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 ...

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 ...

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

Finance Minister Nirmala Sitharaman provided this relief against income tax searches and requisition cases; Know more ...

The Income Tax Return submission for assessment year 2025-26 will open on April 1 2025. Earnings-based employees ...