In extraordinary situations, tax residency should ideally reflect genuine economic connections rather than accidental travel ...

The Income Tax Department has launched a nationwide verification drive to check whether restaurants have under-reported sales ...

Dividends automatically reinvested into additional shares often go unreported as employees assume no taxable income will ...

The Income Tax investigation wing has launched a pan-India survey of approximately 70 restaurants suspected of sales ...

Many types of income in India are completely exempt from tax under the Income-tax Act, provided certain conditions are met.

The probe began after the department found that certain hotels and restaurants were allegedly manipulating the software to ...

The IT Department continues to emphasise voluntary compliance and a trust-based approach, it said, emphasising its nudge campaign.

India’s Income-Tax Department found restaurants under-reported sales worth ₹408 crore after surveying 62 outlets across 46 ...

Breaking News Highlights Updates: Income Tax Dept launches nationwide drive on restaurants hiding turnover.

Bengaluru: A casual roadside astrology reading turned into a costly ordeal for an income tax (I-T) officer, who was allegedly ...

The Supreme Court on Monday declined to entertain a petition challenging provisions of the Income Tax Act, 2025, which ...

The Income Tax Department has detected suppression of sales worth around Rs 408 crore by restaurants following a nationwide verification exercise conducted acro ...