The Central Board of Direct Taxes will intensify efforts to combat tax evasion. They plan to use data analytics and ...

The Income Tax Department has been actively providing information to taxpayers about their financial transactions, in order to encourage voluntary compliance.

Start by choosing the right form. For instance selecting ITR-1 when ITR-2 was the relevant form, will be seen as trying to conceal income that you ought to have disclosed in ITR-2.

In this blog post, I’ll break down what these schedules are, provide real-world examples, and explain how to report them on ...

As the deadline to file Income Tax Returns (ITR) for Assessment Year 2025-26 (FY 2024-25) approaches, many taxpayers are ...

Big rigged; fearsome foursome; NYPD blue; and other highlights of recent tax cases.

Taxpayers are worried about the delay in getting tax refund in 2025. Expert said - Refunds are getting stuck due to delay in ...

NXG offers a 13.8% yield but faces risks like leverage and high valuation. Learn about NXG CEF strategy and why waiting might ...

To encourage voluntary compliance, the department has been proactively sharing financial transaction data with taxpayers.

Workers are set to take control of their tax affairs after the UK Government announced a new online Pay As You Earn (PAYE) ...

The not-so-great outdoors; spear itself; pain and gain; and other highlights of recent tax cases.

A sharp rise in scrutiny, delayed utilities, and mismatches with AIS/Form 26AS are causing refund delays for millions of ...