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A surge of income tax notices is expected during the next month, with fears that many would fall under the tax net.

Income Tax Department is Preparing to Release a Flood of Tax Notices this Month

A tax audit is an inspection or review of the accounts of any business or profession conducted by taxpayers from an income tax perspective.

Tax Audit: Who needs to get his Accounts Audited?

Salaried taxpayers who picked the old regime at the start of the FY 2024-25 and want to switch to the new tax regime now are stuck.

Budget 2024 made New Tax Regime Beneficial; Employees want to switch now, But can they?

The total number of ITRs for AY 2024-25 filed till 31st July 2024 is more than 7.28 crore, which is 7.5% more than the total ITRs for AY 2023-24 filed till 31st July 2023.

72% of taxpayers opted for the New Tax Regime, with 5.27 crore ITRs filed: CBDT

Tata Steel may be required to pay Rs.17,300 crore to Odisha as mineral tax if the Supreme Court decision allows states to impose mineral taxes.

Tata Steel to pay State a Mineral Tax of Rs.17,300 Crore

Minister of State of Finance replied to a question raised in Lok Sabha that the Government earned a Tax of Rs.98,681.34 from Long Term Capital Gain.

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Income Tax Department is Preparing to Release a Flood of Tax Notices this Month

Tax Audit: Who needs to get his Accounts Audited?

Budget 2024 made New Tax Regime Beneficial; Employees want to switch now, But can they?

72% of taxpayers opted for the New Tax Regime, with 5.27 crore ITRs filed: CBDT

Tata Steel to pay State a Mineral Tax of Rs.17,300 Crore

Government earned Tax of Rs.98,681.34 crore from Long Term Capital Gain