Company’s income not taxable in shareholders’ hands: HC
The Delhi High Court has ruled that shareholders, even if they hold 100% equity, own only shares and not the company’s assets, […]
Income Tax Recent News – 2026
Rs 1 crore gold seized from taxpayer during search with no purchase bills — can it be taxed? ITAT ruling explains
A recent ruling by the Income Tax Appellate Tribunal (ITAT) has once again highlighted how Indian tax laws recognise the
Sebi Urges CBDT to Allow Safer ‘Authorised Signatories’ Route for FPIs
In a growing tussle between regulators, the Securities and Exchange Board of India (Sebi) has proposed to the Central Board
Mismatch between IBC and tax law clouds loss carry-forward benefits
A growing conflict between insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities
Cash gifts from family can be taxed if source, creditworthiness not proven, rules ITAT
Large cash transactions within families often come under the scanner of the income-tax department, especially when the source and financial
Sunetra Pawar gets relief: ITAT quashes ‘undisclosed income’ of Rs 32 crore
In her capacity as legal heir of her late husband, deputy CM Sunetra Ajit Pawar has secured relief from the
Man pays Rs 11.83 lakh credit card bill, faces tax addition on entire amount as I-T dept flags it as income — ITAT steps in
Frequent or high-value credit card usage can bring you under the tax department’s radar through Statement of Financial Transactions (SFT)
New income tax rules: How to apply for lower or nil TDS/TCS via Form 128
The Income-tax Department has introduced Form No. 128, replacing the earlier Form 13, as part of the transition to the
ITR filing not required: Income Tax Act 2025 allows these taxpayers to use Form 125 — check eligibility
Filing an Income Tax Return (ITR) every year can be a tedious task especially for elderly taxpayers who depend mainly on pension
Alkem Labs Slapped with Rs 333 Crore Tax Demand, Plans Appeal
Alkem Laboratories Limited has received an order from the Income Tax Department pertaining to the assessment year 2023–24, involving a
