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The term "advance tax" refers to income tax that must be paid in advance throughout the year, in installments, on the scheduled due dates set by the income tax department.

Tax Deadline: Advance Tax Payment Deadline extended to 16th December?

ITAT Mumbai decided that a Rs 3 crore gift from a Hong Kong-based hedge fund operator to his mother in Mumbai is legitimate and tax-free.

ITAT Mumbai ruled NRI’s Rs.3 Crore gift to Mom 'genuine', not 'taxable'

The Indian Overseas Bank announced that it has received an order confirming a refund of Rs.1,359.29 crore for the AY 2015-16 including interest.

Indian Overseas Bank received Income Tax Refund worth Rs.1,359 Crore

The Income Tax Review Committee, which is tasked with revamping the decades-old rules of the country, will not propose changes to tax rates.

Changes in Rate not a part of Review of Income Tax Act: Govt Official

DOMS Industries Limited has received a Notice of Demand and Rectification order from the Assistant Commissioner of Income Tax, Vapi Circle, for the AY 2020-21.

DOMS Industries gets Rs.6.07 Crore Tax Demand from Income Tax Department

The upcoming budget is expected to bring relief to the low-income category, with tax cuts projected in the Rs.3 lakh - Rs.7 lakh tax slab under the new regime, according to sources.

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Tax Deadline: Advance Tax Payment Deadline extended to 16th December?

ITAT Mumbai ruled NRI’s Rs.3 Crore gift to Mom 'genuine', not 'taxable'

Indian Overseas Bank received Income Tax Refund worth Rs.1,359 Crore

Changes in Rate not a part of Review of Income Tax Act: Govt Official

DOMS Industries gets Rs.6.07 Crore Tax Demand from Income Tax Department

Will Budget 2025 provide Income Tax Relief? Finance Minister may announce a Tax Cut for this Tax Slab