income tax department News

Startups Enjoy Tax Breaks and Scrutiny-Free Status: A Boost from the Income Tax Department

The Income Tax Department offers tax exemptions and no scrutiny for DPIIT-recognized startups, supporting the ecosystem. Non-compliant companies may face examinations. The 2019 ref...

Yes Bank Faces Massive Rs 2.2K Crore Tax Notice: A Deep Dive into the Controversy

Yes Bank has been issued a Rs 2,209 crore tax demand notice for AY 2019-20, despite no additional disallowances in the reassessment order. The bank claims the demand is baseless.