Income Tax department

Income Tax Department shares foreign assets info with taxpayers, nudges for disclosure

September 28, 2026 7:07 am

Income Tax Department advisory says it's an opportunity for voluntary compliance for Foreign Assets of Small Taxpayers – Disclosure Scheme (FAST-DS), 2026, last date for which is December 31

Fire breaks out at Mumbai’s Aayakar Bhavan, several feared trapped

August 17, 2026 8:01 pm

Several people were stranded after a fire broke out at Mumbai’s Aayakar Bhavan.

In tax dispute over judges’ benefits, Delhi High Court orders halt to processing their ITRs

August 12, 2026 6:15 am

DTBA has said that it has filed the plea since members of the association “not only file returns of income” of HC and SC judges “but also advise them in relation to their investment and tax related issues”. The association has around 800 members.

Cases registered by Enforcement Directorate under PMLA rose to a four-year high in 2025-26

August 04, 2026 6:09 pm

The rate of convictions remained slow, with the agency securing convictions only in 43 cases in the last five years.

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

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

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.

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.

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.

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.

Government Suspects Tax Evasion In Deposits In Banks Post Demonetisation

June 22, 2020 7:14 pm