Don’t go for extra revenue, be pragmatic: HC to taxman
The Delhi High Court on Tuesday directed the taxmen to shun their “fetching extra revenue” approach and instead adopt a […]
Income Tax Recent News – 2026
Budget 2026-27: PSU bank’s officers union seeks tax relief on leased housing
A group representing Bank of Maharashtra officers has urged the Centre to amend the Income Tax Act in the Union
UP labourer receives ₹7 crore income tax notice — What are the types of I-T notices and how to respond to them
A daily-wage labourer from an Uttar Pradesh village has allegedly received a shocking notice from the Income Tax Department saying
AMFI seeks tax relief, long-term equity investing incentives for mutual funds in Budget 2026-27
Ahead of the Union Budget 2026-27, the Association of Mutual Funds in India (AMFI) has released a set of industry recommendations
‘Tax Year’ replacing ‘Assessment Year’ in new income tax law: How it will impact taxpayers
The language of income tax laws has always been somewhat complex for ordinary taxpayers. Terms like Financial Year, Previous Year,
Budget 2026-27: Experts explain why the new tax regime still needs fixes
The new tax regime has steadily become the preferred choice for many taxpayers because of its simplicity and lower rates.
What to do if you receive an income tax notice
Under the latest provisions of the Finance Act, 2025, an income tax notice is a formal communication issued primarily to
Delhi HC quashes tax notices against NDTV founders Prannoy Roy, Radhika Roy; slaps 2 lakh costs on I-T dept
In a major relief for Prannoy Roy and Radhika Roy, the founders of New Delhi Television Ltd. (NDTV), the Delhi
Capital gains tax was meant to be simpler. Here’s why it feels harder now
Long-term capital gains taxation was meant to become simpler. Instead, it has left many investors second-guessing their decisions. Selling a
Income Tax searches offices, toll booths, houses of several groups over suspected tax evasion
The income tax department on Friday launched a large-scale search and seizure operation against entities operating in the real estate,
