ITR 2026: 6 benefits of filing your income tax return before the deadline of 31st July
An Income Tax Return (ITR) is more than just a statement of income submitted to the tax department. From claiming […]
Income Tax Recent News – 2026
Income-Tax (Amendment) Ordinance, 2026: Interest and Capital Gains on Government Securities Fully Exempted for Foreign Institutional Investors and Bank for International Settlements
The President of India, Smt. Droupadi Murmu, has promulgated The Income-tax (Amendment) Ordinance, 2026 (Ordinance No. 2 of 2026) on
Income Tax department to move Supreme Court against HC relief in public trust row
The squabble between India’s public trusts and tax authorities is about to boil over to the Supreme Court (SC). The
Man invests Rs 9.6 lakh in crypto, books over Rs 3 lakh loss; gets Rs 88 lakh tax demand – ITAT intervenes
A taxpayer who said he invested only around Rs 9.6 lakh in Bitcoin trading and eventually incurred a loss found himself facing
‘Nil income’ claim vs Rs 4.5 lakh ITR: Court sets aside wife’s maintenance over income tax
Income tax returns became the deciding factor in a maintenance battle before the Allahabad High Court, which set aside a family court order granting Rs 8,000
TDS cannot be denied even if Income Tax return is not filed: ITAT
In a peculiar case, income-tax officials during reassessment considered the entire income reflected in Form 26AS as taxable in the
10 ITR filing mistakes that could leave taxpayers paying more
As the income tax return (ITR) filing season for FY 2025–26 (AY 2026–27) approaches, taxpayers are advised to exercise caution
Industry asks Centre to cut FPI withholding tax on debt securities to 5%
The Centre has received representations from industry to cut the withholding tax on interest income earned by foreign investors from
Spouse’s name on property papers not enough to tax sale proceeds: ITAT
If a spouse’s name is added to a property merely for convenience or security, the income-tax (I-T) department cannot automatically
ITR filing 2026: 5 key points that first-time taxpayers should know
Filing an income tax return (ITR) for the first time can feel confusing, especially with different ITR forms and new
