The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...

The Income Tax Department has exposed a nationwide network of agents facilitating fraudulent tax deductions and exemptions, ...

A revised return can be filed before assessment or notice, while an updated return may be filed thereafter. “Once proceedings ...

ITR refund delays in 2025 are affecting thousands of taxpayers due to verification backlogs, mismatched details, and pending ...

After a massive nationwide operation, Central Board of Direct Taxes acted against several intermediaries involved in filing ...

One of the great advantages touted for levying income tax is that it is a ‘progressive’ tax – the rate of income tax increasing as income levels increase.  However, peculiar conditions of income tax ...

First discussed ahead of Budget 2025, the joint taxation proposal suggests allowing spouses to file a combined return with a higher family-level basic exemption of around Rs 6–8 lakh. For ...

The Income Tax Department has intensified its data-driven ‘NUDGE’ campaign, alerting taxpayers about mismatches between ITRs ...

The Income Tax Department has intensified its focus on fraudulent refund claims linked to bogus donations and has launched ...

Several taxpayers claimed refunds by showing fake donations to political parties and charitable institutions, often with the ...

A tax return is referred to as a ‘belated return’ when it is filed after the end of the original due date mentioned under ...

The Income Tax Department warns taxpayers about a new wave of fraudulent tax refund emails aimed at stealing personal and ...