CBDT to closely monitor top taxpayers, crack down…

[ad_1] New Delhi: The CBDT has directed income-tax officials to "closely" monitor top advance tax payers and identify bogus claims of exemptions and deductions as part of the strategy to improve direct tax collections during…

Income Tax dept sends notices for HRA claims…

[ad_1] The Income Tax Department is now reportedly sending notices to salaried taxpayers who have claimed House Rent Allowance (HRA), but did not deduct tax at source (TDS) on rent payments in the past financial…