The Income Tax Appellate Tribunal (ITAT), Kolkata, has set aside a penalty of ₹1 crore imposed on Tarai Transport Corporation ...

To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

The Income Tax Department has officially opened the portal for filing Income Tax Returns (ITR) for Assessment Year 2025-26.

Shapley would be the fourth person to hold the job this year; in other news, UK tax advisory firm MHA raised fewer funds than ...

If you believe the outstanding tax demand is incorrect, you should furnish an appropriate response online through the ...

The US needs to be involved in pillar one for there to be more international acceptance of the project, Michael Masciangelo ...

In the case of Optra Health Private Limited vs. ACIT, the Bombay High Court addressed an issue stemming from a mismatch be-tween the name used in the income tax return (ITR) and the company’s updated ...

For this assessment year, if you receive less income tax refund or do not get any refund at all, you should check the status ...

To ensure a smooth and error-free ITR filing process, it's essential to keep all the necessary documents handy beforehand.

Gone are the days when unreported cash dealings could escape the eyes of the Income Tax Department. In its latest drive against tax evasion, the department has tightened its grip on high-value cash ...

Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...

After successfully filling out the income-tax return, the next step is to verify it. If a return is filed but not verified ...