The Delhi High Court, in its analysis, found the revenue’s approach to be flawed. The court specifically noted that a perusal of the reasons recorded for reassessment “would establish beyond a measure ...

CESTAT Delhi held that service tax correctly demanded on the basis of Form 26AS since the appellant has not filed any returns and is also not registered with service tax department. Accordingly, ...

The Central Bureau of Investigation (CBI) arrested Hyderabad Income Tax Commissioner Jeevan Lal Lavidiya and four others after catching them red-handed while accepting a bribe of ₹70 lakh on ...

The CBI has arrested Commissioner Income Tax (Exemptions), Hyderabad, Jeevan Lal Lavidiya and four others in an alleged bribery case of Rs 70 lakh. New Delhi, May 10 (PTI) The CBI has arrested ...

The CBI has arrested Commissioner of Income Tax (Exemption), Hyderabad, Jeevan Lal Lavidiya, for allegedly accepting a bribe of Rs 70 lakh to settle an appeal in favour of Shapoorji Pallonji Group ...

The Income Tax (I-T) Department has notified income tax returns for assessment year 2025-26 (financial year 2024-25) enabling the filing of returns effective April 1. This year onwards, the tax ...

Aliss Higham is a Newsweek reporter based in Glasgow, Scotland. Her focus is reporting on Social Security, other government benefits and personal finance. She has previously extensively covered U ...

The finance ministry had introduced the faceless scheme to increase transparency, reduce human interface and prevent corruption. The scheme is called "faceless" as the assessee does not get to see ...

Trump acknowledged Sunday that income tax elimination is a goal but not necessarily one that could be achieved overnight. “I’ll be able to reduce taxes to a very large extent and maybe almost ...

"And it's possible we'll do a complete tax cut, because I think the tariffs will be enough to cut all of the income tax," he noted. The president indicated Americans will be given "a tremendous ...

Ans: In recent years, the Income Tax Department has made significant strides towards digitization and automation, particularly through the rollout of AIS and the enhancement of the compliance portal.

The CBI arrested a deputy commissioner of the income-tax department and a chartered accountant Friday for allegedly sharing sensitive data on pending assessment with a group of chartered accountants ...