The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed ...

The Income Tax Department has continuously been expanding the scope of monitoring tax evasion. Tax officials have scaled up the use of Artificial Intelligence (AI) and data analytics to enhance ...

The income tax department has announced that DPIIT-recognized startups meeting specific criteria and submitting Form-2 are eligible for various tax exemptions and deductions under the Income Tax ...

The Income Tax Department has issued notices to Taxpayers who have been paying a rent of ₹50,000 or more per month and not deducted Tax Deducted at Source (TDS) while remitting the amount to ...

The Income Tax department issued a warning about fake news related to the deadline of ITR returns. The department stated that a clipping of the news which is being circulated on social media ...

Income Tax payers can now match the sections of the I-Tax Act, 1961, with the corresponding clauses in the simplified I-T Bill, 2025, on the tax department portal. Also, Section to Section mapping ...

In a move to simplify tax payments and enhance digital convenience, the Income Tax Department has updated the list of banks authorized under the e-Pay Tax Service on its e-Filing portal.