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August 5, 2025, 07:25 PM - 2 min read
In a written reply in the Rajya Sabha, the Minister of State for Finance, Pankaj Chaudhary, revealed that the Income Tax department had uncovered undisclosed income worth ₹30,444 crore in the fiscal year of 2024-25 while ₹630 crore of undisclosed income from cryptocurrency was uncovered in FY’23 and FY’24
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March 28, 2024, 01:27 PM - 2 min read
The Delhi High Court has dismissed the plea filed by the Indian National Congress (INC) Party challenging the Income Tax department's decision to open reassessment proceedings against it for the years 2017-18, 2018-19, 2019-20, and 2020-21. This decision comes after a previous dismissal of the Congress party's plea against reassessment for the years 2014 to 2017.
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March 11, 2024, 05:36 PM - 2 min read
The Delhi High Court will hear a plea by the Indian National Congress (INC) on Tuesday, seeking a stay on the Income Tax notice for recovery of over Rs 105 crore in outstanding taxes.
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