The evidences clearly indicate evasion of taxable income by adopting various modus-operandi such as suppression of production, use of bogus...

The new rate of depreciation for cars was kept at 30% as compared to the existing depreciation rate of 15%...

Paytm IPO Subscription Status The Paytm IPO is subscribed 1.89 times. The public issue subscribed 1.66 in the retail category,...

A Taxpayers’ Lounge has been set up by the Income Tax Department in India International Trade Fair, 2021 at Pragati...

The above judgement has been passed by Hon'ble ITAT, Bangalore in case of M/s. Myntra Designs Pvt. Ltd. Vs. Deputy...

The My Bank Account service is available to all registered taxpayers on the e-Filing portal (post-login), who have a valid PAN and...

1. When do I need to submit a rectification request? A request for rectification can be submitted on the e-Filing...

The Income Tax Department carried out search and seizure operations on 27.10.2021 at the Headquarter and one of the branches...

The Nykaa IPO is subscribed 81.78 times. The public issue subscribed 12.24 in the retail category, 91.18 in the QIB...

This Scheme shall be applicable to pending applications in respect of which the applicant has not exercised the option under...

The search action has resulted in seizure of unaccounted cash of Rs. 63 lakh and jewellery of Rs. 2 crore....

The Income Tax Department carried out search and seizure operations in border districts of Rajasthan on 28.10.2021 covering 33 premises...

TDS means Tax deducted at source. The concept of TDS was introduced in Income Tax act with an aim to...

Now let's talk about the taxation details i.e. PAN and Address in relation to PM cares fund which would be...

Income Tax Department has rolled out the new Annual Information Statement (AIS) on the Compliance Portal which provides a comprehensive...