Tax Department News
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Over Rs 100 Crore Mismatch In Vijay's Poll Affidavits, Court Seeks Tax Reply
Vijay had filed papers to contest the Tamil Nadu election from two seats - Trichy and Perambur
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IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
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US To Slash Citizenship Renunciation Fee From $2,350 To $450 From April
President Donald Trump administration is set to significantly lower the cost of giving up US citizenship, reducing the renunciation fee from $2,350 to $450, its first major rollback in over a decade.
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'Will Contest' Says Meesho As I-T Slaps Rs 1,500 Crore Tax Demand Notice
The filing said that the demand order is based on certain additions and adjustments to the income reported by the company.
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Travellers Flying Out Of Singapore To Be Charged "Green Fuel Levy" From Next Year
The green fuel levy applies only to tickets issued from 1 April 2026 onward for flights departing from Singapore.
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'Bitcoin Jesus' Agrees To Pay $50 Million To Resolve US Tax Case
Roger Ver, an early investor in cryptocurrency known as "Bitcoin Jesus," has agreed to pay $50 million to resolve US tax charges, the Justice Department said Tuesday.
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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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Probe Agency ED, Income Tax Department To Join Assam Police In Zubeen Garg Case: Report
The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta.
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Why ITR Filing Deadline Was Extended By A Day
By Monday evening, the Income Tax Department said more than 7.3 crore returns had been filed
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Income Tax Return Deadline Extended, It Can Now Be Filed Till Today
The deadline for filing Income Tax returns has been extended by a day to Tuesday, the Centre announced late on Monday night.
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Over Rs 100 Crore Mismatch In Vijay's Poll Affidavits, Court Seeks Tax Reply
Vijay had filed papers to contest the Tamil Nadu election from two seats - Trichy and Perambur
-
IT Department Reportedly Issues Tax Notices to Crypto Traders Over Past Unreported Transactions
Indian tax authorities are issuing notices to crypto investors over unreported transactions from past financial years. The move follows increased scrutiny of exchange data and income filings, with regulators using analytics tools to detect mismatches. The notices aim to improve compliance and allow investors to clarify discrepancies before further ...
-
US To Slash Citizenship Renunciation Fee From $2,350 To $450 From April
President Donald Trump administration is set to significantly lower the cost of giving up US citizenship, reducing the renunciation fee from $2,350 to $450, its first major rollback in over a decade.
-
'Will Contest' Says Meesho As I-T Slaps Rs 1,500 Crore Tax Demand Notice
The filing said that the demand order is based on certain additions and adjustments to the income reported by the company.
-
Travellers Flying Out Of Singapore To Be Charged "Green Fuel Levy" From Next Year
The green fuel levy applies only to tickets issued from 1 April 2026 onward for flights departing from Singapore.
-
'Bitcoin Jesus' Agrees To Pay $50 Million To Resolve US Tax Case
Roger Ver, an early investor in cryptocurrency known as "Bitcoin Jesus," has agreed to pay $50 million to resolve US tax charges, the Justice Department said Tuesday.
-
Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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Probe Agency ED, Income Tax Department To Join Assam Police In Zubeen Garg Case: Report
The Enforcement Directorate (ED) and Income Tax (I-T) Department are likely to join the Assam Police in investigating alleged organised financial crimes and acquisition of benami properties by event manager Shyamkanu Mahanta.
-
Why ITR Filing Deadline Was Extended By A Day
By Monday evening, the Income Tax Department said more than 7.3 crore returns had been filed
-
Income Tax Return Deadline Extended, It Can Now Be Filed Till Today
The deadline for filing Income Tax returns has been extended by a day to Tuesday, the Centre announced late on Monday night.
