income tax department

Income tax return process, which was previously a tedious span of 63 days, will now be processed in one day! Thanks to Union Cabinet and Infosys, who will employ the next generation system for processing Income tax return filing.

Flipkart Wins Tax War! Income Tax Appellate Tribunal, which deals with tax issues under Direct Taxes Acts, has ruled that Flipkart is being incorrectly taxed. In their ruling, IT Appellate Tribunal has ordered Income Tax Department to…

In a terse, crude and direct notification for all salaried employees, Income Tax Dept. has threatened salaried employees of severe punishment, if they file incorrect tax returns. At the same time, as reported earlier, there are many tax…

As you all know, Income Tax Return Filing season is upon us and it is great to see that Indian Income Tax department is taking steps to ensure that the whole process is as easy as possible for Tax payers. According to NDTV news, IT…