IT Department

Photo used for representational purpose only. File | Photo Credit: Freepik December 31, 2022, will be the last date for filing belated Income Tax returns for the financial year ended 31.3.2022 (assessment year 2022-23). Post December 31,…

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BENGALURU: IT spending in India is pegged at $105.2 billion in 2022, an increase of 5.5% year-on-year, said Gartner. The worldwide IT spending is projected at $4.5 trillion in 2022, an increase of 5.1% from 2021. Despite the…

The Central Board of Direct Taxes (CBDT) has constituted a task force to restructure the entire Income-tax department. The panel, which comprises 10 senior officials of the department, will reassess the role and functions of the department…

Actor Sonu Sood is undeterred by the scrutiny he's being subjected to by the The Central Board of Direct Taxes. Days after it was alleged that he had evaded taxes and stocked up on crores of rupees, the actor issued a statement saying that…

Actor Sonu Sood has issued a statement after an investigation into his finances allegedly revealed discrepancies. The Central Board of Direct Taxes recently alleged that the actor and his associates had evaded tax of ₹20 crore.It also…