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Fire Breaks out in Delhi Income Tax Office, GST Audit records damaged

Income Tax Department releases FAQs on transition from Income Tax Act 1961 to the proposed 2025 framework, clarifying key changes, compliance requirements, and taxpayer impact.

Income Tax Department releases FAQs on Transition from IT Act 1961 to 2025

Income Tax Department imposes Rs. 5.50 crore penalty on IDBI Bank

Income Tax Department imposes Penalty of Rs. 5.50 Cr on IDBI Bank

Judgement

The ITAT sent back Shilpa Shetty Kundra’s gift case to the AO for fresh verification due to lack of clear evidence supporting the transaction.

ITAT Sends Back Rs 12.54 Crore Gift Case of Shilpa Shetty Kundra to Assessing Officer

Even though the said demand is too heavy, SBI has assured that the demand order does not have any impact on the operations or other activities.

SBI Faces Rs 6,337 Crore Income Tax Demand for AY 2023-24

High Court upholds ITAT order deleting bogus purchase addition, finds no substantial question of law.

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Fire Breaks out in Delhi Income Tax Office, GST Audit records damaged

Income Tax Department releases FAQs on Transition from IT Act 1961 to 2025

Income Tax Department imposes Penalty of Rs. 5.50 Cr on IDBI Bank

ITAT Sends Back Rs 12.54 Crore Gift Case of Shilpa Shetty Kundra to Assessing Officer

SBI Faces Rs 6,337 Crore Income Tax Demand for AY 2023-24

HC Upholds Deletion of Rs. 5.04 Cr Bogus Purchase Addition Lacking Evidence