Income Tax

The finance ministry is looking into a proposal to tweak the new income tax rule under which business enterprises will […]

The Designated Courts at Ahmedabad and Madurai have today sentenced five accused including then Income Tax Officer (ITO), then Inspector

The income tax (I-T) department has announced that eligible outstanding direct tax demands have been remitted and extinguished. In other words,

Personal Income Tax (PIT) collection is set to exceed Corporate Income Tax (CIT) for the second successive year in a

The Income Tax department has set a limit of Rs 1 lakh per taxpayer for withdrawing small tax demands. This

The Income Tax department on February 16 told the Income Tax Appellate Tribunal (ITAT) that it has not issued an

Life Insurance Corporation of India (LIC) on Friday announced a tax refund worth Rs 21,740.77 crore from the Income Tax Department

The Supreme Court (SC) decision on electoral bonds has put hundreds of taxpayers who have used these instruments to make

In a landmark judgment earlier this week, the Supreme Court on Thursday scrapped the electoral bonds and termed them as