Tenant signed rent agreement with family and gets Rs 11 crore apartment in lieu of surrendering his tenancy rights for ...

The 2025 Act replaces multiple forms with simplified, category-specific formats. It streamlines compliance while retaining ...

The department acknowledged the issue and apologised for the inconvenience caused to taxpayers. "The Department thanks ...

India will roll out the new Income Tax Act, 2025 from April 1, 2026. Here are key FAQs, changes, and what the new tax rules ...

India's Income Tax Act, 1961, is set to be replaced by the Income Tax Act, 2025, effective April 1, 2026. To ease this ...

The deadline for filing income tax returns for assessment year 2025-26 was extended to September 15, 2025. Many taxpayers are ...

Income Tax department uncovers ₹408 crore in suppressed restaurant sales during nationwide tax evasion survey.

The Income Tax Department has identified numerous cases of Indian professionals working for foreign companies and receiving ...

Many taxpayers were surprised to receive emails about advance tax payments mentioning "significant transactions". But soon ...

India’s Income-Tax Department found restaurants under-reported sales worth ₹408 crore after surveying 62 outlets across 46 ...

The department said that the emails were meant only as facilitative reminders to help taxpayers review financial information.

GUWAHATI: The Income Tax department has set up a round-the-clock control room in Assam to check use of black money in the ...