A Telangana woman successfully challenged an income-tax dispute involving substantial cash deposits and a property sale.
Can income tax officials take your PPF savings for unpaid tax dues? Know what the law says
Dealing with a tax demand? It's essential to grasp how the Income Tax Department can seize dues from different assets, w
A man received 16 lakh from his mother after she sold gold jewellery, but the Income Tax Department questioned the cash
UAE property owners have received communication from the income tax department regarding undisclosed assets. Taxpayers a
Supreme Court agrees to examine EY US plea in tax dispute
A bench led by Justice PS Narsimha sought a response from the income tax department on appeals filed by Ernst & Young US
I-T dept nudges UAE property owners as FAST-DS gets 1,100 declarations
The Income Tax Department is stepping up outreach to UAE property owners and other taxpayers as around 1,100 declaration
The ITAT has ruled that two adjoining flats may qualify as one residential house for Section 54F capital gains tax exemp
The Income Tax Department has reminded deductors that deducting TDS is only the first step. Filing quarterly statements,
Income Tax Department Chartered Accountant Recruitment 2026
Income Tax Department Gujarat has released the official notification for the post of Chartered Accountants for Special A
Understand which UPI transactions may attract a notice; understand the rules for cash transfers.
If a UPI transaction or a large cash deposit at a bank doesn't automatically result in a tax notice, the Income Tax Depa
Taxman uses chats, Excel sheets to dispute property sale value; ITAT quashes addition
The dispute concerned a man and his wife, who jointly owned a property in Delhi before selling it.The Income Tax Departm
Man skipped ITR, declared Rs 12.9 lakh income after notice; ITAT cancels 200% penalty
The man in this case failed to file his income tax return, and the Income Tax Department issued him a notice. He subsequ
How much gold and silver can you legally keep at home?
In a recent case before the ITAT Mumbai, the Income Tax Department carried out searches at a woman's residence and bank
Net direct tax collections rise 13.2 pc to Rs 13.38 lakh crore till October 14 in FY27
Digital Desk | Mumbai, Oct 15 (IANS) India's net direct tax collections grew 13.21 per cent year-on-year (YoY) to Rs 13.
Taxman adds Rs 55.2 lakh over joint Rs 80 lakh property; ITAT grants relief
A man bought a residential property jointly with his wife and his father. The Income Tax Department reopened his assessm
CBDT nudges 12,000 tax professionals to file audit reports by October 21
Under its SAKSHAM NUDGE initiative, the Income Tax Department has contacted professionals who have filed fewer than half
Rs 10L investment, different explanations: why ITAT deleted tax addition & penalty
The dispute arose after the income tax department received information about an investment of Rs 11.25 lakh made by a ma
An Income Tax department survey in Gurgaon's Badshahpur tehsil unraveled that a single fictitious Permanent Account Numb
Rs 2 cr deposit, no ITR, Rs 2.51 cr addition; ITAT quashes case due to 5 day delay
The Income Tax Appellate Tribunal (ITAT), Chennai, has quashed a reassessment involving Rs 2.51 crore additionals after
Digital Desk | Koppal (Karnataka), Oct 8 (IANS) Karnataka Deputy Chief Minister, G. Parameshwara, on Thursday said the p
Man deposits Rs 85.3 lakh given to him as cash gifts, gets notice; ITAT gives relief
In one such case in Chennai, a man received cash gifts of Rs 85.03 lakh from his relatives. The Income Tax Department be
Centre plans faceless CGST scheme in 3-4 months, seeks to cut taxpayer-officer interface
The Centre plans to launch a pilot faceless scheme under the Central Goods and Services Tax. The aim of the scheme is to
Rakul Preet Singh breaks silence on IT raid reports, clarifies, The search was not pertaining to me
Digital Desk | Mumbai, Oct 5 (IANS) Bollywood actress Rakul Preet Singh has addressed reports that linked her name to re
Kumaraswamy questions Shivakumar over alleged land purchases near NICE road by kin
Digital Desk | Bengaluru, Oct 3 (IANS) Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy, on Saturday ques
MTNL Board Approves Sale of Pawai Property to Income Tax Department for
MTNLs board has approved the sale of its Pawai property to the Income Tax Department for 891.53 crore, as part of asset
Vashu Bhagnani Hospitalised in London Amid Tax Probe
His hospitalisation comes after the Mumbai Income Tax Department conducted extensive searches at 12 locations linked to
Hefty checks, fake political parties: How scamsters pulled a Rs 700 crore tax fraud in Gujarat
Gujarat CID (Crime)'s Economic Offences Wing (EOW) has registered four FIRs following complaints from the Income Tax Dep
ITR filing date extended, big relief for businessmen
The deadline for filing income tax returns has recently been extended once again. Businesses and audit taxpayers now hav
I-T searches premises linked to film producers Kumar Mangat Pathak, Vashu Bhagnani
The Income Tax Department on Monday searched multiple Mumbai locations linked to Panorama Studios and film producers Kum
Gujarat: CID plans CA-assisted probe, forensic audit of records in political 'donation racket'
Digital Desk | Gandhinagar, Sep 28 (IANS) Gujarat CID Crime will conduct a forensic audit of records and reconstruct the
Are Gujarat unrecognised political parties a front for tax-evasion?
What does the Income Tax Department allege? How much money is involved? How was the money allegedly routed? When did the
Searches At 12 Places Linked To Actor Rakul Preet Singh, Bollywood Industry
The Income Tax Department is conducting searches at several locations linked to Bollywood actor Rakul Preet Singh, her f
I-T searches 12 properties linked to Rakul, Vashu Bhagnani
Mumbai: The Income Tax Department launched searches at 12 locations in Mumbai linked to actor Rakul Preet Singh, her fat
The Income Tax (IT) Department has launched extensive search operations at 12 locations across Mumbai connected to promi
The Income Tax Department is conducting searches at around 12 locations linked to people and companies from the film ind
ED searches 16 locations linked to Bengaluru-based firm
Digital Desk | Bengaluru, Sep 25 (IANS) The Enforcement Directorate (ED) has conducted searches at 16 premises linked to
Retired man deposits Rs 1.33cr, files no ITR; taxman sends notice, what ITAT said
The Income Tax Department also noted that the individuals had not filed an income tax return (ITR) for the relevant year
Bengal: RPF arrests Maha man at Howrah with Rs 67 lakh cash
Digital Desk | Kolkata, Sep 21 (IANS) A passenger was caught with bundles of notes at Howrah station in West Bengal, pol
Indian man in Kuwait faces Rs 3.63 crore tax case after no ITR
An Indian working in Kuwait, Narshibhai, faced a Rs 3.63 crore tax case after the Income Tax Department flagged large su
Delhi HC flags rampant fake GST registrations, orders biometric Aadhaar authentication
Digital Desk | New Delhi, Sep 10 (IANS) The Delhi High Court has directed authorities across the country not to allow an
Taxman seized womans gold, diamonds and silver; how she won case in ITAT
The matter began after the woman filed her income tax return (ITR) on August 12, 2019, declaring an income of Rs 1.34 la
Jarkiholi ED raids politically motivated as BJP targeting Dalit leader, says Karnataka CM
Digital Desk | Bengaluru, Sep 9 (IANS) Karnataka Chief Minister, D.K. Shivakumar, on Wednesday alleged that the Enforcem
ED raids on Minister Jarkiholi politically motivated, CM Shivakumar could be next: Priyank Kharge
Digital Desk | Bengaluru, Sep 9 (IANS) Karnataka Home and Information Technology Minister Priyank Kharge on Wednesday al
Savings Account Cash Deposit Rules: When Banks Report Transactions to the Income Tax Department
A savings account offers a convenient place to keep money, receive income and manage routine expenses. However, people w
GST returns, overseas investments, off-market stock deal come under AIS
The Income Tax Department is set to enhance its Annual Information Statement by incorporating additional data. This revi
ITR Filings For AY 2026-27 Cross 7.8 Crore, Set New Record
NEW DELHI, Sep 1: A record over 7.8 crore income tax returns (ITRs) have been filed for assessment year 2026-27 till Aug
Over 7.8 crore ITRs filed for AY 2026-27 till August 31
New Delhi: A record over 7.8 crore ITRs have been filed for assessment year (AY) 2026-27 till August 31, the income tax
Record 7.8 crore ITRs filed for AY26-27 as August 31 deadline ends
Over 7.8 crore Income Tax Returns were filed for AY 2026-27 by August 31. This marked the close of the revised statutory
ITR filing for AY27 touches record 78 million till August 31: I-T dept
A record over 7.8 crore ITRs have been filed for assessment year (AY) 2026-27 till August 31, the income tax department
Over 75 Million Non-Audit Tax Returns Filed for Assessment Year 2026-27: Income Tax Department
New Delhi, August 31: The Income Tax Department announced on Monday that over 75 million income tax returns (ITRs) have
New Delhi, August 31: The Income Tax Department has issued a final reminder to taxpayers with business or professional i
Income Tax Department conducts outreach programme for PACCS in Thoothukudi
Over 7 Million Income Tax Returns Filed for Assessment Year 2026-27
New Delhi, August 28: The Income Tax Department announced on Friday that over 7 million income tax returns (ITRs) have b
IPO Investment Income Tax: While investing money in IPO, it is necessary to be clear about the source of income and inve
I-T dept nudges non-audit taxpayers to file ITR before Aug 31 deadline
The income tax department on Monday nudged taxpayers with business or professional income who are not subject to audit t
Income Tax Vacancy 2026: Recruitment in Income Tax Department, Salary up to
Career Opportunities for Sportsperson: Recruitment has come for sportspersons in the Income Tax Department. Applications
Bengaluru: Police, I-T dept seize Rs 10.3 cr, probe money trail
Bengaluru: A joint operation by the Income Tax Department and Electronic City police has led to the seizure of more than
9 crore cash seized from car going from Bengaluru to Tamil Nadu
The cash was seized by the Income Tax Department
Income Tax Sleuths Seize Rs 9 Crore Cash From Car Near Bengaluru, More From Tamil Nadu
The interception took place on the night of August 18, following a request from the Income Tax Department to Bengaluru C
Income Tax Department Recruitment 2026: 10th Pass Candidates Can Apply for Canteen Attendant Posts
Government job aspirants who have completed Class 10 have a new recruitment opportunity with the Income Tax Department.
9 Crore Cash Seized in Bengalurus Electronic City, Gold Trader Detained
Bengaluru, August 21: Income Tax officials seized approximately 9 crore in cash from a car registered in Kerala near the
Income Tax Department Conducts Raids Across 4 Gujarat Cities; Shipping Firm, CAs Under Scanner
Income Tax Department raids are underway across Ahmedabad, Gandhidham, Mundra and Rajkot over alleged fake Form 15CB, pa
Suspicious foreign remittances under I-T dept scanner
The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by
Suspicious foreign remittances under income tax department scanner
The income tax department has launched a drive to verify suspicious foreign remittances by entities with little or no re
ITR Refund Status: How to Check Income Tax Refund Status Online for AY 2026-27?
How to check ITR Refund Process: Income Tax Department has provided digital options like e-filing and NSDL/Protean porta
Cash Seized from Taxi Drivers Home in Madhya Pradesh Raises Questions
Bhopal, August 18: In a significant operation, police in Madhya Pradeshs Sagar district seized 3.02 crore in cash from t
Fire Breaks Out At Income Tax Office Building In Mumbai's Churchgate
According to preliminary information, the Mumbai fire brigade received a call at 2.01 pm reporting a fire in the basemen
Income Tax Department Launches One-Time Foreign Assets Disclosure Scheme For Small Taxpayers
This scheme will be effective from August 16 and under this, online declarations can be filed till December 31, 2026. Th
Got a mistake in your PAN card? How to correct your name, date of birth, or address online?
If your PAN card contains incorrect name, date of birth, address, or other personal details, there's no need to obtain a
Centre steps in with jobs, Kerala govt boosts by awarding cash rewards for sporting personalities
Thiruvananthapuram, Aug 14 (IANS) Four Malayali sportspersons have received the Centres recognition in the form of gover
E-PAN can be generated in 10 minutes from home, know the complete process
Now there is no need for long process and fees to get PAN card made. Eligible people making PAN for the first time can a
Direct Tax collection surges 23.09% to
Indias net direct tax collection has crossed 8.11 lakh crore in the current financial year, registering a growth of 23.0
Income Tax Notice After Filing ITR: If even the slightest discrepancy is found in the data available with the Income Tax
E-Pan Card: Income Tax Department has started Tatkal E-PAN facility, through which now PAN card can be made for free in
Lower or nil TDS certificates to go fully online soon, rules being framed
New rules are being prepared for electronic applications for lower TDS certificates. Taxpayers can soon apply online for
Income Tax Refund Delayed? 5 Common Reasons Your ITR Refund May Still Be Pending
Income Tax Refund Delay: Filed your Income Tax Return but still waiting for the refund to reach your bank account? A del
Tax Deadline Passed: What You Need to Know About ITR Filing in India
New Delhi, August 2: The deadline for filing Income Tax Returns (ITR) on July 31 has now passed, with a significant numb
Revanth Reddy Attacks Modi After Dharmendra Pradhan's Resignation
He said youth fought from the streets to Parliament and defeated Modiji.Modi ji has become used to suppressing whatever
FM Sitharaman asks I-T Department to separate genuine errors from wilful tax evasion
Finance Minister Nirmala Sitharaman called on the Income Tax Department to embrace a more taxpayer-friendly attitude. Sh
Finance minister Nirmala Sitharaman asks I-T officials to ease burden on honest taxpayers
Finance Minister Nirmala Sitharaman urged tax officials to ensure taxpayer convenience. She stressed firm action against
How a Meerut slum woman masterminded a Rs 357 crore income tax return fraud from a 25-sq-yard home
The Income Tax Department has uncovered a large tax refund fraud racket. A 30-year-old woman allegedly created fake dedu
Delhi government plans global tender for 'Twin Towers' Secretariat building project
Delhi government plans a global tender for constructing new twin-towers Secretariat. This ambitious project aims to cons
AIS now includes foreign assets, income data
The Income Tax Department now shows foreign asset details in annual statements. This move aims to improve voluntary tax
The Income Tax Department said over 1.7 crore taxpayers have filed Income Tax Returns for AY 2026-27 and urged eligible
Over 17 Million Tax Returns Filed for Assessment Year 2026-27, Says Income Tax Department
New Delhi, July 11: The Income Tax Department announced on Saturday that over 17 million tax returns (ITRs) have been fi
Income Tax Department opposes same-sex couples plea for tax exemption on gifts
Bombay High Court told Section 56(2)(x) exemption applies only to relationships recognised as marriage under Indian law;
TMC slams ED after Rs 440.42 crore in party accounts frozen
The party said the funds in question are fully disclosed, with donation transactions duly reported to the Election Commi
Income tax department slaps notices on foreign investors with no earnings
Foreign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was e