ITAT Lucknow held that delay of 4 days erroneously calculated as delay of 551 days by CIT (A). Accordingly, directed CIT (A) ...

Posters have been put up outside the Samajwadi Party office in Lucknow, making bold claims about the party's future on 07. The posters said, ‘27 mein aayenge Akhilesh’ signaling the return of Akhilesh ...

Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

Lucknow: A joint team of the Cyber police and Maharajganj police on Monday arrested two fraudsters, who used to pose as Income Tax inspector and GST officer to target small business owners.

THE INCOME Tax bonanza, including increase in exemption slab from Rs 7 lakh to Rs 12 lakh (annual income) and tweaks in rates and slabs, will benefit taxpayers across income brackets. With the ...

The government's aim in this Budget was to extend support to the middle class, Finance Minister Nirmala Sitharaman told NDTV in an exclusive interview today, the day after presenting the Budget in ...

The announcement of Nil tax for those with taxable income of up to Rs 12 lakh has brought cheer to all who fall in that category. However, many who are marginally above that ceiling will end up taking ...

Revised Income Tax Slabs and Rates Explained: In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman introduced a revised tax structure aimed at reducing the burden on taxpayers.

A new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next week, Finance Minister Nirmala Sitharaman said as she presented the Union ...

In Bharat Shetty Vs ITO (ITAT Lucknow), the ITAT Lucknow addressed the issue of limitation for filing an appeal in light of the COVID-19 pandemic. The assessee had filed an appeal against an order ...

BT brings to you an easy-to-use tool that helps in calculating the tax payable on your income for FY 2025-26. It also lets you compare your tax liability under new tax regime and old tax regime.

In a surprise operation, officials from the Karnataka and Goa Income Tax Commissionerate raided the homes and offices of four leading businessmen in Belagavi on Tuesday. These include the ...