Flipkart co-founder denied tax relief as ITAT rejects ‘non-resident’ status claim
The Income Tax Appellate Tribunal (ITAT) Bengaluru bench has dismissed non-Indian resident claims made by Binny Bansal, the co-founder of […]
Income Tax Recent News – 2026
Explainer: Simplified Income Tax Act, 2025, to come into force from April 1, 2026
Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the
Budget 2026-27: From tax relief to crypto clarity, what Indian taxpayers really, really want
Ahead of Budget 2026-27, Indian taxpayers are seeking relief, simplicity, and stability amid rising living costs and changing financial habits.
HUL slapped with Rs 1,560 crore income tax demand for FY22; company says no material impact, plans appeal
Hindustan Unilever (HUL) has received an income tax assessment order along with a demand notice of Rs 1,559.69 crore for
Income tax refund complaints piling up
Less than 15 per cent of complaints against the Central Board of Direct Taxes (CBDT) were resolved during the first
India’s taxpayers move beyond salary as multi-income filings surge: Reports
India’s taxpayer profile is undergoing a structural shift, with more individuals earning from multiple sources rather than relying only on
Budget 2026-27: Will Income tax overhaul continue? What salaried Indians can expect from FM Sitharaman
Tax Budget 2026 expectations: With the Union Budget just weeks away, salaried employees are once again looking to the government
Budget 2026 wishlist: TDS cut, tax relief and clarity for crypto assets
As Budget 2026 nears, India’s crypto industry is asking the government to ease existing tax rules introduced in 2022. Industry
ITAT Chandigarh Allows Section 87A Rebate on Long-Term Capital Gains from Debt Mutual Funds; Tax Demand Set Aside
The Income Tax Appellate Tribunal (ITAT), Chandigarh, has provided significant relief to taxpayers by allowing the benefit of rebate under
Tax refunds delayed: Data checks, nudges slow ITR processing for AY 2025-26; what taxpayers can do
Even weeks after the December 31 deadline for filing belated income tax returns, a sizeable number of taxpayers are still
