Your ITR now matters beyond taxes: SC lays down income rule for motor accident compensation
Your Income Tax Return (ITR) could play a crucial role not just in tax compliance, but also in determining compensation […]
Income Tax Recent News – 2026
7 income tax limits every taxpayer should know to avoid notices and penalties
To curb tax evasion and financial crimes, the Income-tax Act, 1961, prescribes several limits on cash transactions and other financial
Man misses ITR e-verification while caring for ailing father; ITAT orders ₹17 lakh refund
A Delhi bench of the Income Tax Appellate Tribunal (ITAT) has directed the Income Tax Department to release a taxpayer’s
Income Tax e-Filing Portal Displays Form 26AS under Income Tax Act, 1961 and Form 168 under Income Tax Act, 2025; Taxpayers advised selecting the applicable form carefully based on the relevant law and tax period
The Income Tax e-Filing portal now displays separate options for “View Form 26AS, Income Tax Act 1961” and “View Form
Income Tax: Can you claim bad debt deduction during recovery? ITAT explains
A business can claim a deduction for a bad debt even if efforts to recover the money are still underway,
Income Tax informant challenges ₹17L reward, seeks ₹44.5L
Gujarat High Court dismissed a petition by an income tax informant seeking a higher reward after his inputs helped the
CBDT provides relief to charitable organisations on renewal of approval
Income Tax Departments has offered relief to charitable institutions which missed the deadline of 30 September 2025 for filing registration
Tax Cuts and Assured Demand Vital To Scale India’s Biogas Sector: CII Report
Achieving the government’s target of 5,000 compressed biogas (CBG) plants producing 15 million metric tonnes annually by 2030 will require
Tax department steps up scrutiny of charitable trusts over disclosure mismatches
The Income Tax Department has intensified scrutiny of charitable trusts and non-profit organisations, seeking granular details on utilisation of funds, governance practices and charitable
Holding company can’t claim demerger tax benefits on behalf of subsidiary: ITAT
The Mumbai Income Tax Appellate Tribunal (ITAT) has ruled that a holding company cannot perform a legal requirement meant for
