Important Income Tax Due Dates in September 2026; Don’t Miss These Deadlines
Taxpayers should note several important income-tax compliance deadlines during September 2026. By 7 September, tax deducted or collected for August […]
Income Tax Important Update
ICAI Releases Comprehensive Handbook on Residential Status for NRIs Covering Income-tax Act, 2025 and FEMA
The Institute of Chartered Accountants of India (ICAI), through its International Taxation Committee, has brought out a comprehensive publication titled
Income Tax Department Releases ITR-7 Offline Utility for AY 2026-27
The Income Tax Department has released the ITR-7 Offline Utility for Assessment Year 2026-27 for filing of returns by persons,
ED registers 4,622 PMLA cases in five years; Income Tax Department files 2,127 prosecution cases
The Rajya Sabha Unstarred Question No. 1837, answered on August 04, 2026, on “Cases Registered by the ED and IT”
CBDT raises monetary limits for departmental tax appeals; 23,467 appeals withdrawn or not filed
The Rajya Sabha Unstarred Question No. 1829, answered on August 04, 2026, on “Monetary Limits for Tax Appeals” was answered
Higher appeal thresholds lead to ₹16,688.68 crore reduction in disputed tax demand
The Rajya Sabha Unstarred Question No. 1812, answered on August 04, 2026, on “Ease of Tax Compliance and Dispute Resolution”
Income-tax Act, 2025 operationalised from April 1; rules and forms substantially reduced; IT Department deploys AI-enabled ‘Kar Saathi’ chatbot; over 1.75 lakh copies of taxpayer-awareness material distributed
The Lok Sabha Unstarred Question No. 3579, to be answered on Monday, August 10, 2026/Shravana 19, 1948 (Saka), on “Operationalisation
Direct tax collections rise to ₹23.40 lakh crore in FY 2025-26; ITR filers increase to 8.67 crore
The Lok Sabha Unstarred Question No. 3502, to be answered on Monday, August 10, 2026/Shravana 19, 1948 (Saka), on “Increase
Govt To Soon Notify Rules For Online Lower Or Nil TDS Certificate Applications: MoS Finance Pankaj Chaudhary
The Income Tax Department is in the process of framing rules to implement a key provision from the Union Budget
Income Tax Department Releases ITR-5 Offline Utility for AY 2026-27
The Income Tax Department has released the Offline Utility for ITR-5 for Assessment Year 2026-27 on the e-Filing portal. The