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SECTION 245C
12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...- Where’s the Indian mutual fund sector going ahead? 6 big trends to watch out forMutual fund trends highlight a structural shift in investor preference towards mid and small caps, sectoral themes, and multi-asset funds, ...
- Income Tax Refund delay explained: Why are lakhs of taxpayers still waiting for refunds and what does law allow?Income Tax Refund: The Income Tax (I-T) Department can process returns and issue refunds up to December 31, 2026. This means the I-T Depart...
- Income Tax refund delay: Why refunds for FY 2024-25 ITR filings are taking longer and what you can doIncome Tax Refunds Delay News: Taxpayers filing for FY 2024-25 are experiencing delayed refunds, though the Income Tax Department remains w...
- Your wrong tax refund claim can raise a red flag leading to tax notices and even jail in case of under-reporting of income; here’s how to avoid itEmployees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax Department is now harn...
- Income Tax Department finds Rs 5 crore cash in his house; Know how a 2008 circular saved him from prosecutionThe Supreme Court overturned Krishnaswami's tax evasion prosecution, citing the Income Tax Department's violation of its own circulars. The...
- Byju's auditor BDO resigns a year after Deloitte’s exit: a timeline of eventsTroubled edtech company Byju's said in a statement that its auditing firm, MSKA Associates, an affiliate of BDO International, resigned bec...
- Finish your tax saving investments well before March 31 this year: Here's whyLast date to finish tax-saving investments: If you are planning to wait till last minute to finish your tax-saving investments and expendit...
- 1.14 lakh posts vacant in organisations under MHA: GovtAs many as 1,14,245 posts are lying vacant in central police organisations such as the CRPF, the BSF and the Delhi Police, Union Minister A...
- Reliance Capital plans to file Rs 10,000 crore defamation suit against PwCSome shareholders of Reliance Group are mulling action against the auditor for eroding their investments.
- ABG shipyard creditors reject liberty house bid yet againThe sole proposal in the second round of bidding was rejected by the committee of creditors, citing provisions of section 29 (a) of the IBC.
- Scared of tax penalties and imprisonment on black money? This may help you get immunityHowever, the final decision on whether to grant immunity or not rests with the concerned tax authority where you have appealed for the same.
- Luxe on track: Mercedes-Benz launches S-Class Cabriolet at Rs 2.25 crThe C-Class Cabriolet will be available at Rs 60 lakh.
- NCLT clears deck for investors to file class action suitsThe move would enable a group of 100 or more investors or depositors to come together for filing such suits under the Companies Act.
- To tax or not to tax! Extra-territorial applicability of Indian withholding tax provisionsIndia has been looked at as one of the fastest growing economies in the world and has emerged as a key destination for foreign investors.
- Provisions relating to Finance Bill, 2011The provisions of the Finance Bill, 2011 relating to direct taxes seek to amend the Income-tax Act, 1961.
- 'Full disclosure of income must for case settlement'In a significant judgement, the Supreme Court has said that the full and true disclosure of undisclosed income and their manner of acquisit...
- SC commences hearing on Jayalalithaa's IT caseThe Supreme Court asked the former Tamil Nadu CM J Jayalalithaa to satisfy it about her source of income, in a case relating to her disclos...
- SC notice to IT Dept on Jayalalithaa's appealThe Supreme Court on Friday issued a notice to the Income Tax Department on former TN chief minister J Jayalalithaa's plea challenging a Ma...
- What is a minimum wage?The minimum wages payable to an employee differs from region to region and industry to industry.
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