News

CBDT released Revised Guidelines for Compounding of Offences under the Income-tax Act, 1961 (the 'Act') on October 17, 2024.

CBDT issues New Rules for Compounding Offences With Lower Penalties under IT Act

The Tamilnad Mercantile Bank Limited got a Tax Demand Notice under Section 156 of the Income Tax Act, 1961 for Rs.25.97 lakh.

The Income Tax Department searched the corporate offices of Googee Properties and Developers and Anvita Builders early Thursday morning.

The Income Tax Department has released the Rates for Tax Deducted at Source (TDS) for Assessment year 2025-26.

The Income Tax department has issued instructions on verification of high risk refund claims.

The Ministry of Finance has issued clarifications and Frequently Asked Questions (FAQ) regarding the Direct Tax Vivad Se Vishwas Scheme 2024.