For all the taxpayers that are indulging in luxury spends, it is important to ensure that your tax records are in sync since ...

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 ...

Mumbai: The income tax department has unearthed a racket where certain income tax return preparers and intermediaries have been filing returns claimin.

Income Tax Department has access to global financial data through international frameworks like the Common Reporting Standard ...

Schedule FA (Foreign Assets) in the ITR form is primarily meant for reporting foreign assets, and Schedule FSI (Foreign Source Income) is meant for reporting income from foreign sources.

In ongoing searches carried out by the income tax department at more than 200 locations across the country for false deduct.

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 ...

Taxpayers must ensure proper disclosures when reporting foreign assets and income to tax authorities, including selecting the ...

Jammu Kashmir High Court held that GST is leviable on rental income received by renting out hotel premises to the Police ...