Income tax department notifies ITR-U: Extended window for filing updated return, penalties- all you need to know – Times of India

NEW DELHI: The Income Tax Department has officially notified the updated return formcalled ITR-Uallowing taxpayers with an extended window of four years to rectify or update their income tax returns.…

I-T dept slaps Rs 944 crore penalty on IndiGo parent – The Times of India

IndiGo’s parent company, InterGlobe Aviation, faces a Rs 944.2 crore penalty imposed by the Income Tax department for the Assessment Year 2021-22. The company described the order as erroneous and…

Juice Seller Gets Rs 7.79 Crore Income Tax Notice, Family In Shock – News18

Last Updated:March 26, 2025, 18:54 is Mohammad Raees, a juice seller from Aligarh, got an income tax notice for a Rs 7.79 crore turnover. It has been suspected that his…

Social media and virtual assets will be able to access it Dept., know what is the new rule? , Paisa Live

Income Tax Department can now also take access to your social media account, personal emails, bank accounts. Actually, if you come under the scope of suspicion of theft of Income…

Taxpayers take note! Crack down against 40,000 TDS/TCS defaulters planned by Income Tax department – The Times of India

Officials will target recurring defaulters, examine instances showing significant variations between tax deduction and advance tax payment. (AI image) Taxpayers take note! The Income Tax Department plans to initiate a…

What will happen if a person refuses to pay tax to the government? Only fine or go to jail

Income Tax: It is the responsibility of every Indian to pay taxes to the government. This not only increases the country’s revenue, but taxpayers also get many benefits. Non-payment of…

IT department has full confidence in your ITR, only one percent is checked.

ITR Scruitny: The Income Tax Department has full faith in you. Whatever you file under ITR, it is accepted as true. Doesn’t it sound a bit strange? But this is…

Know why it is important to file ITR

ITR Filing Update: The last date to file belated income tax return (ITR) is gradually approaching. Now less than a week is left for this. Earlier, the government had extended…

Before hearing in Bombay High Court, Tax Department gave relief to taxpayers, updated ITR form

Income Tax Rebate: There is relief news for those taxpayers who could not get tax rebate under section 87A while filing income tax return for the financial year 2023-24 and…

Comedian On Gen Z’s Rs 6 Crore Wedding Budget: ‘Will Retire And Move To Mountains’ – News18

Last Updated:January 06, 2025, 10:00 IST A recent video shows Gen Z casually claiming that they’ll spend at least Rs 2 to 6 crore in their wedding. Comedian believes that…