Final Call For ITR Filing: September 15 Deadline Confirmed, Social Media Rumours Debunked
On Sunday, the Income Tax Department confirmed the ITR filing deadline remains 15 September, dismissing false online rumours of an extension.
IT Department Enables Online Filing For ITR-3; New Form Reflects Key Budget Changes
The Income Tax Department has announced that taxpayers can now file Income Tax Return (ITR) Form 3 online through the official e-filing portal.
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.
IRS Officer Gaurav Garg Attacked By Senior Official Yogendra Mishra In Lucknow Office
A violent clash broke out between two Indian Revenue Service (IRS) officers at the Income Tax Office in on Thursday in Hazratganj, Lucknow.
India Signs Record 174 Advance Pricing Agreements In FY 2024-25
The APA scheme provides tax certainty by determining the arm’s length price of international transactions in advance for up to five years.
Nudge Campaign Encourages Taxpayers To Declare Foreign Assets; Results In Rs 30,300 Crore Disclosure
Over 30,000 taxpayers disclosed foreign assets worth Rs 30,300 crore in revised or belated ITRs, FM Sitharaman said Tuesday.
Delhi High Court Rejects Speculative Claims In PIL Over Electoral Bond Donations
Delhi High Court, during the hearing of a PIL seeking a court-monitored investigation into donations made through electoral bonds.
Supreme Court To Hear Congress Party’s Petition Against Income Tax Recovery Notice
The Supreme Court is set to hear the Congress Party's petition challenging the Income Tax Department’s outstanding recovery notice.
Cabinet Approves PAN 2.0 Project To Revamp Taxpayer Services With Rs 1,435 Crore Budget
On Monday, the Cabinet Committee on Economic Affairs (CCEA), chaired by PM Modi, approved the PAN 2.0 project of the Income Tax Department.
India Sees Surge In High-Income Taxpayers; 9.39 Lakh Declare Over Rs 50 Lakh Income
Senior Income Tax officials report a rise in high-income taxpayers, with over 9.39 lakh individuals declaring incomes above Rs 50 lakh.
