It will not be easy for anyone to evade tax now. In case of tax evasion, the Income Tax Department will now also keep an eye ...

The Income Tax Department has recently introduced an enhanced version of the Excel-based utility for Filing ITR-2, designed ...

Income Tax Joint Director Yogendra Mishra disrupted a cricket match by lying on the pitch in protest after being denied ...

The case was booked following allegations that the public servants duped Income Tax assesses and obtained undue advantage ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...

IT officers who misued information about those who claimed high IT refunds, were to issue notices to them, but contacted them ...

For more information, consult with your state Department of Revenue. Texas is among the states that do not charge a state income tax. It has one of the highest property taxes in the U.S., however ...

Non-Adjudication on Section 87A Rebate for STCG: The court refrained from making a conclusive ruling on whether the rebate under Section 87A applies to Short-Term Capital Gains (STCG). However, It ...

The IRS has processed 69.6 million federal income tax returns through March 14. Yet, that's down 1.4% from a year ago.

Non-residents to get full income tax exemption on profits from OTC derivative contracts traded in IFSC due to this rule ...