CAs flag SGB tax change, dividend rules in post-Budget memo
A chartered accountants’ body has raised concerns over several tax proposals in the Finance Bill, including changes affecting Sovereign Gold […]
Income Tax Recent News – 2026
Income Tax Notices On The Rise: Most Common Red Flags That Get Taxpayers Scrutinised
Dozens of senior executives earning over Rs 50 lakh annually have recently received income tax notices after the Income Tax
LoP in LS Rahul Gandhi urges FM Nirmala Sitharaman to withdraw tax on disability pensions, boost ECHS funds
Leader of the Opposition in the Lok Sabha, Rahul Gandhi, on Saturday wrote to Finance Minister Nirmala Sitharaman, urging the
Retd income tax officer gets 4 years in jail for taking Rs 15,000 bribe
Adjudicating a seven-year-old graft case, a special Anti-Corruption Bureau (ACB) court in Rajkot sentenced an income tax officer, now retired,
NRI missing ITR filing slapped with 78% tax notice on property payment — ITAT steps in
When an Australia-based Non-Resident Indian (NRI) bought a Rs 32 lakh flat in India, he did not expect a tax
High-value transaction not disclosed? Tax officials may still spot it
Some taxpayers assume that non-disclosure in an Income Tax Return (ITR) allows transactions to go unnoticed, but this is no
T.N. Assembly election: Income Tax Dept. sets up 24×7 control room
The Director-General of the Income-Tax (Investigation), Tamil Nadu and Puducherry, has set up a 24×7 control room, following a direction
Karnataka High Court lays down procedure to access spouse’s income-tax returns in matrimonial disputes
The Karnataka High Court has issued comprehensive guidelines for spouses to obtain income tax returns and financial records of their
ITAT Rules Rs 33 Lakh Family Property Transfer Not Taxable
A woman declaring annual income of about Rs 3.4 lakh will not be taxed on a Rs 33 lakh property
New Income Tax forms provide for tenant-landlord relationship disclosure for claiming tax deduction
The government has come out with draft income tax forms that seek disclosure of tenant-landlord relationship for claiming I-T deductions
