Income Tax Act 1961
Biryani Bills to Big Data: How AI Helped Income Tax Detect ₹408 Crore Hidden Restaurant Turnover
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BLACK MONEY ACT
The Income Tax Department has intensified its focus on fake or bogus donation deduction claims made in Income Tax Returns (ITRs). Recently, the Central Board of Direct Taxes (CBDT) highlighted that many ITRs were...
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CBDT
1. Tax on Gift of a Car to a Non-Relative — Clarified In India, gifts often symbolize goodwill and affection. Yet, the Income-tax Act, 1961 draws a fine line between...
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CBDC
Madras High Court on Pension Account Attachment for Income Tax Dues 🔎 Overview: Pension Funds Declared Immune from Tax Recovery Attachments In a landmark and socially impactful decision, the Madras...
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Income Tax Act 1961
Tax Lessons from Rana Ayyub's Covid-19 Donation Case: What You Need to Know
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Income Tax
The Income Tax (IT) Department has issued an important warning to taxpayers about an increase in scams related to income tax refunds. Fraudsters are using emails, messages, and fake calls...
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Bogus Transactions
Notice Under Section 148A(b): Gauhati High Court Upholds Validity in Case of Bogus Transactions The Gauhati High Court recently addressed the validity of notices issued under Section 148A(b) of the...
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Annual Information Statement (AIS)
Unaccounted Money as Unsecured Loan: Mumbai ITAT Upholds Tax Addition Under Section 68
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CBDT
CBDT Issues Corrigendum to Vivad Se Vishwas Rules, Amends Schedules of Form 1
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Court Judgement
Problems Faced by Married Women Without a Marriage Certificate -Let's explore why it is crucial
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