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In a major relief for property buyers and sellers, the Income Tax Department has proposed a new rule that may remove the need to provide a PAN card for property transactions valued below Rs 20 lakh.
CBDT issued notification no. 26/2025 dated 03.04.2025, hereby notify that every person who has been allotted permanent account number on the basis of Enrolment ID of Aadhaar application form filed prior to the 1st day of October, 2024, shall intimate his Aadhaar number to the Principal Director General of Income tax (Systems) or Director General of Income-tax (Systems) or the person authorised by the said authorities on or before the 31st day of December, 2025 or…
A spate of income tax notices has prompted the National Mission for Clean Ganga (NMCG), the Centre’s nodal agency responsible…
The Centre is planning a stricter legal framework including increased penalties and imprisonment as part of a crackdown on identity…
The DGGI Gurugram Zonal Unit officials have also detected a modus operandi prevalent in the trade of supply of mobile phones wherein mobile phones are purchased from grey market without any underlying invoice or from online e-commerce platforms in the name of various unregistered individuals.
Arecent extensive operation by the Goods and Services Tax (GST) authorities has revealed tax evasion amounting to Rs.30,000 crore. The…
A resident of Lathi village in Jaisalmer district was left shocked after receiving a showcase notice from the goods and…
Directorate General of Systems and Data Management (CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS) on 26.05.2023 has published Advisory to…
28.03.2023 In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been…
Here’s a curious tale involving the common man, a con man and the taxman. A housekeeping worker, formerly a security…