From Rs 2.28 Crore to Rs 63,000: ITAT Ahmedabad Rules in Favour of Non-Resident Taxpayer
A non-resident Indian (NRI) taxpayer found himself at the centre of a taxing ordeal when the Income Tax Department issued […]
Income Tax Recent News – 2025
Maruti Suzuki gets favourable ITAT ruling in old tax case
Maruti Suzuki India Ltd (MSIL) on Friday informed stock exchanges that it received a favourable order from the Income Tax
Cyber fraudsters use fake Income Tax email to swindle Ahmedabad firm of ₹60 lakh
In a meticulously planned cyber fraud, unidentified persons allegedly duped an Ahmedabad-based company, Jagat Agrotech Private Limited, of ₹60 lakh
Cases pertaining to ₹6.85 lakh crore pending in tax tribunal, says CJI B R Gavai
Terming huge pendency as a “major problem” with the courts and the tribunals, Chief Justice of India B R Gavai
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
Security flaw in Income Tax website exposed bank, Aadhaar details of Indian taxpayers
India’s income tax e-filing portal used by more than 135 million people had a major security flaw that exposed taxpayers’
‘Taxpayers paying twice…’: Expert flags TDS credit anomalies under new Income Tax Act
The landmark Income-tax Act, 2025, which replaced the six-decade-old 1961 law, promised simplicity by eliminating provisos and explanations. But according
Income Tax Department conducts search at Go Fashion offices, warehouses and stores
The Income-Tax Department has initiated a search operation at the premises of Go Fashion (India) Ltd, which owns the popular
Supreme Court decides to examine constitutional validity of Securities Transaction Tax
The Supreme Court of India on Monday (October 6, 2025) decided to examine a plea challenging the constitutional validity of
Income Tax drive to target tax evasion on capital gains in joint deals
The income tax department is set to launch a drive to nudge people who entered into joint development agreements, but
