Sold house for ₹1.10 crore, tax computed on ₹1.96 crore? ITAT explains when Section 54 relief is still available
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has clarified that taxpayers may still be eligible for capital
Income Tax Recent News – 2026
No proposal under consideration to scrap LTCG tax on equities, government clarifies
The central government on Monday said there is no proposal at present to abolish the long-term capital gains (LTCG) tax
Can builder’s loose papers lead to an income tax notice? ITAT explains the law
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Income Tax Department cannot treat an
Once Income Tax dept accepts sales, it can’t doubt purchase: ITAT
The Income Tax Appellate Tribunal bench has said that once the I-T department accepts sales and calculates income tax based
‘Salaried employees lured by high refunds’: From Meerut slum, 30-year-old woman engineers Rs 357 crore tax fraud
Income Tax (I-T) department has unearthed a massive, nationwide fraudulent tax refund racket allegedly masterminded by a 30-year-old woman operating
Ranchi Income Tax surveys detect Rs 50 crore undisclosed income at realty groups
Income Tax (I-T) investigation wing has claimed to have detected undisclosed income worth around Rs. 50 crore during surveys conducted
No treaty relief for British Airways’ ground handling income, ITAT denies India-UK treaty relief
The Income Tax Appellate Tribunal (ITAT) has ruled that British Airways is liable to pay tax in India on income
ITR filings likely to rise as tax compliance improves: Experts
Income tax return (ITR) filings are expected to increase by 8-10 percent in AY 2026-27, extending the steady growth seen
Tax arbitrage drives crypto futures to 80% of India’s trading volume
Tax arbitrage is driving most of Indian crypto trading away from spot markets to derivatives or futures, according to crypto
Can third-party documents alone trigger a tax demand? ITAT explains when the Income Tax Department can act
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has reiterated that the Income Tax Department cannot raise an
