Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...
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Tax evasion rampant as only 23% of transactions being traced, says Chief Commissioner of IT
At present, the Department of Income Tax could capture only 23% of the entire transactions taking place in the country, and in the near future, they believe, measures would be taken to expand its ...
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Legal Digest | Why Income Tax department cannot look into the same matter by invoking another section
The High Court rightly rapped the Income Tax department on its knuckles for not accepting the CIT revisionary order with ...