Key Highlights of Proposed Changes under Income Tax Law in Union Budget 2026-27 for easy digest
Taxation Reforms are one of the key reforms to realize the vision of Viksit Bharat. In the words of the […]
Income Tax Important Update
Income Tax Department Releases Excel Utilities for Filing Updated ITRs (ITR-1 to ITR-7) for Assessment Year 2025–26
The Income Tax Department has enabled Excel Utilities for filing Updated Returns in ITR Forms 1 to 7 for Assessment
Government Issues Detailed FAQs on Section 80G of the Income-tax Act under NUDGE Campaign to Promote Informed Charitable Giving
In continuation of its efforts to promote voluntary tax compliance and enhance taxpayer awareness, the Government has released a comprehensive
Government Places Year-wise Data on Income Tax Disputes Before Rajya Sabha
The Government of india on December 09, 2025, laid on the table of the Rajya Sabha comprehensive data relating to
Income Tax Important Due Dates for the month of November 2025
The Income Tax important due dates for the month of November 2025 include: 7 November for deposit of TDS/TCS for
CBDT Releases Updated “Search and Seizure Manual 2025” Reflecting Modern Investigative and Technological Reforms
The Central Board of Direct Taxes (CBDT), Ministry of Finance, has released the much-awaited “Search and Seizure Manual 2025”, marking
TDS mismatch can’t cost you Rs 1 crore: ITAT Mumbai quashes tax demand on Form 26AS
In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax
ICAI releases the Income Tax Act 2025: A New Era of Simpler, Clearer, and Taxpayer-Friendly Laws including Tabular Mapping of Sections vis-a-vis Income-tax Act, 1961
The Institute of Chartered Accountants of India (ICAI) has released the Income Tax Act, 2025, a landmark reform replacing the
Correction Statements for FY 2018-19 to FY 2023-24 Valid Only Till 31st March 2026; No Acceptance Beyond 1st April 2026 Under Income Tax Act, 2025
The Income Tax Department has announced that correction statements for FY 2018-19 (Q4), FY 2019-20 to FY 2022-23 (all quarters),
Income Tax Dept releases Excel Utilities for Updated Returns (ITR-5, ITR-6 & ITR-7) and Offline Utility for ITR-5 (AY 2025-26)
The Income Tax Department on September 06, 2025 has made available two utilities on the e-filing portal to facilitate taxpayers
