IndiGo slapped with Rs 944 crore penalty by income tax department; airline vows to challenge in court
InterGlobe Aviation, the parent company of IndiGo, has been issued a penalty of Rs 944.20 crore by the Income Tax Department ...
Mathrubhumi English5h
Attention employees! Here’s what’s changing in your Income Tax from April 1
Announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025, new changes are designed to simplify the tax ...
IndiGo Faces Rs 944 Crore Tax Penalty, Terms It "Erroneous"
With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order ...
Tax Guru2d
India’s New Income Tax Bill 2025: A Comprehensive Overview
The bill reduces the number of chapters from 52 to 23 and pages from 823 to 622, eliminating redundant and obsolete provisions. This structural simplification makes the tax code more accessible and ...
Pending tax work? Income tax department offices to stay open on March 29-31
Income Tax offices in India will remain open from March 29 to March 31, despite the weekend and Eid-al-Fitr, to assist ...
Will the new Income Tax Bill give govt access to your encrypted Whatsapp chats?
FM Sitharaman said the new Income Tax Law did not give legal backing to check digital assets. The government has added ...
Income Tax: March 31 is the last date to update AY 2022-23 returns
Last chance to file updated Income Tax Returns for AY 2022-23 with additional tax penalties, consequences for non-compliance.
Tax Guru5h
Telangana HC Slams Income Tax Dept Over Illegal Refund Adjustments
The Telangana High Court has delivered a judgment against the Income Tax Department in two writ petitions filed by TSI ...
IndiGo’s Parent Firm Slapped with Rs 944.20 Crore Tax Penalty, Disputes Claim
InterGlobe Aviation Limited, the parent company of IndiGo, has been hit with a Rs 944.20 crore penalty from the Income Tax ...
Income Tax Department issues notices to taxpayers over non deduction of TDS on rent of ₹50,000 or more per month
Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.