CBDT Sending Emails, Texts To Taxpayers Seeking Correction In Profile, Financial Transactions In FY24

The income tax department on Sunday said it has started sending emails and SMSs to assessees…

Net Direct Tax Collection Grows 19% So Far In FY24, 81% Of Budget Target

The income tax (I-T) department on Thursday said that the net direct tax collection so far this…

I-T Dept Call Centre Trying To Resolve 35 Lakh ‘On Hold’ Refund Cases: CBDT Chairperson

Nearly 35 lakh cases seeking refunds are currently held up with the Income Tax Department due…

Income Tax Department Issues ‘Angel Tax’ Rules For Valuing Investments In Start-ups

The income tax department issued norms regarding the valuation of equity and compulsorily convertible preferable shares…

Tax Department Revises Rules For Evaluating Rent-Free Accommodation For Private Employees

The Income Tax (I-T) department has made things easier for employees availing accommodations provided by employers.…

Under Benami Act, I-T Attached Assets Worth Rs 18,400 Crore Till July 31: Report

The Income Tax (I-T) Department attached assets worth Rs 18,400 crore under the Benami Transaction Prohibition…

Income Tax Raids Dolo-650 Manufacturer Micro Lab Office In Bengaluru

The Income Tax (I-T) Department on Wednesday conducted raids on the office of popular drug Dolo-650…

Tax Collections Surge To Record High Of Rs 27.07 Lakh Crore In FY22

New Delhi: India’s tax collections soared to a record high of Rs 27.07 lakh crore in…

Unicorn Infra.Market under I-T lens for alleged evasion – Times of India

NEW DELHI: Infra.Marketan online platform for construction materials, is under the scanner of the tax department…

I-T detects assets worth 130cr with Sena neta | India News – Times of India

The investigation wing of the income tax (I-T) department has found details of at least 36…