The Income Tax department in India has announced that the e-filing portal for tax returns will not be operational for three days, starting from the afternoon of February 3rd (Saturday) till the morning of February 5th (Monday).  This temporary shutdown is scheduled for maintenance and technical upgrades of the system. Taxpayers need to know that ...

The shares of Polycab India Ltd have taken a significant hit, falling by 20% after a raid at its 50 locations. The Income Tax Department conducted searches at multiple locations related to Polycab. During these searches, they uncovered some startling findings.  It has come to light that the electrical company had engaged in unaccounted cash ...