Income Tax News
Gujarat High Court Directs CBDT to Extend ITR Filing Deadline for Audit Cases by One Month
14 October 2025 at 07:23Gujarat High Court directs CBDT to extend ITR filing deadline for audit cases by one month, offering relief to taxpayers and professionals.
Income Tax Portal Update: Taxpayers Can Now See When AO or CIT(A) Reviews Their Submissions
14 October 2025 at 06:40Income Tax Dept updates e-filing portal: Track exactly when AO/CIT(A) views your submissions, enhancing transparency in faceless assessments & appeals.
ITAT Reduces Alleged Income of NRI by 97% After Dispute Over Rs 2.28 Crore
14 October 2025 at 06:40An NRI taxpayer successfully challenged the Income Tax Department after being wrongly assessed Rs 2.28 crore as unexplained income. ITAT Ahmedabad reduced the amount to just Rs 63,133.
Fake Income Department Tax Mail Leads to Rs 60 Lakh Cyber Fraud at Ahmedabad Company
14 October 2025 at 06:39An Ahmedabad firm lost Rs 60 lakh after fraudsters sent a fake Income Tax email, installed malware, and tricked staff via WhatsApp spoofing.
NITI Aayog Urges Decriminalisation of Minor Tax Offences Under New Income Tax Act, 2025
13 October 2025 at 06:34NITI Aayog's new paper urges decriminalising minor offences under the Income-tax Act, 2025, to promote trust-based tax governance. Learn how the proposed reforms aim to simplify compliance and reserve prosecution only for serious tax evasion cases.
ITAT Mumbai Quashes Rs 1 Crore Tax Demand Over TDS Mismatch, Reaffirms Protection Under Section 205
11 October 2025 at 06:42ITAT Mumbai rules that TDS credit cannot be denied solely due to mismatch in Form 26AS; upholds Section 205 protection preventing double taxation and directs tax officers to rely on primary evidence.
CJI Flags Rs 6.85 Lakh Crore in Pending Income Tax Disputes Before ITAT, Calls for Structural Reforms
11 October 2025 at 06:41Chief Justice of India B.R. Gavai highlights Rs 6.85 lakh crore pending tax disputes before ITAT, urges reforms in appointments, training and consistency to boost tribunal efficiency and credibility.
Government Fixes Major Security Flaw in Income Tax Portal, Prevents Data Leak
09 October 2025 at 06:50Government averts massive data breach by fixing a security flaw in the Income Tax portal after researchers flagged an IDOR vulnerability exposing taxpayer data...
Supreme Court Clarifies Tax on Works Contracts: Printing Materials to Attract Trade Tax
09 October 2025 at 06:49SC verdict clarifies that goods used in executing printing contracts, including ink and chemicals, fall within the scope of taxable transfers under the U.P. Trade Tax Act, 1948.
CBDT Clarifies Gold Jewellery Limits: Pune Households Must Know
09 October 2025 at 06:49CBDT clarifies how much gold jewellery you can legally own without risking seizure during income tax searches. Learn safe limits for men, married and unmarried women in Pune, documentation rules for excess holdings, and tax implications when selling gold.
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