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IT Dept reveals Names of Tax Defaulters

The Income Tax Department on yesterday released a list of the tax defaulters owing to Rs. 490 crores taxes to the Exchequer. The list includes the...

Income Tax Offices to remain Open on Thursday, Friday and Saturday [Read Order]

IT Dept unearths TDS Scam involving 3200 Crores: Mumbai based Companies and Individuals under...

IT Dept to verify genuineness of Tax Treaty Gains: Show Cause Notice issued to Investors

Sale consideration of Property seized by IT Department can’t be treated as Amount Invested as per S....

IT department started Accepting Returns without linking PAN-Aadhaar

The Income Tax department started accepting returns without linking PAN with Aadhaar Number upto 5 lakhs. This is due to people are facing problems with linking aadhaar with PAN because of mismatch...

CBDT to provide PAN related Information to National Intelligence Grid [Read Notification]

The Central Government today issued a notification empowering the department to provide Permanent Account Number (PAN) related information to National Intelligence Grid. The present notification by...

Cross-Examination of Witness must be Allowed to assessee when the Assessment is Solely based on his Statement: ITAT Bangalore

The ITAT Bangalore, in Amit Mehta (HUF) v. ITO, directed the IT Department to allow Cross-Examination of witness in cases where the assessment was passed solely on the basis of the statement/evidence....