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Sales Taxes Department

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UP shopkeeper stunned by Rs 141 crore tax notice

A small grocery store owner in Bulandshahr has alleged that his PAN card was misused to set up six companies in Delhi after he received a notice from the Income Tax Department over sales worth more......

'Could Ajit Pawar Have Known?'

'Everyone involved in this transaction must be punished and penalised.' IMAGE: Maharashtra Deputy Chief Minister Ajit Pawar with Prime Minister Narendra Modi, Pawar's wife Sunetra and son Parth.......

Won't save anyone: Fadnavis on land deal linked to Pawar

Maharashtra Chief Minister Devendra Fadnavis said on Saturday that action in the Pune land deal case, involving a company linked to Deputy CM Ajit Pawar's son Parth Pawar, is being taken as per the......

Parth firm will need to pay Rs 42 cr to scrap land deal

After Maharashtra Deputy Chief Minister Ajit Pawar announced that the sale deed executed by his son Parth's firm for a prime land in Pune has been scrapped, officials said the company will have to......

Don't Want IT Notice? Read This NOW!

Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......

Why Income Tax Cases Drag On For Decades

'Repeated adjournments are one of the largest contributors to lengthy litigation cycles.' Kindly note this illustration generated using Microsoft Copilot is only posted for representational......

Selling Land Is Not a Service, Rules Supreme Court

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax. Illustration: Dominic Xavier/Rediff The......

Which is the new battleground in tax disputes?

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. Illustration: Uttam Ghosh/Rediff.com It was about corporate guarantees issued to related......

Respond to taxman's notice, file revised or updated return

The Income-Tax (I-T) Department has detected widespread tax evasion involving cryptocurrencies and, according to media reports, has issued emails to thousands of defaulting taxpayers seeking......

Tax dept notifies all 7 ITR forms for assessment year 2025-26

The income tax department has notified all seven income tax return forms for assessment year 2025-26. Illustration: Dominic Xavier/Rediff While ITR forms 1 and 4, which are filed by small and......

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