Rs 54 lakh cash deposit avoids taxation: Why property dealer won case
Tax officials regarded a Rs 54 lakh cash deposit into a property dealer’s personal bank account as unexplained income. The
Income Tax Recent News – 2026
Taxation, Payment and Settlement Systems amendment get President’s nod
President Droupadi Murmu has given her assent to the Taxation and Other Laws (Amendment) Act, 2026, and another law to
Income Tax officials discuss administrative, functional issues at Jaipur conference
Discussions were held on various administrative and functional issues of the Income Tax Department at a conference of its senior
NRI’s Dubai life insurance payout triggered ₹40 lakh tax dispute, why ITAT ruled in his favour
An Indian resident who bought a life insurance policy while working in Dubai has won a tax dispute after the
Income-Tax Notice Seeking Rs 6,000 Is Fake: Here’s What Taxpayers Should Do
Received an Income Tax Department (ITD) notice asking you to deposit Rs 6,000? Before reaching for your wallet, check where
Why Delhi HC has directed not to process ITRs of Supreme Court and High Court Judges’ under new tax regime
The Delhi High Court has directed the Income Tax Department not to process the income tax returns of judges of
Direct Tax Vivad Se Vishwas scheme: CAG flags delays up to 1,398 days, incorrect tax calculations
The Comptroller and Auditor General of India (CAG) has flagged delays, incorrect tax calculations, rejected eligible applications and revenue losses
Taxpayer failed to disclose UAE bank account and foreign shares in ITR: ITAT Delhi upholds ₹1.86 lakh penalty
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld a ₹1.86 lakh penalty under the Black Money
New Delhi Secretariat building to come up at ITO; Income Tax Office to get new building
The Delhi government has identified 10 acres of land to develop its new secretariat at ITO, which involves shifting of
Under scanner: Taxpayers get Income Tax notices over undisclosed foreign assets
The income tax department has widened its scrutiny of Gujarat residents who bought homes and other assets abroad, by issuing
