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Few things you should know before filing an ITR return

All Indian citizens, with a gross total income of over Rs 2.5 lakh, have to file Income Tax returns (ITR).It can be paid online...

Government extends due date for filling Income Tax till August 31

The government on Tuesday announced the extension of the due date for filing income tax returns by a month till August 31. The Central Board...

5 things to know before applying for PAN Card

Permanent account number (PAN) is a ten digit alphanumeric identification issued by the Income Tax Department in the form of a laminated card to...

No change in income tax returns forms: I-T department

The Central Board of Direct Taxes (CBDT) on Tuesday said that no “large scale changes” have been made in any of the Income Tax...

‘Chai pe charcha’ for top taxpayers: Finance Ministry

In an unusual plan, the Ministry of Finance has decided to reward India's top income tax payers by inviting them to tea with the...

Income tax exemption may exceed from Rs 2.5 lakh to Rs 5 lakh: Sources

Before upcoming Lok Sabha elections, NDA government can bring some good news for all the taxpayers with its interim budget in Budget Session...

IT dept can assess tax filings of Rahul and Sonia Gandhi, but not order:...

The Supreme Court on Tuesday said that the Income Tax Department can continue tax assessment of Congress President Rahul Gandhi and his mother...

Hyderabad: Commercial Tax officer held in bribery case

An assistant commercial tax officer was caught red-handed by the Anti-Corruption Bureau for accepting a bribe of Rs. 25000 at Punjagutta.Adabala Satyanarayana Murthy,...

Patiala chaatwala raided, undisclosed income of Rs. 1.2 crore unearthed

When I-T officials landed to raid a shop of Patiala's famous Chaatwala, to their surprise they discovered an undisclosed income of Rs. 1.2...
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