Recently, the Delhi High Court held that Central Board of Direct Taxes (CBDT) cannot impose limitations to extinguish rights ...

Nearly 40,000 taxpayers are being investigated by the Central Board of Direct Taxes (CBDT) in relation to tax deductions they ...

The income tax department is set to crack down on individuals and businesses that have failed to deduct and deposit TDS/TCS.

Bengaluru: Coming to the rescue of a 73-year-old retired central excise officer acquitted of corruption charges, the high ...

9. Thus, it is very well settled that the circulars issued by the CBDT have the force of law and are binding on the income ...

The government has launched the PAN 2.0 project to improve and consolidate all PAN (Permanent Account Number) related ...

In India, the term “tax evasion” refers to unlawful actions taken to reduce tax obligations by falsifying financial accounts, inflating deductions, or hiding income. Companies and businesspeople ...

The Income Tax Department has launched a crackdown on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...

Calculate now The recent Income Tax Bill has granted significant powers to the Central Board of Direct Taxes (CBDT). For example, the income tax assessing officer can request credit card and bank ...

Around 40,000 taxpayers are under scrutiny for potential defaults in tax deductions for the financial years 2022-23 and 2023-24.

The Income Tax Department is set to launch a nationwide action against nearly 40,000 taxpayers who have failed to deposit ...