Jane Street under I-T dept scanner for potential tax violation via Singapore entities
The Income Tax (I-T) department is investigating whether Jane Street violated tax laws in India by booking profits via its […]
Income Tax Recent News – 2025
LTIMindtree wins I-T department’s PAN 2.0 project
The income tax department has selected mid-sized information technology firm LTIMindtree Ltd for its project to upgrade technology infrastructure for
Misled by tax consultant, employee faces Rs 1.15 lakh penalty — ITAT Pune steps in to reverse it
The Income Tax Department has flagged a growing trend of fraudulent tax deduction claims, prompting over 90,000 salaried employees across
Directors of firm convicted for failing to file income tax returns
The Additional Chief Metropolitan Magistrate-Economic Offences Wing-II (ACMM-EOW-II) has convicted a private company and its directors for wilful failure to
You can file ITR even if PAN and Aadhaar are not linked or PAN is inoperative
Filing ITR allowed despite inoperative PAN: The Income Tax Department has now clarified that taxpayers are still allowed to file
Direct tax disputes soar 198% amid rising vacancies in revenue dept
India’s tax dispute burden is rising sharply, despite multiple policy interventions aimed at streamlining compliance and reducing litigation. The Standing
ITR filing alert: Rebate on market gains allowed, but not auto-applied
Filed your ITR and surprised by a tax bill despite being under the Rs 7 lakh limit under the new
Only a few hundred more words required for complete clarity in I-T Bill: Baijayant Panda
The Select Committee of Lok Sabha devoted approximately 25,000 hours to reviewing the Income Tax Bill 2025, which is meant
Income Tax Bill: ICSI pitches for considering company secretaries as accountants in taxation laws
Company secretaries’ apex body ICSI on Thursday continued to pitch for recognising its members as accountants and urged the government
Income Tax Department begins crackdown as jewellers strike gold with accounting trick
Amid spiralling gold prices, some of the jewellers have played around with accounting rules to suppress profits and pay lower
