Income Tax department to send SMS/emails to 25,000 high-risk individuals for non-disclosure of foreign assets
The Income Tax Department is set to issue SMS and email alerts to around 25,000 individuals flagged as “high-risk” for […]
Income Tax Recent News – 2025
Supreme Court Tax Ruling: TDS On Payments To Foreign Firms Cannot Exceed 10% If Tax Treaty Allows It
The Supreme Court has made it clear that Indian companies cannot be forced to deduct more than 10% tax when
ITR refund delay: CBDT Chairman shares when taxpayers can expect refunds
There’s a high probability that many taxpayers have not received their income tax refund (ITR) filed for the financial year
CBI busts bribe-for-orders racket in ITAT, Jaipur; judicial member, among arrested
In a major crackdown on alleged corruption in the adjudication of tax disputes, the Central Bureau of Investigation (CBI) has
SC issues notice to Centre, EC, 12 political parties over PIL against tax exemption on anonymous cash donations below Rs 2,000
The Supreme Court on Monday issued notices to the Centre, the Election Commission and 12 political parties on a PIL
Gujarat high court grants relief to 82-year-old woman who failed to file income tax return, sought reassessment
The Gujarat high court granted relief to an 82-year-old woman, Shushila Patel, for her failure to file an income tax
HC ruling protects landowners from tax deductions on highway acquisition compensation
Bengaluru, In a significant relief for landowners affected by compulsory acquisitions, the Karnataka High Court has allowed a writ petition
Income Tax department tells charitable trusts to add ‘irrevocable’ clause or lose tax benefits
Public charitable Trusts are being told by the Income Tax (I-T) department that their trust deeds must state that they
Ignoring mismatch notice may result in a tax demand
Taxpayers are increasingly getting system-generated intimations under Section 143(1)(a) for discrepancies in returns filed and annual information statement (AIS) or
Types of tax notices one can receive and how to act
Receiving an income tax notice isn’t necessarily a cause for alarm. Often, it is just a request for additional details
