News

The State Finance Minister in a written reply to a question raised in the Rajya Sabha said, "Rs. 2,125 crore collected as Penalty due to Non-linking of PAN and Aadhaar."

Rs. 2,125 crore collected as Penalty due to Non-linking of PAN and Aadhaar

Judgement

The Kerala High Court has set aside the Assessment Order because 24 hours of time granted to file a response to Income Tax SCN is not reasonable.

24 hrs time granted to file response to Income Tax SCN not reasonable: HC sets aside Assessment Order

Indigo received a stay order from the ITAT on December 8 in relation to a tax demand of Rs. 1,666 crore.

Indigo gets Interim stay on Income Tax demand of Rs. 1,666 crore

The Income Tax Department conducted raids on various locations in Jharkhand and Odisha.

Income Tax raids on various locations in Jharkhand and Odisha

The Income Tax Department has introduced a user-friendly income tax calculator for taxpayers for the Financial Year 2023-24 (Assessment Year 2024-25).

IT Department launches User Friendly Income Tax Calculator for AY 2024-25

The ITAT ordered that an income tax penalty proceeding u/s 271E cannot be initiated while completing assessment proceedings.

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Rs. 2,125 crore collected as Penalty due to Non-linking of PAN and Aadhaar

24 hrs time granted to file response to Income Tax SCN not reasonable: HC sets aside Assessment Order

Indigo gets Interim stay on Income Tax demand of Rs. 1,666 crore

Income Tax raids on various locations in Jharkhand and Odisha

IT Department launches User Friendly Income Tax Calculator for AY 2024-25

Income Tax Penalty proceeding u/s 271E cannot be initiated while completing assessment proceedings