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I-T Dept takes action against 62 restaurants in 46 cities

Income Tax Dept acts against 62 restaurants in 46 cities, suppression of sales under scanner

March 10, 2026 8:19 am

Preliminary estimates suggest sales suppression of Rs 408 cr, comes after action against Hyderabad biryani chain

Income Tax department, Uma Shankar Singh, BJP minister Dinesh Pratap Singh, I-T raids lone BSP MLA, Ballia district, Lucknow news, Uttar pradesh news, Indian express, Current affairs

As I-T raids lone BSP MLA, Yogi minister questions timing, citing his illness

February 26, 2026 4:34 am

Mayawati calls action against her party leader ‘unfortunate’, SP chief questions basis for search

Income Tax Dept advisory (Image generated using AI)

Received SMS from Income Tax department? Here’s what it means and what taxpayers should do

December 23, 2025 4:45 pm

Income Tax Department Message on ITR filing AY 2025-26: The last date for revising or filing belated return for AY 2025-26 is 31st December 2025.

Bombay High Court, Income Tax department, Income Tax department, income tax act, income tax, Mumbai news, Maharashtra news, Indian express, current affairs

Income Tax dept opposes plea for inclusion of same sex couples as ‘spouses’, HC refuses urgent interim relief

November 14, 2025 12:14 am

Section 56(2)(x) of the Act deals with taxing any money, property, or other assets received with a value exceeding Rs 50,000. Under its fifth proviso, gifts from certain relatives — including “spouse” — are exempted from tax.

The Meghalaya High Court in a recent ruling held that the State cannot insist on the Scheduled Caste (SC) and the Scheduled Tribes (ST) students to produce Aadhaar cards as a mandatory document for availing financial benefits under the post-matric scholarship scheme.

State can’t insist SC/ST students for Aadhaar card to avail post-matric scholarship scheme: Meghalaya HC

November 04, 2025 6:37 pm

Meghalaya HC Aadhaar Ruling, SC/ST Students scholarship scheme: Students from SC/ST category of Meghalaya claimed they were denied the benefits of post matriculation scholarship scheme for want of Aadhaar card.

The extension was on account of "structural and content revisions" in the income tax return (ITR) forms, which was notified in late April and early May.

ITR Filing Due Date Extension 2025 LIVE Updates: IT department extends deadline, ITR can now be filed today

September 16, 2025 5:55 pm

ITR Filing Due Date Extension 2025 LIVE Updates: Get the latest updates on Income Tax Return filing deadline, process, late filing penalty, and important announcements. Deadline to file Income Tax Return for AY 2025-26 is Sep 16, 2025. Govt confirms no further extension. Know process, penalties, and other details here.

Income Tax Bill, income tax, Income Tax department, CBDT, Central Board of Direct Taxes (CBDT), Indian express news, current affairs

To issue manual for new Income Tax Bill’s digital searches, seizures, says CBDT Chief

July 24, 2025 12:40 am

Privacy a genuine concern of taxpayer, will address it

Advance tax collection, tax collection, tax collection growth, Advance tax collection growth, Income Tax department, Indian express news, current affairs

Advance tax collection growth slows to 3.9%, income tax mop-up lower than FY25 level

June 22, 2025 7:43 am

The advance tax collections for personal income at Rs 33,928.32 crore are lower than the first installment collections of Rs 34,863.78 crore seen in the previous financial year 2024-25 (as on June 19, 2024).

From watches to handbags, and paintings: Income Tax dept notifies luxury items on which taxpayers will have to pay 1% TCS

April 24, 2025 8:46 am

The move is expected to help the tax authorities to trace the sale of such luxury goods and match it with the income tax profile of taxpayers to detect any possible evasion.