Bombay High Court Directs RBI To Accept Old Demonetised Bank Notes Seized By Income Tax Department
The Bombay High Court ruled in favor of a group of Kolhapur residents, directing the Reserve Bank of India (RBI) […]
Income Tax Recent News – 2025
Parle Products comes under Income Tax Department scanner; group’s foreign assets on target
The Income Tax (I-T) Department initiated a search operation on Parle Products, the maker of Parle-G and Bisleri today (February
New Income Tax Bill serious threat to digital privacy: KT Rama Rao
BRS working President KT Rama Rao raised an alarm over the Centre’s proposed new Income Tax Bill, calling it a
Taxman smells a scam in dubious agricultural income declaration
For decades, agricultural income and sale of farm land has been a subterfuge to escape tax, convert black money into
India’s tax authorities should work harder to make peace with taxpayers
Indians have long had a confrontational relationship with the nation’s tax office, whose adversarial approach has crushed countless small businesses and
Major TDS and TCS Reforms to Simplify Tax Compliance From 1st April 2025
The Union Budget 2025 has introduced several key amendments to India’s TDS (Tax Deducted at Source) and TCS (Tax Collected
Tax officers may soon access your social media a/c, emails: What this means
Starting April 2026, a significant change in India’s income tax rules will give tax authorities the power to access a
Tweak LTCG structure if cutting rates not an option, say experts
The clamour for a review of the long-term capital gains tax is getting louder with each passing day as investors
Section 87A tax rebate on STCG income allowed by CIT (Appeals); Know how this legal battle was won
On February 27, 2025, the Mumbai bench of the Commissioner of Income-tax (Appeals) (CIT(A)) delivered a landmark ruling in favor
Income Tax department issues warning to taxpayers: Beware of such IT refund scam
The Income Tax department, on its official social media account, issued a warning to taxpayers cautioning them to stay safe
