India is set to introduce a new Income Tax Act in 2025, replacing the old law from 1961. This change aims to simplify tax ...

The Income Tax Appellate Tribunal (ITAT) Mumbai ruled in favour of a taxpayer whose Rs 5.6 lakh in foreign currency was ...

Filing an Income Tax Return (ITR) is a routine responsibility for millions of taxpayers in India. However, many people become ...

Income Tax Department doesn`t monitor emails, social media, online shopping, or personal apps. Learn what ITD actually tracks ...

Delhi High Court raps Income Tax Dept over 8-year delay, in tax refund and thus orders Rs 5.37 crore tax refund with interest to Microsoft India; warns Rs 1 lakh personal cost on on Deputy ...

If the time of refund is greatly delayed, along with no update on the online status, contact the Centralised Processing ...

Complaints over refunds stuck at the "processing" stage have been trending across social media platforms and grievance ...

The exit resulted in significant capital gains, with the aggregate consideration received exceeding Rs 14,500 crore.

Supreme Court dismisses income tax department’s appeals against Nestlé India over disallowance of general licensing fees for ...

The Supreme Court held Tiger Global's Mauritius entities liable for capital gains tax on their 2018 Flipkart exit, ruling the ...

A day after Supreme Court's ruling that the capital gains arising from Tiger Global's $1.6 billion stake sale in Flipkart to ...

In a significant ruling with implications for multinational subsidiaries operating in India, the Income Tax Appellate ...