Any violation of the above limit attracts heavy penalty. “The penal consequences of violating the mandate above is imposition ...

More than two out of five Minnesotans who received an e-bike tax rebate are tax filers with more than $100,000 in income.

The Income Tax department has issued a notification stating that the Income Tax Act discourages cash transactions and will ...

Income Tax Department (ITD) in India is a government body that handles the collection and management of direct taxes. Income Tax Department falls under the Department of Revenue, which is part of the ...

Department conducted searches at several sites across Tamil Nadu, including a construction firm owned by N Ramalin.

The exam is scheduled to be held in various centres such as Delhi, Lucknow, Hyderabad, Kanpur, Chandigarh, Kolkata, and ...

The Income Tax Department has set up a 24x7 control room to monitor unaccounted cash and valuables during the Delhi Assembly ...

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

The Himachal Pradesh High Court has elucidated the mandatory twin conditions for transfer of an assessee's case under Section ...

Here's a breakdown of when funeral expenses are tax deductible, how to document these expenses for estate deductions and ...

A major petition calling on the government to change the controversial personal tax allowance thresholds has soared to more ...

Applications are open for Data Processing Assistant positions in the Income Tax Department. Do you know how much the selected ...