ITR filing deadline is September 15: Will CBDT extend the due date
The Income Tax Department had already extended the last date for filing Income Tax Returns (ITR) for the financial year […]
Income Tax Recent News – 2025
Govt extended ITR AY 2025-26 deadline, but only 4.56 crore returns filed so far
The Income Tax Department extended the last date for filing the Income Tax Return (ITR) for the financial year 2024-25
Delhi HC Issues Notice on Tax Department’s Appeal Against ITAT Ruling in Clifford Chance Case
The Delhi High Court has issued notice in an appeal filed by the Income Tax Department challenging a ruling of
Ahmedabad Tax Tribunal Clears Man In Rs 4 Lakh Cash Gift Case Linked To Son’s Wedding
In India, cash gifts during weddings are a common tradition. But for Manubhai, receiving Rs 4.31 lakh as cash gifts
Delhi HC stays Rs 329 cr tax penalty on Vivo Mobile India, seeks I-T dept response
The Delhi High Court on Thursday stayed the recovery of Rs 329 crore penalty imposed by the income tax department
India’s personal income tax collections now bigger than corporate tax mop-up
Personal income tax collections have surpassed corporate taxes for the first time in India’s history. According to a report by
Provision on search and seizure of digital data even in old Act, only explicitly stated in new Income Tax Act: CBDT Member
The provision of search and seizure, including in the digital sphere, was already there in the Income Tax Act, 1961,
Income tax rules revised: Higher limits for perquisite taxation of salaried individuals
The Central Board of Direct Taxes (CBDT) has notified new income threshold limits for calculating tax-free perquisites (perks) under the
High Court grants bail to Income Tax Officer in ₹25 lakh Bribery Case
The Punjab and Haryana High Court observed that a bail plea filed directly before the High Court can be entertained
ITAT relief: Section 54F exemption allowed despite no deposit in capital gains account scheme
In a relief of homebuyers and tax payers, the Income Tax Appellate Tribunal (ITAT), Ahmedabad has held that that exemption
