Income Tax Act 1961
- India
Income Tax Department conducts surveys in Bengaluru
Income Tax Department carried out a survey operation on 08.07.2021 on two business premises in Bengaluru on one of India’s…
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Income Tax Department conducts searches in Chandigarh
The Income Tax Department carried out search and seizure operations on 13.12.2020 in the case of a Chandigarh based listed…
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Income Tax relief for Real-estate Developers and Home Buyers
As part of the AatmaNirbhar Bharat Package 3.0 as announced by Hon’ble Finance Minister on 12th November, 2020, certain income…
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Income Tax Department conducts searches in Kerala
The Income Tax Department has carried out search and seizure operations on 05.11.2020 in the case of a well-known self-styled…
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Income-tax Exemption for payment of deemed LTC fare for non-Central Government employees
In view of the COVID-19 pandemic and resultant nationwide lockdown as well as disruption of transport and hospitality sector, as…
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Tax tribunal makes innovative and aggressive use of IT techniques to dispense faster justice in the field of Direct Taxes despite corona
The Income Tax Appellate Tribunal, a statutory quasi-judicial institution created under the Income Tax Act, 1961 and the second appellate…
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Income Tax Department carries out searches in Jammu & Kashmir
The Income Tax Department carried out a search and seizure operation on a prominent Hotelier, owning a chain of Hotels…
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Measures to promote growth, investment and create new employment opportunities through amendments in the Income Tax Act 1961
In September 2019, the Government announced several measures to promote growth, investment and create new employment opportunities through the amendments…
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CBDT provides ITR Filing Compliance Check Functionality for Scheduled Commercial Banks
Central Board of Direct Taxes in exercise of powers conferred under section 138(1)(a) of Income Tax Act, 1961, has issued…
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