News

In the interim budget, the government is expected to announce an exemption from TCS on overseas credit and debit card spending up to Rs.7 lakh per FY.

Income Tax TCS Exemption on Rs. 7 lakh International Card spend likely in Interim Budget

ITAT ruled out that an assessment order issued in name of a deceased taxpayer does not exist and dismissed order made to the deceased individual's taxable income.

Heir will not receive tax notice: ITAT quashes order on deceased taxpayer

The Income Tax Department is now investigating the Indian subsidiaries of technological behemoths Apple, Google, and Amazon for alleged tax evasion.

Income Tax Turns Lens on Google, Amazon and Apple for Rs. 5000 Crore Demand over dispute

The Income Tax department conducted raids at Dr Pramod Sharma's apartment and hospital premises, which are owned by Pratiksha Hospital.

IT dept raid on Pratiksha Hospital owner's residence on charges of Tax evasion

In an effort to improve the effectiveness of IT Department's faceless tax assessment facility, the industry approached CBDT, demanding the execution of crucial changes to reduce turmoil and legal complications.

Faceless Tax Assessment need Refinement

In the aftermath of tax evasion, an IT search was carried out in the early hours of Thursday on the homes of dry fruit shop owners.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Income Tax TCS Exemption on Rs. 7 lakh International Card spend likely in Interim Budget

Heir will not receive tax notice: ITAT quashes order on deceased taxpayer

Income Tax Turns Lens on Google, Amazon and Apple for Rs. 5000 Crore Demand over dispute

IT dept raid on Pratiksha Hospital owner's residence on charges of Tax evasion

Faceless Tax Assessment need Refinement

Dry Fruit Outlets raided by IT Officials in Bengaluru