Bar & Bench4h
Supreme Court quashes IT Department notice against Radha Soami Satsang Beas
The Supreme Court on Monday set aside an Income Tax Department notice towards reassessment proceedings initiated against ...
Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...
ThePrint8d
Income tax department advises taxpayers to carefully review their foreign income, assets in ITR
The Central Board of Direct Taxes (CBDT) has advised all taxpayers to carefully review their foreign income and assets and ...
SBI cautions about a new fraud; Do not trust the calls from CBI, Income Tax department without verifying their identity
SBI cautions about a new fraud; Do not trust the calls from CBI, Income Tax department without verifying their identity as it ...
Live Law1h
GST Department Not Empowered To Issue Notices In Name Of Non-Existent Entity Post Amalgamation: Delhi High Court
The Delhi High Court has made it clear that neither Section 160 nor Section 87 of the Central Goods and Services Tax Act, ...
Tax Guru1d
Karnataka HC Orders Income Tax Refund with Interest to IBM India
Karnataka High Court issued a judgment in favor of IBM India Private Limited, directing the Income Tax Department to refund a total amount of Rs.154,08,41,927 with applicable interest. This refund ...
No TDS on cash withdrawal by foreign representations from Dec 1: Income Tax department
As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...
english.mathrubhumi4d
Income Tax Department raid on Soubin Shahir's Parava Films - makers of 'Manjummel Boys'
Income Tax Department raids Soubin Shahir's Parava Films over alleged tax evasion and financial irregularities following a ...
PAN 2.0 FAQs answered! Will your PAN Card change, will it have a new number? Income Tax Department releases top 10 points
The new system offers a unified portal for all PAN-related tasks. It includes enhanced PAN cards with QR codes for better ...
devdiscourse4d
Tax Trifecta: IT Department Raids Kochi Production Houses
The Income Tax department conducted raids at the Kochi offices of Parava Films and Dream Big Distributors, production ...
Torrent Pharma gets penalty of Rs 2.32 cr from Income Tax Department
Torrent Pharmaceuticals has informed that it has received a penalty of Rs 2.32 crore by the Income Tax Department under Section 271(1)(c) of the Income Tax Act, 1961, for alleged tax adjustments.