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10 Apr Approval of outstanding refunds must be completed by April 30, Income Tax Department.
The Income Tax Department has announced a positive development for individuals awaiting their income tax refunds....
Tax Returns Tag
03 Apr Income tax department cracks down on PAN fraud for false HRA claims
The income tax department has unearthed a scam involving the fraudulent use of permanent account numbers (PAN) to claim house rent allowance (HRA) without actual tenancy....
30 Jun Concept of telescoping and peak credit & Telescoping in Income Tax assessments
During the course of assessment of income, the AO may discover cash receipts in the books, or cash deposits in the bank...