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

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

Taxpayers are receiving emails from the Income Tax Department about 'significant transactions' and potential shortfalls in ...

The Income Tax Department has launched a nationwide verification drive to check whether restaurants have under-reported sales ...

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

In a post on X social media platform, the tax department said it has received reports from taxpayers about inaccurate ...

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

Authorities acknowledge error in advance tax campaign messages and say issue is being fixed with service provider ...

The new legislation reorganizes provisions related to return processing, scrutiny assessments, and reassessment of escaped income. It simplifies drafting while largely retaining the existing ...

An NRI faced a tax addition of ₹56.15 lakh after buying property in India when the tax department questioned the source of funds. However, the ITAT Ahmedabad deleted the addition after verifying that ...

Routine checks at restaurants in Hyderabad last November led tax officers to spot discrepancies between customer footfall and ...