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

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

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

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 ...

Boosting betting tax in the budget would raise up to an extra €53 million a year for the State, according to Department of ...

Jawed Shaikh, who is employed as a driver with Shiv Sena MP Sandipan Bhumre and his MLA son Vilas, was summoned by the inco.

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

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

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

Taxpayers can check the status of the refunds due on the income tax department’s official e-filing portal (incometax.gov.in).

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, ...