Income Tax
As the July 31 deadline approaches, taxpayers wonder if the government will grant another extension. Tax experts weigh in on the likelihood and what …
Income Tax
Finance Minister Nirmala Sitharaman has directed income tax officials to streamline procedures and reduce unnecessary hardships faced by ordinary taxpayers seeking basic services and …
Income Tax
Indian residents must disclose their foreign assets in their Income Tax Return. Here's what you need to know about compliance requirements, penalties for non-disclosure, …
Income Tax
Understanding which Income Tax Return form applies to your situation is crucial for accurate filing. Here's a breakdown of all ITR forms and their …
Income Tax
The Income Tax Act 2025 introduces provisions for tax authorities to conduct searches in virtual digital spaces, extending traditional enforcement powers into cloud storage, …
Income Tax
Income Tax Day, observed annually on July 24, commemorates the introduction of income tax in India in 1860. The day celebrates tax compliance and …
Income Tax
As the income tax return filing deadline nears, taxpayers should be aware of various penalties for late filing, incorrect returns, and non-compliance to avoid …
Income Tax
The Income Tax Department, Pune Region, marked the 167th Income Tax Day on February 24, 2026, celebrating over a century and a half of …
Income Tax
The Allahabad High Court has held that income tax notices issued to deceased persons are invalid, reaffirming that tax laws are designed to tax …