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In the significant changes, the IT department started sending out the intimation notices during the processing of ITR under “Risk Management System”.

CBI held the Principal Commissioner of the Income Tax (Patna and Dhanbad) Department and four others for allegedly accepting Rs.10 lakh in bribes.

If you've recently submitted income tax return, there is a chance that you could receive a defective ITR notice.

The remaining no. adds up to 1,87,47,804 ITRs, which forms 26.29% of the total verified ITRs, that are yet to be processed.

If you recently filed your income tax return, there's a good possibility you'll receive a defective return notice.

As reports indicate GCC or Gulf Cooperation Council countries may also begin levying income tax, with Oman likely to lead the way.