India's Income Tax department has expanded safe harbour rules, including lithium-ion batteries for electric vehicles in core ...

CHENNAI: The income tax department has sent a demand notice to state-run Indian Overseas Bank (IOB) for Rs 559 crore.The notice under Section 156 of Income Tax Act, 1961 from the assessment unit of ...

Vijayawada: Jointcommissioner of commercial taxes S Prashant Kumar has informed that the department will collect the professional tax in the limits of the Vijayawada municipal Corporation.

The Income Tax Department is grappling with an alarming backlog of direct tax arrears, with a staggering Rs 29 lakh crore ...

The Income Tax Department has informed a Parliamentary panel that two-thirds of the Rs 43 lakh crore outstanding tax demand ...

The ITR is a declaration of one's income to be used for showing the taxes tat have to be paid during a financial year.

Income Tax Department informs a Parliamentary panel that 67% of Rs 43 lakh crore outstanding direct tax demand is difficult ...

Public sector general insurer New India Assurance on Thursday said it has received a Rs 124.98 crore demand notice from the ...

This action is part of a larger effort to curb tax evasion and avoidance, leveraging data analytics based on information ...

Govt proposes amendment to Finance Act 2025, clarifying search and seizure focus on undisclosed income, strengthening ...

Technically there is no tax if taxable income up to 12 lakh (except special rate income), as you get rebate equivalent to tax ...

The scrutiny of 12 years of Volkswagen shipments resulted in India's highest-ever demand for back taxes related to import ...