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

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

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

The Income Tax Department's North Eastern Region has set up a 24x7 control room in Guwahati to curb black money use in the ...

The Delhi High Court on Monday dismissed an appeal filed by the Income Tax Department against Boeing’s Indian subsidiary, ...

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

Maruti Suzuki India Limited on Tuesday confirmed to receive a Draft Assessment Order from the Income Tax Authority worth Rs 5,786 crore.

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 ...

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

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 ...

Cryptocurrency gains in India are taxed at 30% with 1% TDS under the VDA regime. Budget 2026 strengthens reporting rules, making accurate disclosure and reconciliation in ITR essential for ...