The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been ...

The Income Tax Department is stepping up scrutiny on tax returns, leading to delays in refunds for many taxpayers. A NUDGE ...

Learn why refund claims are being paused under a risk-based system and how timely reconciliation or revision can ensure smooth ...

The Tribunal held that advances received under a joint development agreement are not taxable as business income when land remains a capital asset and no transfer under section 2(47) has ...