Now get faster tax refunds and easier ITR corrections: New CBDT rules explained
The Central Board of Direct Taxes (CBDT), issued a notification on October 27, 2025, empowering the Commissioner of Income Tax […]
Income Tax Recent News – 2025
Aishwarya Rai wins Rs 4 crore tax dispute as ITAT Mumbai rules in her favour
Bollywood actress Aishwarya Rai has recently received relief from the Income Tax department. The Income Tax Appellate Tribunal (ITAT) Mumbai
From Concession To Confusion: The ITAT’s Maharishi Ruling And The Storm Ahead
The Income Tax Appellate Tribunal’s recent ruling in Maharishi Education Corporation (P.) Ltd. vs ITO (Delhi Bench, SMC) may seem,
ICAI proposes optional joint taxation for married couples
With the preparation for the Union Budget 2026-27 under way, the Institute of Chartered Accountants of India (ICAI) has given
Your PAN will be deactivated on January 1, 2026, if you don’t do THIS
Your Permanent Account Number (PAN), which you use to file your Income Tax Returns, open bank accounts, and for a
Income tax department withdraws ₹8,500-crore transfer pricing case against Vodafone
In a surprise move, the Income Tax Department withdrew its long-pending ₹8,500-crore transfer pricing case against Vodafone India Services Pvt.
Income Tax Tribunal move to back 22% tax on capital gains sparks row
In a bizarre decision that has spawned surprise and scorn in the tax world, an Income tax (I-T) tribunal, which
Industry body pushes for faster tax dispute resolution; calls for clearing high-value appeals within a year
Calling for a shift from a “dispute-driven” to “dispute-preventive” tax system, the Confederation of Indian Industry (CII) has proposed fast-tracking
Money Laundering Case: Mumbai Court Denies Bail to IPS Officer’s Husband in Rs 263 Crore Tax Refund Scam
A special PMLA court has turned down the bail plea of Purushottam Chavan, husband of an IPS officer, who has
Tax audit deadline not extended for these taxpayers; Karnataka CA body highlights anomalies in CBDT’s due date extension circular
The Central Board of Direct Taxes (CBDT) has extended the deadlines for tax audit report (TAR) to November 10, 2025,
