Income Tax
The Income Tax Department is unlikely to extend the July 31 deadline for filing returns for FY 2023-24. Here's what taxpayers need to know …
Income Tax
Karnataka High Court clarifies that income tax orders remain valid if the Document Identification Number is communicated separately after the original order, provided proper …
Income Tax
India's net direct tax collections have shown robust growth, reaching Rs 6.51 lakh crore with a 16.4% year-on-year increase, reflecting improved compliance and economic …
Income Tax
Net direct tax collections have shown robust growth, reflecting improved compliance and economic momentum. Here's what this milestone means for taxpayers and the broader …
Income Tax
India's net direct tax collections reached Rs 6.51 lakh crore by mid-July, reflecting strong economic activity and improved tax compliance. This growth indicates robust …
Income Tax
The Delhi High Court will examine a petition concerning the taxation of allowances received by judges under the new income-tax regime introduced in 2020, …
Income Tax
The government has notified the Income Tax Rules 2026, introducing a revised compliance framework set to take effect from April 1, 2025. The new …
Income Tax
Filing your income tax return correctly is crucial to avoid hefty penalties ranging from late fees to severe fines. Understanding common mistakes can help …
Income Tax
If you've paid excess tax through TDS or advance payments, you're entitled to a refund. Here's a complete guide on claiming and tracking your …