Part A of AIS displays general information about you, including PAN, masked Aadhar number, name of the taxpayer, date of ...

Billy Long explained his plans for the Internal Revenue Service and the new tax bill during his first public talk as IRS ...

The proposed legislation, aimed at overhauling and modernising the Income Tax Act, 1961, has received over 332 suggestions ...

Income Tax Department uses AI tools to encourage taxpayers to update returns, leading to increased revenue and disclosure of ...

The Income Tax Department has issued a formal clarification regarding the proposed Income Tax Bill 2025, dismissing ...

A higher VRT rate of 15 per cent is also suggested for vans and light commercial vehicles emitting more than 260g/km of CO2.

Confirming the development, Mohammad Abdur Rakib, commissioner of the ITIIU – the intelligence wing of the Income Tax Dept, told TBS, “We have initiated inquiries into the tax files of these ...

Bombay High Court sets aside reassessment notices for AY 2017-18, ruling Jurisdictional AO lacks authority to issue them under Faceless ...

ITAT Lucknow dismisses revenue appeal, confirming deletion of Rs. 1.13 Cr addition, citing lack of identity proof and denied ...

In a stinging judgment, the Bombay High Court has pulled up multiple statutory and regulatory bodies—including the unique identification authority of India (UIDAI), the income tax (I-T) department, ...

Husband gifts two flats to wife in 2017, wife sells them in 2020 for Rs 6 crore (5.98) and pays no income tax, Mumbai ITAT ...

The government says it got more income tax than expected at the start of last year, according to new figures. The Central ...