Retired employee wrongly claimed Rs. 20 lakh gratuity exemption — Income Tax Dept imposed penalty, but ITAT ruled in her favour

A retired government employee successfully appealed a penalty after mistakenly claiming an excess gratuity tax exemption. The ...

Income Tax department imposes Rs 2.2 lakh penalty on retired government employee for gratuity tax exemption claim - how she won case in ITAT

A retired government employee successfully appealed a penalty after mistakenly claiming an excess gratuity tax exemption. The Income Tax Appellate Tri ...
Fortune India

Consequences of missing the tax audit filing deadline and the possibility of extension for taxpayers

Missing the tax audit filing deadline can result in penalties, increased scrutiny, and delays in refunds. Many taxpayers are ...
The Week

AY 2025-26 income tax report filing due date extended again: All you need to know

T Department's extension also follows recent decisions by the high courts of Punjab, Haryana, Gujarat, and Himachal Pradesh ...

Vodafone Group gets big tax relief as IT dept withdraws Rs 8,500 crore demand; Vi denies $6 billion investment talks

Tax relief boosts Vodafone Group’s prospects in India as IT Department withdraws Rs 8,500 crore demand; Vodafone Idea quashes ...

Earn In Crores, Still Pay Zero Tax? Only State In India Where Residents Are Exempt From Paying Income Tax

What Is The Historical Context Of Sikkims Zero Taxation System? Why Sikkimese People Are Exempt From Paying Income Tax?
Voice&Data

IT department withdraws long-running Vodafone tax dispute

Industry: Income Tax Department on Monday withdrew its long-pending Rs 8,500-crore transfer pricing case against Vodafone ...

India tax authority conducts survey at Exide Industries

India's Income Tax Department is conducting a survey at Exide Industries' offices and manufacturing units, the battery maker ...
The Financial Express

Income Tax dept withdraws Rs 8,500-crore transfer pricing case against Vodafone

The case goes back to the sale of Vodafone India’s Ahmedabad-based call centre business, 3 Global Services, to Hutchison Whampoa Properties (India) during the financial year 2008.