Bengaluru: Coming to the rescue of a 73-year-old retired central excise officer acquitted of corruption charges, the high ...

The new tax regime has a default tax system, so there is no provision for exemptions and deductions, which were available ...

Recently, the Delhi High Court held that Central Board of Direct Taxes (CBDT) cannot impose limitations to extinguish rights ...

For tax purposes, business trusts such as REITs, InvITs, and certain AIFs get pass-through status and are not taxed on the ...

The Income Tax Department has launched a crackdown on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...

The Central Board of Direct Taxes (CBDT) has developed a 16-point plan to identify and monitor cases of TDS non-compliance.

The government has launched the PAN 2.0 project to improve and consolidate all PAN (Permanent Account Number) related ...

The focus will be on habitual violators, cases showing significant gaps between tax deductions and advance tax payments, ...

Around 40,000 taxpayers are under scrutiny for potential defaults in tax deductions for the financial years 2022-23 and 2023-24.

The changes are effective from Monday and hence, going forward, any compliance required, especially for financial year ...

The Central Board of Direct Taxes has implemented new rules requiring business trusts to file income distribution statements ...