I-T dept launches crackdown on tax evasion, misuse of CSR donations
In a major crackdown on tax evasion carried out through the non-profit sector, the Income Tax Investigation Unit, Agra, initiated […]
Income Tax Recent News – 2025
India’s oldest citizens are increasingly contributing more to govt’s income tax kitty
Income tax paid by India’s oldest citizens is gradually accounting for a larger share of the central government’s total kitty.
Taxman may get more power to demolish benami realty deals
The law to curb benami deals, where faceless persons, slum dwellers, and poor labourers in tribal villages, hold properties worth
No Income Tax on ₹4.5 Crore Land Sale: Patna Woman Wins Relief Under Section 54F Thanks to 1955 CBDT Circular & ITAT Ruling
Patna, June 6, 2025 – In a major relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Patna has ruled
Four held for posing as tax officials, robbing man
Surendranagar police on Wednesday arrested four men who allegedly posed as income tax officers and extorted valuables from a citizen
Major Relief For Taxpayers: CBDT Hikes Income Threshold For Tax-Free Perquisites In Salary
The Central Board of Direct Taxes (CBDT) has notified a significant change to the Income Tax Rules, 1962, effectively widening
Govt extended ITR filing AY 2025-26 deadline, but less than 40% returns processed yet
The Income Tax Department released the Excel utilities for ITR-1 and ITR-4 on May 29 this year, almost with a
Shree Cement’s income tax demand cut to ₹222 crore from ₹589 crore
India’s third-largest cement manufacturer, Shree Cement Limited, on Wednesday (August 2), said the Income Tax Department has reduced its earlier
Crypto regulation in India: CBDT asks stakeholders on regulation, compliance; VDA oversight, tax-compliance in focus
Apex taxation authority has inquired with cryptocurrency stakeholders about the necessity of new virtual digital assets (VDA) legislation, its administrative
I-T Bill 2025: Relief for corporates on dividend taxation, LLP AMT burden
The New Income Tax Bill, 2025, has introduced significant amendments in corporate taxation, aimed at simplifying compliance and providing greater
