Income Tax News
CBDT Launches NUDGE Campaign to Correct Ineligible Tax Deductions for AY 2025-26
24 December 2025 at 09:26CBDT urges taxpayers to review potentially ineligible deduction and exemption claims flagged by data analytics and revise ITRs by December 31, 2025.
No Routine Access to Social Media, Emails Under Income Tax Act 2025: PIB Clarifies
23 December 2025 at 09:40PIB Fact Check clarifies that the Income Tax Department has no routine power to access social media or emails from April 2026. Digital access applies only during search and survey cases.
Income Tax Algorithm Error Flags Unlisted Share Capital Gains as Business Income
22 December 2025 at 06:40Income Tax Dept's automated system is misclassifying capital gains from unlisted share sales as business income due to TDS data mismatch. Know why notices are being sent and how taxpayers should respond.
Section 80G Explained: Key FAQs on Donation Deductions, Limits, Verification & ITR Filing
22 December 2025 at 06:40The Income Tax Department clarifies Section 80G rules on donation deductions, limits, cash payment restrictions, Form 10BE verification and eligibility under old vs new tax regime.
Advance Tax Growth Loses Momentum After Third Instalment
22 December 2025 at 06:40Advance tax collection grew just over 4% after the third instalment, sharply lower than last year, with non-corporate tax payments declining, income-tax data shows.
Net Direct Tax Collections Rise 8% in FY 2025-26 Till 17th December
20 December 2025 at 08:09India's net direct tax collections rose 8% to Rs 17.05 lakh crore in FY 2025-26 (till Dec 17), aided by lower refunds and higher corporate tax inflows.
Income Tax Department Tracks High-Value Transactions of Non-Filers Using NMS
20 December 2025 at 07:22Income Tax Department uses NMS, AIS and data analytics to track high-value transactions of non-filers and nudge taxpayers towards voluntary ITR compliance.
ITAT Delhi Grants Major Relief to Taxpayer in Section 14A Dispute Over Tax-Free Income
20 December 2025 at 07:20ITAT Delhi grants major relief to a taxpayer in a Section 14A dispute, ruling that Rule 8D disallowance applies only to investments generating tax-free income.
Income Tax Department Flags Transaction Mismatch, Urges Taxpayers to Review AIS Before 31st Dec
19 December 2025 at 09:37Income Tax Department has sent advisory alerts to taxpayers over ITR-AIS mismatch. Review AIS, revise or file belated return by Dec 31, 2025.
Taxpayers Get 31st Dec Deadline: Undisclosed Property, Bank Deposits Under Scanner
19 December 2025 at 07:01Income Tax Dept detects large-scale under-reporting of property and cooperative bank transactions under SFT. Taxpayers get time till December 31 to file corrected returns.
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