ACIT (ITAT Delhi), the Income Tax Appellate Tribunal (ITAT) addressed the addition of ₹26.35 lakh made by the Assessing Officer (AO) under Section 68 of the Income Tax Act, treating it as unexplained ...

Announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025, new changes are designed to simplify the tax ...

An egg seller from MP was left stunned after receiving a ₹50 crore tax notice for transactions he never made. Investigations ...

With the updated ITR deadline nearing, a meticulous review of your income, tax liability, and payment is paramount.

What You Need to Know A significant change has been introduced in the income tax regulations. This amendment pertains to ...

1. The applicability of the Rebate under section 87A on Short-Term Capital Gain under the New Regime is a highly debatable ...

As the fiscal year 2024-25 draws to a close, taxpayers should prepare to submit their Income Tax Returns (ITR) for Assessment ...

The Updated Income Tax Return-Update (ITR-U) gives taxpayers the opportunity to voluntarily disclose undisclosed income or ...

If you file Income Tax Return (ITR) every year, then you will need to be more cautious than before while filing it next time.

Juice vendor gets ₹7.8 cr. tax notice ! Nobody is immune to potential harassments from Income Tax Dept. Irrespective of ...

Tax authorities will be able to make a forced entry into your premises upon detecting suspicious activitiy under applicable ...

The Finance Minister said in the Lok Sabha that SMS and e-mails were sent to around 19,501 taxpayers, asking them to review ...