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 denied a TNIE report that said the tax department will be tapping Digi Yatra data to go after evaders. Responding to the report, the department said in a social media ...

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 ...

After receiving the cabinet nod last week, new income tax law is set to be tabled in ... this (kind of bill),” she also said during this interview. 7. Easier to comply: The new law will be ...

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 introduced the ITR-U form, extending the window for taxpayers to revise their income tax returns to four years, as per the Finance Act, 2025. This allows individuals ...

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 ...