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FRAUDULENT TAX REFUND RACKET
Chhattisgarh Rs 17 crore snakebite scam: How doctors, lawyers, clerks and bank employees faked deaths in BilaspurChhattisgarh Snakebite Scam: Police in Bilaspur, Chhattisgarh, have arrested seventeen individuals in a large compensation fraud. This synd...
ITR filing: Got Section 143(1) intimation after filing your income tax return? Here’s what it meansAfter filing your Income Tax Return, you may receive a Section 143(1) intimation notice. This notice confirms the tax department's prelimin...
ITR filing 2026: Step-by-step guide to filing ITR-1 for AY 2026-27 before the July 31 deadlineStudents, salaried individuals, and pensioners can file ITR-1 for AY 2026-2027. The deadline for filing this income tax return is July 31, ...
Government warns against fake emails asking users to download e-PAN cardsThe Government's Press Information Bureau Fact Check unit issued a warning on Saturday. Fraudulent emails are circulating, asking recipient...
How a Meerut slum woman masterminded a Rs 357 crore income tax return fraud from a 25-sq-yard homeThe Income Tax Department has uncovered a large tax refund fraud racket. A 30-year-old woman allegedly created fake deductions worth crores...
Is RBI asking people to pay Rs 7,500 in tax to get Rs 1 lakh payment? Here’s the truthA fake Reserve Bank of India letter is misleading people about pending payments. It falsely claims a Rs 1 lakh payment is on hold due to tr...
ITAT rules Cloudera Inc's software subscription revenue not taxable as royaltyThe ITAT has ruled that Cloudera's software subscription fees from Indian customers are not taxable in India as royalty or technical servic...
Did you claim a minimum Rs 10,000 income tax refund for your car bought in FY26? Here's how to claim your 1% TCS nowAccording to the income tax rules, car dealers are required to deduct 1% TCS if the ex-showroom value of the car exceeds Rs 10 lakh. Howeve...
ITR 2026: Common income tax return filing mistakes that cost employees lakhsA careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensur...
Amazon delivered wrong shoes and denied refund: Kerala customer wins nearly Rs 10000 payoutA Kerala consumer commission has ordered Amazon to refund Rs 1,945.30 and pay Rs 8,000 as compensation to a Kannur engineer who ordered bla...
Net direct tax mop-up jumps 16% to Rs 6.5 lakh croreIndia's net direct tax collections increased by 16.4 percent to ₹6.51 lakh crore. Corporate tax collections saw a significant 22 percent ri...
India's net direct tax collections rise 16.4% to Rs 6.51 lakh crore as of July 13Net direct tax collections have increased sixteen point four percent year-on-year. Gross direct tax collections also saw a sixteen point on...
UP RERA to facilitate GST refund for homebuyers, warns builders against excess levyUP RERA has issued new guidelines for homebuyers seeking GST refunds. Eligible homebuyers can now claim excess GST collected through the GS...
Will filing your ITR early get you a faster income tax refund? Here's what really determines the processing timeFiling income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matchi...
What happens if you miss July 31, 2026, ITR filing deadline? Why you should not miss this due dateThe belated Income Tax Return filing deadline for AY 2026-27 is December 31, 2026. Missing this date can result in losing tax refunds and i...
UP RERA directs real estate developers to charge prescribed GST ratesUP RERA mandates developers adhere to official Goods and Services Tax rates. Homebuyers can claim refunds for any excess GST collected by p...
7-day tax refunds are real; here's the checklist that gets you one
ED charge sheets Punjab minister Sanjeev Arora in ₹102 cr money laundering caseThe Enforcement Directorate has filed a chargesheet against Punjab Minister Sanjeev Arora. This action stems from an alleged over ₹102 cror...
Are you eligible for the COVID tax refund? The July 10 deadline could cost you an IRS refund foreverAre you eligible for the COVID tax refund? That's the question many Americans are asking as the July 10 deadline approaches. It's not a new...
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...