Tag: Income Tax Department

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Applying for PAN Card? Aadhaar to be mandatory for Permanent Account Number; new rule likely from July 1, 2025

The income tax portal will implement new PAN Card application requirements starting July. Applying for a new PAN Card? From July 1, 2025...

Bombay HC quashes non-bailable warrant against Arjun Rampal in 2019 tax evasion case: Report |

Arjun Rampal secured relief from the Bombay High Court, which overturned a non-bailable warrant issued in a 2019 tax evasion case. The court...

Claiming HRA exemption but tax not deducted? Income Tax Department sending notices – penalties explained

Tax officials are requesting verification of claims submitted in previous Income Tax Returns (ITR). (AI image) Income tax payers claiming House Rent Allowance...

I-T dept slaps Rs 944 crore penalty on IndiGo parent

IndiGo's parent company, InterGlobe Aviation, faces a Rs 944.2 crore penalty imposed by the Income Tax department for the Assessment Year 2021-22. The...

Taxpayers take note! Crack down against 40,000 TDS/TCS defaulters planned by Income Tax department

Officials will target recurring defaulters, examine instances showing significant variations between tax deduction and advance tax payment. (AI image) Taxpayers take note! The...

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