Income tax

Income tax department informs SC, ‘It will not take any coercive steps to recover ₹1700 crore against Congress’

The Income Tax department informed the Supreme Court on Monday, April 1, that it has opted not to take any…

1 year ago

Advance tax last installment deadline ends today

March 15 marks the deadline for the payment of advance tax, a crucial obligation for taxpayers, who must ensure accurate…

1 year ago

Income tax update: Complete these tax-related duties by March 31 to avoid penalties

As the financial year 2023-2024 draws to a close, it's imperative to engage in proactive tax planning and complete various…

1 year ago

Avoid Penalties: Income Tax Warning – Dec 31 Last Date for ITR!

The Income Tax Department has issued a warning to taxpayers who missed the July 31 deadline to file their Income…

2 years ago

Delhi HC dismisses news portal plea challenging Income tax orders

The Delhi High Court rejected the News Portal NewsClick appeal contesting the Income Tax Department's orders dated November 3 and…

2 years ago

Direct tax collections are up at Rs 6.53 lakh crore so far

Until now, Gross Direct tax collections in India in the financial year 2023-24 have seen steady growth with a total…

2 years ago

ED Raids Tamil Nadu Minister Senthil Balaji’s Residence

The Enforcement Directorate conducted raids at the residences of Tamil Nadu Minister Senthil Balaji in Karur and Chennai. The raids…

2 years ago

ITAT Deleted Addition: Any Adjustment Against Bad And Doubtful Debts Amounts To Actual Writing Of The Bad Debts

The Income Tax Appellate Tribunal, Ahmedabad bench in the case Integra Engineering India Ltd Versus Asstt. Commissioner of Income-tax observed…

2 years ago

IT surveys in BBC office to probe “non-compliance with transfer pricing rules, diversion of profits”

The Income Tax department on Tuesday, February 14, conducted a survey at the BBC offices in Delhi as well as…

2 years ago

Union budget 2023: Key Points

The finance minister Nirmala Sitharaman has just laid the union budget 2023 before the house. This was the fifth time…

2 years ago

IT seizes Rs 11 cr from TMC MLA Zakir Hossain

The Income Tax Department on Thursday confiscates cash worth 11 crore rupees from TMC MLA Zakir Hossain in West Bengal.

3 years ago

‘BJP and Modi government are deploying IT officers’ says Malla Reddy

Taking a dig at Bharatiya Janata Party and Prime Minister Narendra Modi government Telangana labor minister Malla Reddy slammed for…

3 years ago