The Supreme Court on Monday set aside an Income Tax Department notice towards reassessment proceedings initiated against ...

The Delhi High Court has made it clear that neither Section 160 nor Section 87 of the Central Goods and Services Tax Act, ...

The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...

Kerala High Court held that as rental income of property already treated under the head ‘income from house property’, the sale of said property to be assessed under the head ‘capital gains’ and not as ...

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

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 ...

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 as it ...

Income Tax Department raids Soubin Shahir's Parava Films over alleged tax evasion and financial irregularities following a ...

The new system offers a unified portal for all PAN-related tasks. It includes enhanced PAN cards with QR codes for better ...

KOCHI: The Income Tax (IT) department has launched a probe against producers and distributors of the Malayalam blockbuster ...