Income Tax News
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.
CBDT Notifies Tax Exemptions for Odisha PCB, Haryana Technical Education Board & Odisha RERA Under Section 10
28 November 2025 at 06:22CBDT notifies SPCB Odisha, HSBTE Panchkula and Odisha RERA for income-tax exemptions under Section 10, covering statutory fees, grants, and related revenues. Notifications apply retrospectively and prospectively from 2023-2029.
CBDT launches 2nd NUDGE initiative to strengthen voluntary compliance in respect of Foreign Assets
28 November 2025 at 06:22CBDT launches the 2nd NUDGE initiative, sending SMSs and emails from 28 Nov 2025 to taxpayers flagged for unreported foreign assets. Individuals are advised to review and revise ITRs by 31 Dec 2025 to avoid penalties.
UPS Option Deadline Nears: Govt Urges NPS Subscribers to Apply by 30th Nov 2025
27 November 2025 at 06:09The last date to opt for the Unified Pension Scheme (UPS) is Nov 30, 2025. Govt urges eligible NPS subscribers to apply online or via nodal offices.
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