Income tax refund with wrong claims: Up to 200% penalty, criminal action for wrong tax refund claim; check exactly what will happen

The Income Tax Department has exposed a nationwide network of agents facilitating fraudulent tax deductions and exemptions, leading to illegitimate refunds. Sophisticated data analytics and ...
Tax Guru

Have you received an SMS or Email from Income Tax Department on Foreign Assets? Read This Carefully

The Department is flagging possible non-disclosure of foreign assets for AY 2025-26 using global data. The key takeaway is ...

Income Tax Department Issues Alert Over Rising Fake Emails And SMS; Here's How To Stay Safe

This initiative is part of a larger government effort to promote cyber hygiene and protect vulnerable groups from online ...

Income Tax Department cracks down on taxpayers claiming refunds against donations to fake political parties, charities

The Income Tax Department is taking action against taxpayers who filed returns with fake deductions. Investigations revealed ...

Income Tax Department cautions taxpayers against rise in fake emails, SMS scams

The Income Tax Department has issued a fresh public advisory cautioning taxpayers--especially senior citizens--against a ...
Mathrubhumi English

Income Tax Department sends ‘nudge’ alerts: Could your ITR–AIS mismatch cost you big?

The Income Tax Department has intensified its data-driven ‘NUDGE’ campaign, alerting taxpayers about mismatches between ITRs ...
India Today on MSN

Will new income tax rules impose an 84% penalty on cash kept at home?

Recent changes to India's Income Tax regulations introduce strict penalties for unexplained cash and large cash transactions, ...
Newsable Asianet News on MSN

Income Tax Dept Warns Seniors: Fake Emails, SMS Steal PAN, OTPs – Verify Now!

Income Tax Dept alerts taxpayers, especially seniors, against fraud emails/SMS/websites mimicking officials to grab PAN, ...