban, the Income
₹3.12 lakh crore property deals under Income Tax dept scanner
The Income Tax Department’s surveys and spot verifications in Punjab, Haryana, Himachal Pradesh, Chandigarh, Jammu and Kashmir and Ladakh have
You may have to pay up to 200% penalty for misreporting income under updated tax rules
Taxpayers could face penalties of up to 200% of the tax payable in cases of misreporting income, according to the
Two Supari Trading Cos Evaded 1,700 Crore Tax
The income tax raid on two groups of supari (areca nut) trading companies in the city in January has revealed
Are super senior citizens exempt from mandatory e-filing of income tax returns?
Income tax provisions in India come with a range of benefits for senior and super senior citizens, such as higher
Crisil receives income tax assessment order for FY23 with ₹149 crore demand; to file appeal
Domestic rating agency Crisil Ltd on Tuesday (April 21) said it has received an income tax assessment order dated April
New IT Act: Granular data reporting to trigger short-term spike in tax disputes, warn experts
The new Income Tax Act has placed a major focus on more “data-driven” reporting by companies, which, in the short-to-medium
