Parliamentary panel flags staff shortage at ITAT, seeks timely filling of vacancies
A Parliamentary Committee has recommended timely and continuous filling of vacancies in the judicial, registry, and support cadres of the
Income Tax Recent News – 2026
Can you claim Section 54 tax exemption for buying two residential flats? Here’s what the ITAT ruling says
Can you claim tax exemption under Section 54 if the investment involves two flats? A recent Mumbai Income Tax Appellate
Over 7 crore income tax returns filed ahead of August 31 deadline for ITR-3, 4, 5 and 7
More than 7 crore income tax returns have already been filed for Assessment Year 2026-27, reflecting strong participation from taxpayers
Solara Active Pharma gets ₹162-crore tax demand reduced to zero
Solara Active Pharma Sciences said on Friday, August 28, that the Income Tax Department has reduced a ₹161.92-crore tax demand
Nagpur man owned 2.4 kg of jewellery, 1.3 kg seized in tax raid; ITAT says this
How much gold jewellery can you keep at home before the taxman starts asking questions? A recent Income Tax Appellate
Can retirees claim enhanced ₹25L leave encashment exemption for pre-2023 years? ITAT ruling explained
Retirees who earlier received only ₹3 lakh in leave encashment tax exemption before 2023 may now qualify for relief. The
VRS payout tax: Is severance pay taxable? Pune ITAT rules ₹65.21 lakh Pfizer retirement payout was not taxable
A ₹65.21 lakh payment received by a former Pfizer Healthcare India employee under a voluntary retirement scheme (VRS) is not
CBI books two income tax officials for bribery
The Central Bureau of Investigation (CBI) has registered a case against two income tax officials and a private company partner
Attention GST-registered taxpayers: Know right ITR form, turnover reconciliation and key checks for AY 2026-27
As the ITR filing deadline of 31 August for AY 2026-27 approaches for individuals with business or professional income whose
Reliance Jio gets tax relief as ITAT deletes ₹11,003 cr disallowance
The Income Tax Appellate Tribunal (ITAT) has deleted a ₹11,003-crore tax disallowance against Reliance Jio Infocomm for the assessment year
