Jewellery worth over Rs 90 lakh seized by Income Tax Department vanishes from bank locker – High Court orders taxpayer to be compensated
The Income Tax Department seizes assets, and they are stolen from the bank locker they are stored in – the […]
Income Tax Recent News – 2025
12th-pass Jharkhand man poses as income tax officer, defrauds woman of Rs 9 lakh
The Gujarat police on Tuesday arrested a man named Aman Kumar for allegedly defrauding 35 people worth crores of rupees
Bombay HC Quashes Income Tax Assessment Over Use of AI-generated Case Laws
The Bombay High Court quashed an income tax assessment after finding that the Assessing Officer relied on non-existent, AI-generated case
Income Tax Dept withheld Rs 1.5 crore refund citing Form 26AS TDS mismatch – how taxpayer approached High Court and won the case
Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may
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
Income tax audit filing deadline is October 31: What you need to know
As the October 31, 2025, deadline for filing income tax audit reports nears, businesses and professionals across India must be
Tax claims in India by foreign companies without office or active contracts valid: Supreme Court
Foreign-owned companies can now be treated as carrying on business in India even without active contracts, a physical office, and
Govt to notify all rules under new income tax law by December 31
The government is targeting December 31 to notify all the rules under the upcoming new income tax law through a
Audit session in Bengaluru stresses transparency, fairness in tax compliance
The Bangalore Chamber of Industry and Commerce (BCIC), in association with the Central Tax (Bengaluru Zone) and the Audit-1 Commissionerate,
Why income tax refunds have dropped 16% this year
Income tax refunds have declined noticeably this year as the government tightens checks to curb fraudulent claims. The fall in
