Income Tax Dept Raids Chinese Smartphone Manufacturer Premises For Alleged Tax Evasion
The income tax department conducted raids in the premises of Chinese smartphone brands and fintech companies on grounds of suspected…
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Infosys working on streamlining user-end experience for the Income Tax Portal
IT major Infosys acknowledged that some users continue to experience difficulties in accessing the income tax portal, After being pulled…
Income Tax Department conducts searches in Jaipur: Ministry of Finance
New Delhi: The Income Tax Department on January 19 carried out search and survey operations in Jaipur on three groups,…
Income Tax Department conducts searches in Kolkata: Ministry of Finance
Kolkata: The Income Tax Department carried out search and survey operations on persons, entities engaged in the business of hotels,…
Income Tax Department conducts searches in Assam: Ministry of Finance
Guwahati: The Income Tax Department carried out search and survey action on 8 January in the cases of renowned Doctors/Medical…
Supreme Court directs Madras High Court to decide on validity of Section 40(a)(iib) of Income Tax Act
Synopsis: The Supreme Court held that when the vires of Section 40(a)(iib) of the Income Tax Act, which the High…
Taxation on online gambling in India : Are gamblers subject to Income Tax?
The gambling and betting in India is still illegal in India except in states of Goa, Daman and Sikkim. The…
Income Tax Department to Refund ₹733Cr to Vodafone Idea, says SC
On Wednesday, the Supreme Court asked the Income Tax Department to refund ₹733 Crore to Vodafone-Idea Ltd., for the assessment…
To boost slowing economy, central Govt to decriminalise Income Tax Act, PMLA
The NDA government is moving to decriminalise the Income Tax Act and the Prevention of Money Laundering Act (PMLA) as…
Income Tax department extends deadline to link Aadhaar-PAN to March 31st, 2020
The Income Tax (I-T) department has extended the deadline for linking PAN with Aadhaar by three months to March 31,…