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

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

The Income Tax Department's survey on March 8, 2026, found restaurants in India suppressed Rs 408 crore in sales. The AI ...

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

The I-T Department has asked taxpayers to ignore advance tax e-campaign emails for AY 2026-27 due to inaccurate 'significant transactions' data. The department apologized and is fixing the error, ...

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

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

India’s Income Tax Department has detected underreporting of sales worth about Rs 408 crore by restaurants across the country, following a nationwide investigation into suspected tax evasion in the fo ...

PM Modi congratulates RSP leaders on Nepal poll win, backs stronger ties A court granted 10-day interim bail to activist ...

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

Income Tax raids uncovered a ₹70,000 crore fake billing racket in India’s restaurant industry involving manipulated POS ...