By: AdminMay 21, 2024Categories: Income Tax|Income Tax News4 Min Read Nearly Rs 60 crore cash was recovered from a premises linked to a shoe trader in Uttar Pradesh’s Agra in…
SC waives interest on Income Tax dues payable by Telcos pursuant to holding license fee as capex
By: AdminMay 18, 2024Categories: Income Tax|Income Tax News4 Min Read The Supreme Court on May 17 waived the interest on income tax dues payable by telecommunication companies (Telcos) pursuant to…
Indian crypto investors take illegal routes to avoid tax burden
By: AdminMay 18, 2024Categories: Income Tax|Income Tax News4 Min Read Six months after the government took steps to strike down foreign cryptocurrency exchanges such as Binance and Kucoin for not…
Karnataka High Court directs BBMP to allow opening of Mantri mall from today after management promises to pay ₹20 crore tax arrears
By: AdminMay 18, 2024Categories: Income Tax|Income Tax News4 Min Read The High Court of Karnataka on Thursday directed the Bruhat Bengaluru Mahanagara Palike (BBMP) to open the lock of Mantri…
Income Tax Department officer duped of ₹48.9K in online reward points fraud
By: AdminMay 18, 2024Categories: Income Tax|Income Tax News4 Min Read A 48-year-old IRS officer with the Income Tax Department lost ₹48,902 to an online reward points fraud. Acting on a…
Tax revenue influx relieves cash-strapped Kerala government
By: AdminMay 17, 2024Categories: Income Tax|Income Tax News4 Min Read The influx of tax revenue has offered a temporary relief for the cash-strapped state government, as revenue collection deposits have…
Automatic transmission cars owned by persons with disabilities entitled to tax exemption: Madras High Court
By: AdminMay 17, 2024Categories: Income Tax|Income Tax News4 Min Read The Madras High Court has set aside an order passed by T.N. Transport Commissioner on February 16 this year refusing…
Gifting shares? Bombay HC ruling clarifies capital gains tax treatment
By: AdminMay 17, 2024Categories: Income Tax|Income Tax News4 Min Read In a potentially significant decision for wealth transfer strategies, the Bombay High Court has ruled that gifting shares may not…
ITR filing: I-T dept introduces 3 utilities for filing ITR form 3 for AY 2024-25; Check details
By: AdminMay 11, 2024Categories: Income Tax|Income Tax News4 Min Read Income Tax filing 2024: The Income Tax Department has released offline, online, and Excel utilities for ITR-3 for taxpayers for…
Income Tax Refund Status Check: Here’s How To Know Your Status Online In 5 Steps
By: AdminMay 11, 2024Categories: Income Tax|Income Tax News4 Min Read ITR Refund Status Check Online: The deadline for submitting an Income Tax Return (ITR) penalty-free for the fiscal year 2023-24…