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Income Tax Department News

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Got a stipend while studying? 18.34 lakh ITAT case explains when students can claim income-tax exemption

A postgraduate medical student received 18.34 lakh as a stipend from Aligarh Muslim University, but the Income Tax Depar

Livemint 16 Sep 2026 7:13 am

Student gets Rs 18.34 lakh stipend from university and pays no income tax; gets notice from Income Tax Department; she wins the case in ITAT Delhi for this reason

Student gets Rs 18.34 lakh stipend from university for PG studies and pays no tax; Tax dept sent notice; She wins case i

The Economic Times 15 Sep 2026 6:38 pm

Tax rebate on short-term gains under dispute? ITAT gives taxpayer relief in a fresh ruling

The Nagpur ITAT has upheld a 23,494 Section 87A rebate claimed by a taxpayer on short-term capital gains under Section 1

Livemint 14 Sep 2026 11:15 am

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

The Siasat Daily 11 Sep 2026 5:23 pm

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

bhaskarlive 10 Sep 2026 6:25 pm

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

The Times of India 10 Sep 2026 11:07 am

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

bhaskarlive 9 Sep 2026 12:44 pm

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

Kalam Times 9 Sep 2026 8:44 am

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

The Economic Times 5 Sep 2026 12:17 am

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

The Northlines 1 Sep 2026 3:06 pm

Over 78 Million Income Tax Returns Filed for Assessment Year 2026-27

New Delhi, September 1: The Income Tax Department announced on Tuesday that over 78 million Income Tax Returns (ITRs) ha

Daily Kiran 1 Sep 2026 12:15 pm

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

The Siasat Daily 1 Sep 2026 10:46 am

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

The Economic Times 1 Sep 2026 9:36 am

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

Business Standard 1 Sep 2026 9:35 am

Final Deadline Approaches for ITR Filing: Tax Department Urges Non-Audit Taxpayers to File Returns Promptly

New Delhi, August 31: The Income Tax Department has issued a final reminder to taxpayers with business or professional i

Daily Kiran 31 Aug 2026 2:59 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

Daily Kiran 28 Aug 2026 3:24 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

Major Financial Scandal Unfolds in Jaipur: CA Accused of Issuing Fraudulent Certificates

Jaipur, August 25: A significant financial scandal has emerged in the capital of Rajasthan, Jaipur. The Income Tax Depar

Daily Kiran 25 Aug 2026 12:54 pm

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

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

Daily Kiran 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

Daily Kiran 19 Aug 2026 11:54 am

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

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

informalnewz 18 Aug 2026 1:01 pm

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

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

newspoint 12 Aug 2026 10:09 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

Daily Kiran 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

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

The Economic Times 24 Jul 2026 11:57 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

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

Daily Kiran 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

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

The Economic Times 5 Jul 2026 11:52 pm

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

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

Daily Kiran 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

Daily Kiran 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

ed-probe-linked-to-veena-vijayan-case-gets-major-boost-as-kerala-high-court-rejects-cmrls-petition

In a significant setback to Cochin Minerals and Rutile Limited (CMRL) as well as former Kerala CM Pinarayi Vijayan, the

The Week 26 May 2026 8:45 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