Man, 75, gets I-T notice for a 10-year-old return: here’s what law says
A Reddit user recently posted that his 75-year-old father received an income tax demand linked to a return filed for […]
Income Tax Recent News – 2025
HC quashes tax recovery against grocer, a victim of Aadhaar fraud
The Bombay High Court quashed an attachment order issued by the Gujarat commissioner of state tax against a small provision
₹6 Cr property sold, ₹0 tax paid-What the Income Tax ruling means for you
In a landmark ruling, the Income Tax Appellate Tribunal, Mumbai has allowed a taxpayer to claim zero tax on long-term
CBI Arrests Income Tax Inspector, Vijayawada and a Middle man while Demanding and Accepting a Bribe of Rs. 70,000
On July 29, 2025, the Central Bureau of Investigation (CBI) has arrested today two accused including Inspector, Income Tax, Vijayawada
Income Tax Department Cracks Down On Bogus Refund Claims Ahead Of Filing Deadline
The Income Tax Department has launched a nationwide crackdown on fraudulent exemption and deduction claims as the deadline for filing
First quarter direct tax collection: What do the numbers indicate
Direct Tax collection numbers at the first quarter stage (June Quarter) or at the end of any other quarter do
One TDS Mistake Cost Tenant Rs 1 Lakh Fine Despite Paying Rs 55k Regularly In Rent
A tenant received the tax penalty of Rs 1 lakh by the income tax department despite paying a regular Rs
Centre Eyes Rs 6 Lakh Crore from Cess and Surcharge in FY26, Up 10% Over FY25 – Details Inside
The central government has set an ambitious target to collect over ₹4.18 lakh crore from cess and more than ₹1.72
New Income Tax bill gives no new search powers, eases compliance: Baijayant Panda
The new income-tax bill does not grant any new powers to authorities on search and seizure, and significantly reduces ambiguities
No LTCG hike in draft Income Tax Bill, clarifies govt as rumours erupt
As the draft Income Tax Bill, 2025 undergoes parliamentary scrutiny, it has sparked concerns among tax practitioners about a possible
