Patna High Court held that notice must be supported by reasons. Accordingly, since notice issued under section 148 of the Income Tax Act is not supported by reasons the same is liable to be quashed.

Ltd., has ruled that cash deposits made during the demonetization period, which are duly recorded in the assessee’s books of account, cannot be treated as unexplained money under Section 69A of the ...

The federal agency said a prima facie case of money laundering was made out against the Gandhis and others. Special judge Vishal Gogne asked ED if the Congress was made a party to ...

Enforcement Directorate on Wednesday told a special court here that Congress veteran Sonia Gandhi and her son Rahul received ...

NEW DELHI: The Income Tax Department has officially notified the updated return form, called ITR-U, allowing taxpayers with an extended window of four years to rectify or update their income tax ...

deductions and taxes paid to the Income Tax Department of India. Whether you're a salaried employee, a business owner, or a freelancer, timely ITR filing is crucial. Individuals or entities whose ...

Delhi Police has arrested an Income Tax Department employee, alleged prime conspirator in a extortion-cum-dacoity case, an official said on Sunday. Accused Deepak Kashyap had been on the run for ...

The circular instructs sub-registrars to withhold registration documents until SSFT details are collected, with accountability measures for any procedural oversights. "We have already been ...

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed ...

However, the government is yet to update utilities to help taxpayers file ITR online on the income tax department’s e-filing portal. And even if the tax department updates utilities now ...