SC Stays HC Verdict Declaring Income Tax Act’s Section 147A Unconstitutional
The Supreme Court has stayed the Punjab and Haryana High Court ruling that struck down Section 147A of the Income Tax Act.
Income Tax Department Cracks Down On Bogus Claims Of Deductions And Exemptions
The government said Monday that the Income Tax department launched a nationwide crackdown on fraudulent ITR deduction and exemption claims.
Finance Minister Unveils Major Overhaul Of Income Tax Act In 2024-25 Budget
Finance Minister Sitharaman has announced a comprehensive review of the Income Tax Act of 1961 as part of the Budget proposals for 2024-25.
