News

The Directorate of Investigations of the income tax department in Surat discovered unreported transactions totalling Rs.700 crores, during inspections of the offices of two real estate companies.

IT dept searches in Surat find Unaccounted Business Transactions worth Rs.700 Crore by 2 Real Estate Companies

The Income Tax Portal has been revamped and updated recently. The portal has new features in the AIS Module and TIN 2.0 in addition to visual and usability adjustments.

4 New Functionalities added to AIS Module on IT Portal; Know Details

The Indian fintech industry has been rocked by the raid by income tax investigators on the headquarters of PB Fintech's flagship platform, Paisabazaar, for an extensive investigation.

IT Probe: Paisabazaar under Scrutiny for vendor-related matters

Judgement

The Delhi High Court has held that the Fee received by GoDaddy for Registration of Domain Names cannot be treated as Royalty.

Fee received by GoDaddy for Registration of Domain Names cannot be treated as Royalty: HC [Read Order]

The Income Tax Department's facility for the taxpayer to get data pre-filled in their income tax return filing process is corporating in making tax compliance easier.

Prefilled ITR Expanded to include Brought Forward Losses and MAT Credit

IT Department has achieved a milestone in the Income Tax Return (ITR) Processing with over 1.66 crore ITRs (for A.Y. 2023-24) processed in a single day.

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IT dept searches in Surat find Unaccounted Business Transactions worth Rs.700 Crore by 2 Real Estate Companies

4 New Functionalities added to AIS Module on IT Portal; Know Details

IT Probe: Paisabazaar under Scrutiny for vendor-related matters

Fee received by GoDaddy for Registration of Domain Names cannot be treated as Royalty: HC [Read Order]

Prefilled ITR Expanded to include Brought Forward Losses and MAT Credit

Income Tax Department achieves Milestones by Processing over 1.66 crore ITRs in a single day