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 ...

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 ...

IT Department NUDGEs taxpayers on bogus deductions through the data-driven approach

The Income Tax Department's NUDGE campaign prompts taxpayers to correct bogus deductions and update their Income Tax Returns ...
Tax Guru

Telangana HC Set Aside Block Assessment for Lack of Incriminating Material

Court held that a retracted Section 132(4) statement cannot form the sole basis for block assessment when no incriminating material was found during search. The block assessment orders were struck ...
Tax Guru

Bombay HC Condones 1,257-Day Delay in Form 10B Due to Bona Fide Professional Lapse

High Court condones 1,257-day delay in filing Form 10B for AY 2016-17, recognizing that the petitioner filed returns manually on time and delay was due to bona fide professional ...