Many everyday savings account transactions can attract Income Tax Department scrutiny. Large cash deposits, credit card ...

According to the assessment of International Tax Review (ITR) magazine, Andersen Adótanácsadó Zrt. was the best performing ...

The Gujarat High Court on Monday (October 13) directed Central Board of Direct Taxes (CBDT) to extend the due date for filing ...

Income tax refunds for AY 2025-26 are facing delays as the department increases scrutiny of old tax regime claims. Experts say inflated deductions, fraudulent exemptions, and strict monitoring by CBDT ...

Have you filed your Income Tax Return (ITR) but haven't received your refund yet? If so, there's no need to worry. Sometimes ...

The Black Money Act mandates Indian residents to disclose foreign income and assets, imposes heavy penalties for non-disclosure, and has no time limit, emphasizing transparency and compliance with ...

Understand the income tax implications of Diwali gifts from vendors (electronics, vouchers), whether GST is included in stamp ...

Many taxpayers are finding themselves in a fix this year; their Income Tax Returns (ITRs) show "processed", but the refund ...

Taxpayers who missed the deadline get another opportunity to comply by filing a belated return. The Income Tax (I-T) ...

Chennai ITAT ruled that a police canteen operating on the principle of mutuality is not carrying on 'business' under the Income-tax Act, making the mandatory tax audit provision of u/s44AB ...

ITAT Upholds Taxpayer Rights, Limits Section 148 Reassessments on Net Income: ITAT confirmed that income tax reassessments must be based on net taxable income, not gross sale proceeds. Notices issued ...

Bur Dr Chris Williams, who is vice chairman of the Royal College of General Practitioners (RCGP) Scotland, fears that care ...