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Technology That Helps Income Tax Department Track Hidden Cash and Gold at Homes

The Income Tax Department in India has quietly built a powerful technology system to...

Punjab and Haryana HC grants Bail to IRS Official Allegedly Demanding Bribe In Rs. 45 Lakh Income Tax Settlement

The Punjab and Haryana High Court grants bail to IRS officials allegedly demanding bribes...

Income Tax Act 2025 To Be Applicable From April 2026

In a landmark development for India’s fiscal framework, the Income Tax Act 2025 has...

Vintage Car Sale Taxable as Capital Gain; Assessee Fails to Prove Personal Use: Bombay High Court

The Bombay High Court has held that the sale proceeds from a vintage Ford...

Section 87A Rebate on Short-Term Capital Gains Under New Tax Regime Allowed: ITAT

The Income Tax Appellate Tribunal (ITAT) Ahmedabad has allowed the rebate under Section 87A...

ITAT Pune Pulls Up CIT(A) for Skipping Legal Grounds, Remands Reassessment Dispute for Fresh Decision

The Income Tax Appellate Tribunal (ITAT), Pune Bench has set aside an order passed...

Non-Payment Of Advocate’s Fee By Income Tax Dept. | Calcutta HC Dismisses Delayed Dept. Appeal

The Calcutta High Court has come down sharply on the Income Tax Department for...

Time-Barred Reassessment Notice in MCX Trading Case Quashed: Calcutta High Court

The Calcutta High Court has a reassessment notice issued under Section 148 of the...

Co-op Bank’s Interest on Surplus Funds Qualifies for S. 80P Tax Deduction: Calcutta HC

The Calcutta High Court has held that the interest earned by the West Bengal...

Form No. 35 for CIT(A) Appeals : Filing Became More Detailed, Time-Consuming

The Income Tax Department has introduced significant changes to Form No. 35 — the...

Two Techies Face Prosecution for Repeated Bogus Tax Deduction Claims

The Income Tax Department in Hyderabad has launched prosecution proceedings against two city-based software...

Widow Entitled to TDS Credit on Deceased Husband’s Income: ITAT

The Income Tax Appellate Tribunal (ITAT) Kolkata Bench has directed that a widow be...

Latest articles

Russian Crude Makes Up Nearly 50% of India’s Oil Imports in June

India’s dependence on Russian crude oil strengthened further in June, with imports from Russia...

Customs Seizes Hydroponic Weed Worth ₹4.83 Crore at Delhi IGI Airport

The Customs officers of the Air Intelligence Unit (AIU) at Indira Gandhi International (IGI)...

Validity of Post-GST Service Tax Proceedings Upheld: Gujarat High Court Dismisses Challenge to S. 73 SCN

The Gujarat High Court has dismissed a writ petition challenging a service tax show...

No Recovery After Repeal: Gujarat HC Sets Aside Excise Demand Based on Omitted S. 3A and R. 96ZQ

The Gujarat High Court has set aside a long-pending central excise demand against a...