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I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

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......

Make demergers tax-neutral, biz houses nudge govt

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies......

1 in 3 Decade-Old Tax Cases Still Unheard

'Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.' Illustrations: Dominic Xavier/Rediff A food product company in Andhra......

Cash economy on income tax radar

Under pressure to enhance tax realisation amid apprehensions of sluggish industrial growth, the Central Board of Direct Taxes has decided to target the cash economy in a big way to boost the income......

Tax department to send notices to 5.8 million

Tax department has identified 5,895,830 non-filers for assessment year 2014-15. Defaulters and non-filers of Income Tax return are facing the heat from the income-tax department, which has sent a......

Business Standard The Income Tax Department

News for Business Standard The Income Tax Department

I-T Goes After Rs 7.7 Trillion Tax Arrears

Why Income Tax Cases Drag On For Decades

Make demergers tax-neutral, biz houses nudge govt

1 in 3 Decade-Old Tax Cases Still Unheard

Cash economy on income tax radar

Tax department to send notices to 5.8 million

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