Income tax department wrongly imposing late filing penalty despite filing ITR in time, several processing errors ...

SBI cautions about a new fraud; Do not trust the calls from CBI, Income Tax department without verifying their identity as it ...

The Central Board of Direct Taxes (CBDT) has advised all taxpayers to carefully review their foreign income and assets and ...

A government agency that undertakes the direct collection of tax in India is the Income Tax Department. All operations of the department are handled by the Central Board for Direct Taxes (CBDT).

Whether you are an individual, a business owner, or part of a government office, this December 2024 tax calendar outlines key ...

Karnataka High Court issued a judgment in favor of IBM India Private Limited, directing the Income Tax Department to refund a total amount of Rs.154,08,41,927 with applicable interest. This refund ...

Existing PAN cardholders need not worry about reapplying under this new scheme. Union Minister Ashwini Vaishnaw confirmed ...

The survey aimed to gather information and examine documents related to potential tax evasion. (Truecaller) The Income Tax Department conducted a survey at the offices of "Truecaller" in Mumbai and ...

Post-office savings schemes give investors many options with interest rates up to 8.2%. Most of these post-office schemes ...

The Ministry of Finance has said: " The existing PAN card holders are not required to apply for a new PAN under the upgraded ...

New Delhi [India], November 24 (ANI): The Central ... and report them accurately in their Income Tax Returns (ITRs). Income Tax department in its special edition of 'Samvad' raised awareness ...