Section 132 of the Income Tax Act, 1961 allows an Income Tax Officer to search and seize any suspect property. Income Tax ...
Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.
Non-Adjudication on Section 87A Rebate for STCG: The court refrained from making a conclusive ruling on whether the rebate under Section 87A applies to Short-Term Capital Gains (STCG). However, It ...
The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...
It will not be easy for anyone to evade tax now. In case of tax evasion, the Income Tax Department will now also keep an eye ...