Kanpur man wins tax battle after losing Rs 1.95 crore through wife’s trading account: ‘Income generated from…’
A Kanpur man is making headlines after he received relief from the Income Tax Appellate Tribunal (ITAT) in a case
Income Tax Recent News – 2026
Foreign portfolio investors pour ₹35,000 crore into Indian bonds in June after tax exemption
Foreign portfolio investors put in around ₹35,000 crore so far this month in Indian bonds after the government exempted them
Taxpayer gets second chance despite missed e-verification deadline
Many taxpayers believe their compliance responsibility ends once the income tax (I-T) return is uploaded. But, an additional process is
Employers told to analyse mismatches in salary filings
As part of its crackdown on bogus claims, the income tax department has advised employers to analyse mismatches in their
Taxman to track slipping sectors & top tax payers
The Central Board of Direct Taxes (CBDT) has directed its zonal income tax heads to keep a close watch on
Lottery and prize money in ITR 2026: Tax rate, TDS and reporting rules taxpayers should know
Many taxpayers who win lottery prizes, game show rewards or online gaming payouts believe that once TDS has been deducted,
Major capital gains tax relief for homebuyers
A recent ruling by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has come as a major relief
Tax relief, RBI measures spark $2.68-billion foreign rush into Indian debt
After remaining largely on the sidelines for several months, foreign investors have returned to Indian debt markets, buying government securities
CBDT: 6 Taxpayer Categories Face Scrutiny
The Central Board of Direct Taxes (CBDT) has issued guidelines for the compulsory selection of income tax returns (ITRs) for
Supreme Court rejects plea challenging Income Tax break to STs in North East
The Supreme Court refused to entertain a petition challenging the income tax exemption given to Scheduled Tribes residing in specified north-eastern states and certain other notifiable
