The reason could be that your current year’s refund may have been adjusted against your old income tax demand, embroiled in ...

Income tax department wrongly imposing late filing penalty despite filing ITR in time, several processing errors ...

The more state government funds itself off of sales taxes — rather than income taxes — the more regressive it becomes.

Hyderabad: The income-tax department has collected Rs 66,267 crore in taxes in Telangana and Andhra Pradesh as on December 2 ...

The Inland Revenue Department (IRD) has extended the deadline for filing Income Tax Returns for the Year of Assessment ...

There are limits on depositing money into savings accounts. The Income Tax Department has issued some important rules.

The Supreme Court on Monday set aside an Income Tax Department notice towards reassessment proceedings initiated against ...

Delhi High Court held that review petition partake the character of pending proceedings and hence the gets covered under Direct Tax Vivad Se Vishwas Act, 2020 [DTVSV Act]. Thus, writ petition allowed.

The Ministry of Finance has said: " The existing PAN card holders are not required to apply for a new PAN under the upgraded ...

Resident analyst dissects effects of state’s tax structure, federal tax cuts, COVID, investment income and remote work on ...

As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...