The income tax (I-T) department has told banks, foreign exchange dealers, and other reporting entities that they have a ‘couple of days...
The SFT is an important tool for the Income-tax Department to track high-value transactions and to identify potential tax evasion. AStatement of...
Income Tax Notice: The new fiscal year, 2023–24, has been underway for more than a month, and tax season has officially started. The...
How much money can you put into a savings account and also withdraw from it in a financial year to stay outside...
The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies. New Delhi: The government could consider...
MyGov, the government’s citizen engagement platform, tweeted on 14 August that it will bring specific transactions under its scanner. But the post...
Income Tax Return: टैक्सपेयर्स को अपने इनकम टैक्स रिटर्न (ITR) में हाई वैल्यू ट्रांजैक्शन का ब्यौरा नहीं देना होगा और सरकार ITR फार्म...
Taxpayers will not have to mention their high-value transactions in their income tax return (ITR) and the government is not considering any...
The Income Tax Department is starting an e-campaign on the voluntary compliance of Income Tax for the convenience of taxpayers from Monday,...
The new and comprehensive Form 26AS, which provides taxpayers with certain details used in filing returns, is a form of faceless handhold...