The Central Board of Direct Taxes (CBDT) has introduced a new system for reporting high-value financial transactions where a person does not have a Permanent Account Number (PAN). Under a notification issued…
The Supreme Court has directed the government to investigate allegations that private verification companies are accessing and commercially using sensitive personal data, including income tax returns (ITR) and Employees' Provident Fund Organisation…
The Supreme Court has directed the Union government to consider a representation alleging that private verification entities are misusing sensitive statutory data, including EPFO/UAN records and PAN-linked information. A bench of CJI…
The number of income-tax return filers has risen 24% from 6.96 crore in 2021-22 to 8.67 crore in 2025-26, according to Minister of State for Finance Pankaj Chaudhary's written reply in the…
Taxpayers who filed their income tax returns for Assessment Year 2026-27 may receive a defective return notice under Section 139(9) from the Income Tax Department if their ITR contains missing, inconsistent, or…
Banks must report total cash deposits exceeding Rs 10 lakh in a savings account during a financial year to the Income Tax Department, Mint reports. The threshold covers one or several transactions…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.