News

IRS Officer Arrested in Bribery Case, Rs 1 Crore, 3.5 Kgs Gold Seized After Raids in Delhi, Punjab Properties
According to the CBI, Singal demanded Rs 45 lakh from Sanam Kapoor, owner of La Pino’z Pizza, to settle an income-tax notice ...
Business Recorder28d
Income Tax (Amendment) Act 2025
A new provision has been inserted whereby it has been made possible that officers working for the proceedings or recovery of income tax under the Income Tax Ordinance, 2001 can be posted at the ...
The Free Press Journal1mon
CBI Arrests IRS Officer, CA In Alleged Sabotage Of Income Tax Faceless Assessment Scheme
The Central Bureau of Investigation (CBI) on Friday made first arrests including of an IRS officer of the rank of Deputy Commissioner of Income Tax (DCIT) and a private person from Delhi in ...
India TV1mon
Income Tax Return Filing: Now pay tax in just few clicks with 'e-Pay Tax' feature, full details here
ITR Filing: To make payment of tax hassle-free, the Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal. According to the tax department, this will ...
Business Today2mon
Income Tax in FY26: New tax slabs, raised rebate limits, removal of equalisation levy -- new tax rules effective April 2025
Effective April 1, 2025, new income tax regulations have been introduced following the enactment of the Finance Act 2025. One of the significant changes is the increased income limit for ...
Business Line2mon
Income Tax: March 31 is the last date to update AY 2022-23 returns
Monday, March 31, is a national holiday on account of Eid, but for those who have to correct errors/omissions in the Income Tax Return filed for Assessment Year 2022-23 (Fiscal Year 2021-22), it ...
Business Today2mon
‘Harassed for being honest?’: Bengaluru techie claims Income Tax officer slapped crores in penalty despite ‘clear records’
A Reddit user, who identifies as an honest taxpayer working in Bengaluru's software industry for 21 years, has alleged harassment by an income tax officer after their tax return was picked up for ...
Columbus Dispatch2mon
Could Ohio get rid of income tax? Governor candidates weigh in
Ohio governor candidate Vivek Ramaswamy is proposing to eliminate the state income tax, a move that would require significant cuts to state spending or increases in other taxes. Proponents of the ...
Hindustan Times2mon
New IT bill allows officers to access your social media, email accounts if tax evasion suspected
The income tax department ... Prateek Bansal, Partner - Taxation at White & Brief - Advocates & Solicitors said, “The proposed provision allowing tax officers to access private social media ...
The New Indian Express2mon
I-T Bill formalises tax officer's access to digitally stored information
MUMBAI: The New Income Tax Bill has formalised the ‘power’ of tax officers to gain access to individuals’ digital footprints through introduction of the new term 'virtual digital space'.
Live Law3mon
What Is The Time Period Surviving U/S 149 Of Income Tax Act For Issuing Reassessment Notices: Delhi High Court Explains
Rajeev Bansal to elucidate ... Assessing Officer would have no authority to undertake a reassessment. The bench cited its judgment in T.K.S. Builders (P) Ltd. v. Income Tax Officer (2024) where ...