Income Tax Department
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Business
Income tax deparment disposes 2.22 lakh appeals in FY26; says CBDT chairman – The Times of India
The Income Tax Department disposed of 2.22 lakh appeals in the last financial year, marking a 29% increase over the…
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Business
Got a ‘significant transaction’ email? Income tax department says ignore it for now, fix underway – The Times of India
The Income Tax department on Saturday asked taxpayers to ignore emails, if any, received alerting them about ‘significant transactions’ as…
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Business
Delhi High Court order: Tax Department can’t impose Black Money law on ‘involuntary residents’ to get foreign asset information – The Times of India
Tax officials cannot routinely apply the Black Money Act (BMA) merely because a person has been treated as a ‘resident’…
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Business
Draft income tax rules 2026: New PAN Card quoting requirements for property transactions – check details – The Times of India
By retaining mandatory PAN quoting for high-value deals, the government builds a more robust audit trail. (AI image) Draft income…
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Business
Received an ITR refund email or SMS alert? Income Tax Department has an important warning for taxpayers – The Times of India
The Income Tax Department has cautioned taxpayers against a surge in refund-related fraud attempts, warning that scammers are exploiting delays…
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Business
Income Tax notice alert! Senior executives with over Rs 50 lakh salaries under radar for ‘underreporting income’, misusing exemptions – The Times of India
The Income Tax Department has flagged cases involving non-disclosure of overseas assets and foreign income. (AI image) Income Tax Notice…
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Business
Important PAN Card quoting changes: Draft income tax rules 2026 revises cash withdrawals & deposit, property transactions limits – check top details | Financial Literacy News – The Times of India
There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image)…
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Business
Direct tax collections rise 9.4% to Rs 19.44 lakh cr; corporate tax drives growth – The Times of India
Net direct tax collection rose 9.4 per cent to about Rs 19.44 lakh crore in the current financial year till…
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