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Income Tax : The Income-tax Act, 2025 continues the old specified professions framework without addressing longstanding classification issues. ...
Income Tax : The Supreme Court dismissed the Revenue's review petitions and reiterated that payments for off-the-shelf software do not constitu...
Income Tax : A detailed overview of limitation periods prescribed under the Income-tax Act reveals how missing statutory deadlines can lead to ...
Income Tax : Budget 2026 has extended the due dates for ITR-3, ITR-4, and revised returns, offering taxpayers greater flexibility. Understandin...
Income Tax : Relocating to Sikkim does not automatically exempt you from income tax. This article explains who qualifies under Section 10(26AAA...
Income Tax : The CBI apprehended an Income Tax Office Superintendent in Odisha after he was allegedly caught accepting a bribe for deleting a d...
Income Tax : The Income Tax Appellate Tribunal has proposed a priority disposal mechanism for appeals filed up to and including 2022 in respons...
Income Tax : A representation has urged CBDT to merge TDS return codes 1023 and 1024, arguing that both apply to the same contract payments wit...
Income Tax : Association requested CBDT to rationalize CASS 2026 case selection considering the administrative burden caused by implementation ...
Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...
Income Tax : The Tribunal held that an incomplete document recovered from an employee's laptop could not justify an addition under Section 69 w...
Income Tax : The ITAT held that once registration under Section 12AB was ultimately granted on the basis of the original application, the doctr...
Income Tax : The ITAT Chennai ruled that funds received by a Chartered Accountant for remitting clients' taxes could not be treated as unexplai...
Income Tax : ITAT Mumbai held that appellate forums can entertain additional claims even without a revised return. The matter was remanded to t...
Income Tax : The Telangana High Court held that recovery proceedings under Section 226(3) cannot automatically extend to a daughter's bank acco...
Income Tax : The CBDT has identified specific categories of taxpayers whose returns will be compulsorily selected for complete scrutiny during ...
Income Tax : The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and...
Income Tax : The Central Government has specified infrastructure sub-sectors from the Updated Harmonised Master List as eligible businesses und...
Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, enabling eligible donations to qualify for tax benef...
Income Tax : CBDT has granted scientific research approval under the Income-tax Act, 2025, allowing eligible donations to qualify for tax benef...
ITAT Delhi considers penalty for alleged inaccurate income particulars concerning a Section 54F exemption claim, with conflicting views on concealment versus incorrect claim.
Three Income Tax Department officials, including an Assistant Director, were arrested by the CBI in Patna for accepting a Rs. 2 lakh bribe related to a seized amount.
The Calcutta High Court dismissed an appeal by Mukul Mahanta challenging an income tax assessment, directing the petitioner to file a statutory appeal within 30 days.
Delhi High Court sets aside income tax notices against Neeraj Bharadwaj, ruling assessments under Section 153C require incriminating material relevant to specific assessment years.
Simplify your ITR-2 filing for AY 2025-26 with this step-by-step guide, covering capital gains, property sales, and navigating the e-filing portal.
ITAT Mumbai upholds deletion of deemed rental income on unsold flats and Section 14A disallowance for Haware Constructions, citing judicial precedents.
The ITD has been closely watching tax filings and using smart tools, like data analysis and even artificial intelligence (AI), to spot patterns that just don’t add up. They’ve found that these fake claims aren’t always accidental; sometimes, they’re part of organized schemes, often involving people who pretend to be tax advisors but are actually just helping others cheat.
Learn how non-residents can avail beneficial tax rates under DTAA when receiving Indian income, based on Section 90(2) and key judicial precedents.
Understand the severe repercussions of not filing income tax returns in India, including penalties, legal actions, and lost financial benefits. Take proactive steps to comply and safeguard your financial security.
Ahmedabad ITAT deletes Rs. 2.53 lakh addition for alleged client code modification, citing lack of evidence against taxpayer Sahil Shah.
