Tag: Income Tax Department

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‘I-T dept ensures strict confidentiality of data’

CBDT chairman Ravi Agrawal The income tax department adheres to strict confidentiality of taxpayer data, says CBDT chairman Ravi Agrawal and asserts that...

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...

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