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
Income Tax Recent News – 2026
NITI Aayog member Rajiv Gauba panel proposes shorter I-T reassessment window to reduce litigation, improve tax certainty
The High-Level Committee on Regulatory Reforms, chaired by NITI Aayog member Rajiv Gauba, has proposed further reducing the time available
After tax relief, India eyes easier FPI registration, compliance
India plans to simplify registration and compliance requirements for foreign portfolio investors (FPIs) after exempting them from paying taxes on
Trader gets ₹21 lakh tax demand over demonetisation cash, wins at ITAT
Cash deposited during the 2016 demonetisation period cannot be treated as unexplained income merely because it involved old currency notes,
UP: Unnao student receives Income Tax summons for Rs 20.98 crore transactions
An undergraduate student from Unnao has received a summons from the Income Tax Department regarding alleged income and business transactions
Yes Bank receives order determining Rs 879 crore income tax refund
Private sector lender informed stock exchanges on Monday that it has received a consolidated order giving effect (OGE), from the
ITAT allows Section 87A rebate on STCG under new tax regime; here’s what it means for ITR filing
Jaipur Income Tax Appellate Tribunal (ITAT) has recently held that taxpayers opting for the new tax regime cannot be denied
ITAT: Capital gains tax benefit available even if purchase deed for new flat comes later
In a ruling that could benefit taxpayers investing in under-construction or redevelopment projects, the Income Tax Appellate Tribunal (ITAT) has
Income Tax Act 2025: No need to reapply for PAN; existing PANs remain valid — CBDT clarifies
The Income Tax Department has released a comprehensive set of Frequently Asked Questions (FAQs) to address taxpayer concerns over the
Can the tax department deny TDS credit if your employer defaults? ITAT answers
For most salaried employees, the deduction of tax at source (TDS) from their monthly salary marks the end of their
