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IT dept can check WhatsApp, email only during...: Sources

 The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to......

I-T dept notifies ITR forms 1, 4 for AY 2025-26

 The income tax department has notified ITR forms 1 and 4 for assessment year (AY) 2025-26 that are to be filed by individuals and entities with total income of up to Rs 50 lakh a year.......

ITR-B Targets Undisclosed IncomeReporting

 Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income. Photograph: Jitender Gupta/ANI Photo   The finance......

CBDT Uncovers Rs 290 Bn Foreign Assets

 In September last year, India received financial information from over 108 countries regarding foreign accounts and income in the form of interest and dividend earned outside India. Kindly note......

CBDT notifies ITR forms for Assessment Year 2024-25

 The Income Tax department on Friday said it has notified I-T return forms 2, 3 and 5 for filing tax returns for assessment year 2024-25. Illustration: Dominic Xavier/Rediff.com The ITR-1, which......

No Of Nil Tax Returns Nearly Doubles In 5 Years

 ITRs with zero tax liability have increased to 55.7 million in FY25. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Nataliya......

Heeramandi Review: Romance, Revenge, Rebellion

 Heeramandi, a passion project that took off after years in development and planning, mirrors Sanjay Leela Bhansali's film-making's finest and frustrating features, observes Sukanya Verma. It's......

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