Income Tax News

The Income Tax department has levied a penalty of Rs 564.44 crore on Bank of India, the public sector lender said […]

A Delhi Court recently convicted and sentenced a woman to six months in jail for not filing a return on

The income tax department has unearthed a Rs 40 crore tax refund scam. Eight tax consultants, many employees of railways

Several social media influencers are facing income tax heat following their posts on travel to exotic locations. The income-tax department

Banks will be required to notify the income tax department about large cash deposits of ₹2,000 currency notes above a threshold

The Reserve Bank of India (RBI) has withdrawn Rs 2000 notes from circulation. Individuals holding Rs 2000 notes can now

A man from MP’s Bhind, who has a salary of Rs 58,000 a month, has received yet another notice from

A special court on Wednesday sentenced a 53-year-old income tax officer to four years imprisonment for accepting a bribe of

The government has announced a slew of changes in the income tax rules that will come into effect from the