Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...
ThePrint8d
Income tax department advises taxpayers to carefully review their foreign income, assets in ITR
The Central Board of Direct Taxes (CBDT) has advised all taxpayers to carefully review their foreign income and assets and ...
Tax Guru21h
Karnataka HC Orders Income Tax Refund with Interest to IBM India
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 ...
No TDS on cash withdrawal by foreign representations from Dec 1: Income Tax department
As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...
SBI cautions about a new fraud; Do not trust the calls from CBI, Income Tax department without verifying their identity
SBI cautions about a new fraud; Do not trust the calls from CBI, Income Tax department without verifying their identity as it ...
english.mathrubhumi3d
Income Tax Department raid on Soubin Shahir's Parava Films - makers of 'Manjummel Boys'
Income Tax Department raids Soubin Shahir's Parava Films over alleged tax evasion and financial irregularities following a ...
PAN 2.0 FAQs answered! Will your PAN Card change, will it have a new number? Income Tax Department releases top 10 points
The new system offers a unified portal for all PAN-related tasks. It includes enhanced PAN cards with QR codes for better ...
devdiscourse3d
Tax Trifecta: IT Department Raids Kochi Production Houses
The Income Tax department conducted raids at the Kochi offices of Parava Films and Dream Big Distributors, production ...
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Kerala: Income Tax raids actor-producer Soubin Shahir’s offices in Kochi over financial transactions
Kochi: The Income Tax Department has launched raids at the offices of actor Soubin Shahir in Kochi. The raids, conducted by ...
Two-year tax task force releases property, income and business recommendations
Democrats assailed the recommendations as not providing enough relief to Hoosier taxpayers, and for giving "handouts" to ...
PAN 2.0: Income Tax Department releases FAQs: See how to apply for a new PAN or update your PAN info
The Central Board of Direct Taxes (CBDT) has stated that the existing PAN cards will continue to be valid unless updates or corrections are necessary.