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Income Tax Department News

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7 crore ITRs filed: I-T dept says 'don't wait for last minute' ahead of 31 August deadline for non-audit taxpayers

The income tax department said more than seven crore ITRs had been submitted as of 27 August.

Livemint 28 Aug 2026 11:15 pm

Foreign assets disclosure: Key FAST-DS rules Income Tax Department wants taxpayers to know

The Income Tax Departments FAST-DS scheme gives eligible taxpayers a limited window to disclose certain foreign assets.

Livemint 28 Aug 2026 5:18 pm

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

Morningstar 28 Aug 2026 3:24 pm

Indian taxpayer gets relief in an undisclosed foreign assets case

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has rejected an appeal by the Income Tax Department in a cas

NewsBytes 25 Aug 2026 7:39 pm

IPO Investment Tax Notice Rules: Investing in too many IPOs could result in an income tax notice? Learn the rules.

IPO Investment Income Tax: While investing money in IPO, it is necessary to be clear about the source of income and inve

informalnewz 25 Aug 2026 1:02 pm

Undisclosed foreign assets: ITAT rejects Income Tax Department appeal, upholds taxpayers relief under Black Money Act

Delhi ITAT has dismissed the Income Tax Departments appeal in a Black Money Act case involving alleged undisclosed forei

Livemint 25 Aug 2026 12:12 pm

5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer

ITAT Delhi has directed the Income Tax Department to issue a 5.31 lakh refund with interest to a taxpayer who claimed it

Livemint 25 Aug 2026 8:09 am

Delhi HC raps I-T dept over Rs 53 crore Vodafone Idea refund delay

The Delhi High Court has ordered the income tax department to refund Vodafone Idea 53.09 crore. This refund is for asses

The Economic Times 25 Aug 2026 12:09 am

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

Business Standard 24 Aug 2026 6:10 pm

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

informalnewz 24 Aug 2026 9:38 am

Used UPI or NEFT for a large payment? Heres what the Income Tax Department may actually look at

UPI, NEFT, RTGS and IMPS payments do not automatically trigger an income tax notice, but unexplained transactions can at

Livemint 24 Aug 2026 8:24 am

Income Tax Department explains how to choose between ITR-3 and ITR-4: Quick checklist for taxpayers

Confused between ITR-3 and ITR-4 for AY 2026-27? The Income Tax Department has shared a quick checklist to help taxpayer

Livemint 23 Aug 2026 6:33 pm

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

The Siasat Daily 21 Aug 2026 8:35 pm

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

Deccan Chronicle 21 Aug 2026 3:37 pm

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.

Kalam Times 21 Aug 2026 1:15 pm

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

Morningstar 21 Aug 2026 12:44 pm

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

Web Dunia 19 Aug 2026 3:26 pm

DVAC Conducts Raids at Over 40 Locations in Tamil Nadu Over Transformer Purchase Scam

Chennai, August 19: The Directorate of Vigilance and Anti-Corruption (DVAC) launched a significant operation on Wednesda

Morningstar 19 Aug 2026 11:54 am

Income Tax Department Launches Nationwide Verification Of Suspicious Foreign Remittances

SRINAGAR: The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances

KashmirLife 18 Aug 2026 9:38 pm

Suspicious foreign remittances under I-T dept scanner

The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by

Rediff 18 Aug 2026 9:04 pm

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

Business Standard 18 Aug 2026 6:04 pm

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

Morningstar 18 Aug 2026 4:55 am

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

NDTV 17 Aug 2026 3:34 pm

Small taxpayers can declare undisclosed foreign assets by December 31, the scheme will start from August 16.

This scheme will be effective from August 16 and under this, online declarations can be filed till December 31, 2026. Th

informalnewz 15 Aug 2026 8:00 pm

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

Kalam Times 15 Aug 2026 3:13 pm

Income Tax Department rolls out foreign asset disclosure scheme for small taxpayers

Declarations can be made till December 31, 2026

The Hindu Businessline 15 Aug 2026 11:28 am

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

bhaskarlive 14 Aug 2026 2:32 am

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

informalnewz 13 Aug 2026 4:01 pm

Income Tax Dept Stenographer Grade - I Recruitment 2025 - Apply Offline for 100 Posts

Income Tax Department has Recruits 100 Stenographer Grade - I Posts. Candidates Can Apply on or before 31-03-2025.

FreeJobAlert 11 Aug 2026 4:10 pm

ITR Notice: Even filing your ITR on time could result in an income tax notice! Learn how to protect yourself.

Income Tax Notice After Filing ITR: If even the slightest discrepancy is found in the data available with the Income Tax

informalnewz 11 Aug 2026 7:18 am

e-PAN Card Download: Now you can get free e-PAN from home in minutes using Aadhaar, step-by-step process

E-Pan Card: Income Tax Department has started Tatkal E-PAN facility, through which now PAN card can be made for free in

informalnewz 10 Aug 2026 9:00 pm

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

The Economic Times 10 Aug 2026 2:55 pm

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

Kalam Times 10 Aug 2026 6:45 am

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

Morningstar 2 Aug 2026 7:55 am

ITR Filing Deadline Ends Today; Income Tax Department Urges Taxpayers Not to Miss Last Chance

New Delhi, July 31: Today, July 31, 2026, is the last date to file Income Tax Returns (ITR) for eligible taxpayers. The

Udaipur Kiran 31 Jul 2026 9:07 am

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

Deccan Chronicle 26 Jul 2026 4:29 pm

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

The Economic Times 24 Jul 2026 7:54 pm

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

The Economic Times 18 Jul 2026 4:02 pm

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

The Economic Times 17 Jul 2026 7:11 pm

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 Economic Times 17 Jul 2026 12:25 am

Over 1.7 Crore Taxpayers File ITRs for AY 2026-27; Income Tax Department Urges Others to File Before Deadline

The Income Tax Department said over 1.7 crore taxpayers have filed Income Tax Returns for AY 2026-27 and urged eligible

Web Dunia 12 Jul 2026 4:44 pm

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

Morningstar 11 Jul 2026 5:15 pm

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;

The Hindu 9 Jul 2026 3:58 pm

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

Deccan Chronicle 9 Jul 2026 7:25 am

Supreme Court on Company Law - Compendium of Cases Third Edition - Another Landmark Publication by Aseem Chawla, Senior Advocate

Aseem Chawla, Senior Advocate, a distinguished Tax & Business Lawyer, has unveiled the Third Edition of Supreme Court on

News Voir 23 Jun 2026 10:59 am

Understanding Revised Income Tax Returns: A Guide for Taxpayers

New Delhi, June 21: Filing income tax returns (ITR) often comes with its share of mistakes. Taxpayers may forget to repo

Morningstar 21 Jun 2026 10:39 am

Indias Gross Tax Collection Sees 12.46% Growth in April-June 2026

New Delhi, June 18: Indias gross tax collection for the April-June period of the fiscal year 2026-27 has increased by 12

Morningstar 18 Jun 2026 9:19 pm

Essential Tax Calculation Tips for Salaried Individuals

New Delhi, June 12: Tax calculation for salaried individuals can be quite complex. Often, incorrect tax calculations lea

Morningstar 12 Jun 2026 2:29 pm

Paying tax won't legitimise cash stashes

The taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Inco

The Economic Times 8 Jun 2026 12:28 am

ed-raids-on-pinarayi-vijayan-indian-rupee1836-crore-frozen-across-242-bank-accounts-incriminating-records-found

After raiding premises linked to former Kerala Chief Minister Pinarayi Vijayan, his son-in-law and former minister Moham

The Week 27 May 2026 11:45 pm

Income Tax Department enables online ITR-2 filing for AY27

Online filing and Excel utility for ITR-2 for AY 2026-27 are now enabled on the e-filing portal, says Income Tax Departm

The Hindu 27 May 2026 9:17 pm

IT dept enables online ITR-2 filing for AY27

NEW DELHI, May 27: The Income Tax Department on Wednesday enabled online filing of ITR-2 for the assessment year 2026-27

Daily Excelsior 27 May 2026 3:50 pm

Rs 400 crore agricultural income but no land: CBDT digs up names of rich farmers without farms

Tax authorities have uncovered a major scam involving fake agricultural income claims. Over 300 individuals claimed exem

The Economic Times 22 May 2026 12:27 pm

IT department enables online filing of ITR-1, ITR-4

NEW DELHI, May 15: The Income Tax department on Friday enabled online filing of ITR-1 and ITR-4, which are filed by smal

Daily Excelsior 15 May 2026 5:37 pm

Punjab CM Accuses BJP of Misusing Central Agencies for Political Gain

Mumbai, May 9: Punjabs political landscape is heating up following a raid by the Enforcement Directorate (ED) at the res

Morningstar 9 May 2026 1:47 pm