Page 14 of income tax department News
The Income Tax Bill, 2025 marks a major shift in India’s tax system after more than six decades. Unlike the…
The Income Tax Department has reportedly launched a survey operation at the Mumbai premises of Nuvama Wealth and Investment Limited…
Now that both online and offline utilities have been released by the tax department for ITR-3, taxpayers with business income,…
In the Union Budget 2025, the Centre announced a rule saying that taxpayers would now get up to 48 months…
The department has clearly stated in its official social media post that the purpose of the Income Tax Bill 2025…
Many taxpayers this year are receiving their income tax refunds within just a few hours of filing their ITR online…
Now only 50 days are left to meet the current deadline of 15 September 2025, but taxpayers do not have…
Section 87A is a provision of the Income Tax Act under which individuals who are residents of India are given…
Every year, the presence of Indian money in Swiss banks sparks debates and speculation — often linked with black money.…
Over 2.25 lakh cases involving Rs 10 lakh crore in disputed tax demands are being targeted for resolution. The Finance…
On July 21, the Select Committee presented in Parliament its report, in which many important recommendations have been made. In…
In the new Income Tax Bill, there is one provision which triggered a major debate among taxpayers in the country.…
Facing errors in your Annual Information Statement (AIS) while filing ITR for AY 2025–26? You’re not alone. The income tax…
The Lok Sabha Select Committee has retained a controversial clause in the Income Tax Bill 2025 that allows tax officials…
The Select Panel on the Income Tax Bill, 2025 recommends key taxpayer-friendly changes, including GAAR refinement, inter-corporate dividend deductions, relaxed…
The Select Committee of the Lok Sabha, led by chairperson Baijayant Panda of the Bharatiya Janata Party, has submitted its…
A Parliamentary panel has recommended key changes to the new Income Tax Bill, 2025, including allowing late ITR filers to…
If you earned from cryptocurrency in FY25, it is essential to choose the correct ITR form while filing returns in…