Income Tax News
FM Sitharaman Calls for Technology-Aligned, Fair Tax Systems at 18th Global Forum Plenary
04 December 2025 at 07:00Union Finance Minister Nirmala Sitharaman inaugurated the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in New Delhi.
Finance Ministry Allows 80G Donations for Rs 50 Crore Renovation of Iconic Balakrishna Lalji Temple
03 December 2025 at 09:29The Ministry of Finance has notified the Shree Balakrishna Lalji & Other Deities Temple in Bhuleshwar, Mumbai as a place of historic importance under Section 80G.
Commercial Taxes Dept Uncovers Nearly Rs 100 Crore GST Evasion in Bengaluru
03 December 2025 at 06:42Bengaluru's GST Enforcement Wing detects nearly Rs 100 crore tax evasion in electronics, steel, cement and retail sectors during a 10-day crackdown.
Delhi HC Warns GST & Income Tax Departments Against Using AI-Generated Judgments in SCNs
03 December 2025 at 06:42Delhi High Court warns GST and Income-Tax departments against using AI-generated case laws in show cause notices, citing risks of fake judgments and AI hallucinations.
Mumbai Security Guard Gets IT Notice After Rs 2.2 Crore Fraud Using His PAN
03 December 2025 at 06:42A Mumbai security guard earning Rs 3 lakh annually received IT notices after fraudsters used his PAN to register a company that made Rs 2.2 crore transactions. ..
India Records Strong Fiscal Performance: Rs 12.74 Lakh Crore Tax Revenue, Higher State Transfers
03 December 2025 at 06:42ndia's fiscal update for April-October 2025 shows total receipts of Rs 18 lakh crore, tax devolution of Rs 8.34 lakh crore to states, and expenditure at Rs 26.25 lakh crore.
Supreme Court Slams Income Tax Department for Filing Frivolous SLP in a Settled Matter
02 December 2025 at 06:45The Supreme Court has slammed the Income Tax Department for filing a frivolous SLP in a settled case, warning against repetitive and wasteful litigation.
Supreme Court Rules PAN Not Mandatory for DTAA Benefits: TDS Capped at 10% for Foreign Payments
29 November 2025 at 06:17Supreme Court rules that PAN is not mandatory to apply DTAA benefits, holding that TDS on foreign payments cannot exceed 10% even if PAN is not provided.
CBDT Issues New Procedure for MAP Cases With Pending Appeals Before CIT(A)
29 November 2025 at 06:17CBDT issues new MAP guidelines directing CIT(A) to provide withdrawal intimation for pending appeals, enabling faster implementation of MAP resolutions.
CBI Recovers Over Rs 1 Crore in Raids Linked to ITAT Jaipur Appeal-Fixing Syndicate
28 November 2025 at 06:22CBI busts a bribery syndicate involving ITAT Jaipur officials, arresting a Judicial Member and Advocate and seizing over Rs 1 crore in cash during multi-city raids.
Popular News
- CBDT to Replace Forms 3CA, 3CB & 3CD with Consolidated Form 26
- Exceptions for Cash Payments Above Rs 10,000 under Rule 26 of Draft IT Rules 2026
- Income Tax Rules, 2026 Notified: Rule-Wise Comparison with Old IT Rules, 1962
- Draft Income Tax Rules, 2026 Released: Major Changes in Capital Gains, Perquisites and Non-Resident Taxation
- CBDT Proposes New Form 130 for TDS on Salary, Pension and Interest Income Under IT Act
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