The Financial Express2d
Income Tax Return 2025: I-T department upgrades ITR-2 filing process, know new changes
The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...
Income Tax Department’s New Rule, PAN Holders Must Update Aadhaar
The Income Tax Department has issued an important notification, requiring PAN card holders who obtained their PAN using an ...
Income tax department to compare your last year ITR with current year’s ITR for any irregularities: How taxpayers will be impacted?
The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...
Income Tax Department issues notices to taxpayers over non deduction of TDS on rent of ₹50,000 or more per month
Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.
Prithviraj Sukumaran served with Income Tax Department notice amid L2 Empuraan controversy
The Enforcement Directorate recently raided L2 Empuraan producer Gokulam Gopalan. The IT Department has now issued a notice to Prithviraj Sukumaran.
Tax Guru20h
Understanding HRA, TDS, and Income tax notices: Analysis
HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA ...
Tax Guru1d
Income Tax Department Alerts Assessees on Non-Deduction of Tax on Rent
Interest on Non-Deduction/Deducted but Not Paid: Interest at 1% per month (or part thereof) on the amount of tax not deducted, and at 1.5% per month (or part thereof) on the amount of tax deducted but ...
Upset over ill health, income tax official dies by suicide in Hyderabad
Jayalakshmi (52), who was working as the Income Tax Inspector in the I-T Department located in the complex, had come to the ...
Prithviraj Sukumaran receives Income Tax notice, seeks clarification on his earnings amid L2: Empuraan controversy
Income Tax department seeks clarification from Prithviraj Sukumaran on his three films released in 2022. The official claimed it to be a follow-up.
Trump tax cut, debt limit plan advances amid tariff turmoil
Senate Republicans took a major step toward enacting President Donald Trump’s tax cut agenda and increasing the U.S. debt ...
Indiatimes5d
Claiming HRA exemption but tax not deducted? Income Tax Department sending notices - penalties explained
Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) obligations on rent payments. Non-compliance leads to penalties and interest.