India’s corporate tax collection soars over 200% in four years
India’s corporate tax collection has surged from Rs 4,57,719 crore in 2020-21 to Rs 9,86,767 crore in 2024-25, the Parliament […]
Income Tax Recent News – 2025
Income Tax Dept warns taxpayers with undisclosed foreign income to revise ITRs by December 31
The Income Tax department has advised taxpayers to revise their Income Tax Returns by December 31 if they have not
Preity Zinta Beats ₹10-Crore Tax Charge, ITAT Mumbai Rules In Her Favour After Major Reassessment Flaw Surfaces
Bollywood actor Preity Zinta found herself in a long tax dispute after filing her 2016 income tax return as a
Paying tax fine under CBDT ‘Nudge’ scheme won’t erase PMLA, FEMA violations, say legal experts
Wealthy individuals who are receiving ‘Nudge’ messages from the Central Board of Direct Taxes(CBDT) for undisclosed foreign assets may be
Fresh corruption scandal rocks ITAT, raises again demand of buried faceless system in Tribunal
The recent arrest of both the judicial and accountant members of the Income Tax Appellate Tribunal (ITAT) Jaipur Bench, along
Security Guard Gets I-T Notice For ₹2.2-Crore Transactions As Fraudsters Allegedly Use His PAN To Register Shell Company
The Vakola police have registered an FIR against an unidentified person for alleged cheating after a security guard received an
Charitable Trusts Must Register With Income-Tax Dept, Says Tax Official Telangana
The income-tax department (I-T) on Friday said that public charitable trusts and societies that seek to promote charitable activities were
Crackdown on 3rd-party credit card payments: Income Tax dept issues notices
The Income Tax Department has launched a major crackdown on individuals who use their own credit cards to make payments
Ramkatha, yagna for welfare not ‘religiouspropagation’: ITAT
The Income Tax Appellate Tribunal, Ahmedabad bench, has allowed an appeal filed by Dharamdas Charitable Trust for approval of tax
IMF’s executive board called for careful monitoring of fiscal impact GST, personal income tax rate cuts
The executive board of International Monetary Fund (IMF) on Wednesday called for a closer look on possible fiscal implication created
