No scrutiny assessment on homemakers for cash deposited during demonetisation

The income tax appellate tribunal has provided a big relief to the…

COVID-19 Amplified Digital Payments in India Where Cash Ban Didn’t Work

The transaction volume on the Unified Payments Interface hit an all-time high…

A slowing economy impacts growth in income tax returns

The number of income tax returns filed for FY 2017-18 stood at…

Checklist for verification of cash deposits during demonetisation

The income tax department seeks to comb through cash deposits made during…

IT department suspects Misuse of Tax Exemption on Agriculture Income

The primary occupation in India is agriculture. The government comes up with…