Income Tax
Losing your registered mobile number can lock you out of the Income Tax e-filing portal. Here's a step-by-step guide to regain access without OTP …
Income Tax
The Income Tax Department has enhanced the Annual Information Statement (AIS) to display foreign asset details for the past three calendar years, making compliance …
Income Tax
The Income Tax Department appears firm on the July 31 deadline for filing returns. Taxpayers should understand the reasons behind this stance and prepare …
Income Tax
The Karnataka High Court has held that an income tax order is not automatically invalid if the Document Identification Number (DIN) is communicated to …
Income Tax
India's net direct tax collections have grown significantly, reflecting improved compliance and economic recovery. This robust growth has important implications for government spending and …
Income Tax
The government's direct tax kitty has swelled to Rs 6.51 lakh crore by mid-July, marking a healthy 16.4% growth over last year. This surge …
Income Tax
A petition before the Delhi High Court seeks clarity on the tax treatment of judicial allowances under the new income tax regime introduced in …
Income Tax
The government has notified the Income Tax Rules 2026, introducing a new compliance framework effective April 1. Here's what taxpayers need to know about …
Income Tax
Common income tax filing errors can result in penalties ranging from Rs 5,000 late fees to 200% of tax liability. Understanding these mistakes helps …