Income Tax News
Gujarat High Court Orders IT Refund to Ex-Serviceman on Disability Pension
12 December 2025 at 06:47Gujarat High Court has ruled that disability pension is fully tax-exempt even for ex-servicemen who retire voluntarily.
CBDT Issues Over 44,000 Alerts for Undisclosed Crypto Transactions
12 December 2025 at 06:47CBDT issues over 44,000 notices for undisclosed crypto transactions as ED attaches Rs 4,189 crore. TDS collections on crypto double, revealing major compliance gaps.
Income Tax Disputes Cross 5 Lakh Cases: Centre Shares Five-Year Pendency Data
11 December 2025 at 07:00The Finance Ministry has released five-year data on income tax disputes, revealing over 5 lakh pending appeals and more than Rs 16 lakh crore locked in litigation across CIT(A), ITAT, High Courts and the Supreme Court.
Income Tax Act 2025: New ITR Forms to Be Issued Before 2027-28
10 December 2025 at 07:06New ITR forms under the Income Tax Act, 2025 will be notified before FY 2027-28, the Finance Ministry confirmed. CBDT is simplifying ITR and TDS forms ahead of the new tax law effective April 1, 2026.
ITAT Ahmedabad Restores NRI's Appeal Despite 621-Day Delay Due to Wrong Email Notices
10 December 2025 at 06:44ITAT Ahmedabad restores an NRI's appeal delayed by 621 days after finding that the CIT(A) sent notices to the wrong email address. Tribunal flags faceless appeal lapses.
Delhi Police Bust Fake Police & IT Squad in 1 kg Gold Robbery
09 December 2025 at 06:45Delhi Police arrested five men running a fake police and bogus IT squad behind a 1 kg gold heist. In a separate action, police busted a phone-snatching racket linked to an international smuggling network.
FM Sitharaman Says Customs Reform Is Next Big Focus After Income Tax & GST Overhaul
09 December 2025 at 06:45FM Nirmala Sitharaman says customs reform is the government's next big focus after GST and income tax overhaul. Rupee slide, inflation, and RBI's upgraded GDP forecast also discussed.
MVAT & PT Act Return Due Dates Extended to 10th Dec 2025 Due to System Upgrades
08 December 2025 at 06:37Maharashtra's State Tax Commissioner supersedes TC 16T/2025, extending the last date for MVAT (Oct 2025) and PT Act (Nov 2025) returns to 10th December 2025. File by this date for late fee exemption.
India's Corporate Tax Surges 115% to Rs 9.86 Lakh Crore in 2024-25
05 December 2025 at 06:46India's corporate tax collection soared from Rs 4.57L Cr in 2020-21 to Rs 9.86L Cr in 2024-25. Learn how lower rates and massive post-COVID profit rebounds led to this 115% jump.
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.
Popular News
- Maintenance of Books of Accounts Under Income Tax Act, 2025
- Income from House Property Under Income Tax Act 2025
- HUF Tax Rules 2026: New Tax Regime Slabs, Surcharge and Partition Provisions
- Doctor Pays Rs 58 Crore in Tax on Rs 149 Crore Income, Sparks Debate Over Taxpayer Value
- Income from Other Sources Under Income Tax Act 2025: Key Rules, Taxable Incomes and Deductions
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
