Income tax
- India
I-T raids against SP leader Azam Khan
New Delhi: The income tax department continued its raids against Samajwadi Party leader Azam Khan and those linked to him in Uttar Pradesh on Friday, suspecting a tax evasion of more than…
- India
Income Tax Department clarifies on erroneously sent notices
New Delhi: Days after several income tax payers had received notices for wrongly claiming tax deductions under Section 80 P, the Income Tax Department has clarified that they were sent to them…
- India
Taxpayers receiving notices for claiming deductions create confusion
New Delhi: While the last date for electronically verifying income tax returns lapsed on August 31, several taxpayers have complained of receiving notices for claiming deductions for which they are not even…
- Andhra Pradesh
YSRCP dares Chandrababu to open mouth on IT notice
Amaravati: The YSR Congress Party (YSRCP) has dared Telugu Desam Party (TDP) president N. Chandrababu Naidu to open his mouth on the Income Tax department’s show-cause notice, asking him why an amount…
- Delhi
Delhi HC stays IT reassessment proceedings against Oxfam India
New Delhi: The Delhi High Court has stayed the income tax reassessment proceedings against NGO Oxfam India. The court issued a notice to the Income Tax (I-T) Department and sought its response…
- News
More than 6 crore ITRs filed till July 31
New Delhi: A total of 6.77 crore income tax returns (ITRs) for assessment year 2023-24 were filed till July 31, the Income Tax Department said on Tuesday. This was 16.1 per cent…
- India
Today is last date for filing ITR 2023; Know consequences of missing deadline
The last date for filing the Income Tax Return (ITR) 2023 is today. With just a few hours left for filing the ITR, it is important to know the consequences of missing…
- India
More than six crore ITRs filed till date: Income Tax dept
New Delhi: The Income Tax Department on Sunday announced that more than six crore ITRs have been filed till date, out of which, nearly 26.76 lakh ITRs have been filed on July…
- Business
GST detects Rs 27 crore tax evasion; only Rs 922 crore recovered
New Delhi: In six years since the introduction of the Goods and Services Tax (GST), the government has detected 5,070 fraud cases of GST registration misusing PAN and Aadhaar details of people…
- Bollywood
Meet highest tax paying actress in Bollywood
Mumbai: Deepika Padukone has emerged as Bollywood‘s highest-tax-paying actress, consistently outpacing her female peers in India, according to reports. Deepika’s financial prowess is in the spotlight thanks to her blockbuster success in…
- India
As last date for filing ITR 2023 approaches, know top 10 mistakes to avoid
With just a few days left until the last date for filing the Income Tax Return (ITR) in 2023, it is important to know the top 10 mistakes to avoid while filing…
- Business
File tax returns as July 31 deadline won’t be extended: Centre
New Delhi: The government has urged taxpayers to file their income tax returns before July 31, 2023, to avoid the last minute rush, as there is no possibility of any extension of…
- India
No income tax till Rs 7.27 lakh per annum, says FM Sitharaman
Udupi: Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle-class people, including income tax exemption for those earning up to Rs 7.27 lakh…
- Hyderabad
Hyderabad: Hoax bomb call at Basheerbagh Income Tax office
Hyderabad: Panic prevailed at the Commissioner of Income Tax office at Basheerbagh after a caller informed about a bomb planted in the building on Monday afternoon. The income tax department employees rushed…
- Middle East
Income Tax in UAE? Here’s what the government said
Abu Dhabi: The UAE introduced a federal corporate tax at a standard statutory rate of 9 percent starting from this fiscal year, beginning on or after June 1. The introduction of the…
