The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...

The Enforcement Directorate recently raided L2 Empuraan producer Gokulam Gopalan. The IT Department has now issued a notice ...

HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA ...

The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...

The Income Tax Department has issued an important notification, requiring PAN card holders who obtained their PAN using an ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...

The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is ...

Jayalakshmi (52), who was working as the Income Tax Inspector in the I-T Department located in the complex, had come to the ...

Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) obligations on rent payments. Non-compliance leads to penalties and interest.

The bank stated that a demand notice under Section 156 of the Income Tax Act, including Rs 243.02 crore in interest, was ...

The Income Tax Department has issued a fresh notice to Malayalam film producer Antony Perumbavoor of Aashirvad Cinemas banner ...