[ORGANIZATION]
Income Tax Department
Featured in 51 tracked stories · first seen
Situations
Indian income tax regulation and dispute resolution
15 clusters · 7 sources · last updated
Latest: Income Tax Appellate Tribunal issues rulings on reassessment validity and profit estimation
The Indian Income Tax Department continues to navigate complex litigation through its Income Computation and Disclosure Standards (ICDS) and various dispute resolution mechanisms. Recent judicial activity has seen the In
India EPF rules and 2026 scheme updates
19 clusters · 34 sources · last updated
Latest: India revises EPFO statutory wage ceiling to ₹25,000
In July 2026, Employees' Provident Fund (EPF) rules were clarified: withdrawals after five years of continuous service are tax-exempt, while earlier withdrawals trigger TDS only on amounts of ₹50,000 or more if a PAN is
Gauhati High Court tax litigation rulings
2 clusters · 3 sources · last updated
Latest: Gauhati High Court quashes tax proceedings against Meghalaya Infratech
The Gauhati High Court ruled in favor of Meghalaya Infratech Limited, quashing assessment orders and demand notices issued by the Income Tax Department for the assessment years 2011–12 and 2016–17. The court applied th
Delhi High Court legal proceedings
2 clusters · 5 sources · last updated
Latest: Delhi High Court hears IHCL fee waiver suit and Ansal Theatre tax dispute
The Delhi High Court has presided over several diverse legal matters involving commercial disputes, tax litigation, and unconventional penalties. In a cheque bounce dispute involving Indus Birra Beverages, the court wai
Indian corporate and tax compliance deadline extensions
7 clusters · 15 sources · last updated
Latest: CBDT extends tax audit and income tax return deadlines
In India, professional bodies and stakeholders have been requesting extensions for various statutory compliance deadlines. Following the Ministry of Corporate Affairs' extension of the Companies Compliance Facilitation S
Indian tax investigation into film industry figures
2 clusters · 13 sources · last updated
Latest: Vashu Bhagnani hospitalised in London amid Income Tax probe
The Income Tax Department initiated search operations at approximately 12 locations in Mumbai linked to filmmaker Vashu Bhagnani, actress Rakul Preet Singh, and production houses including Panorama Studios and Pooja Ente
Financial crime investigations in Odisha
5 clusters · 7 sources · last updated
Latest: Rourkela police arrest two for interstate cybercrime mule account racket
Police in Odisha have dismantled several criminal operations involving financial fraud and the use of mule bank accounts. In Bhubaneswar, authorities arrested three individuals, including a private bank field agent, for
Political donation irregularities in Gujarat
2 clusters · 12 sources · last updated
Latest: Gujarat political parties under investigation for alleged Rs 1,143 crore donation racket
Reports indicate that six unrecognized political parties in Gujarat received a combined Rs 1,700 crore in donations during the 2023-24 financial year, a sum exceeding the total donations of five recognized national parti
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India launches foreign asset disclosure scheme for small taxpayers
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India: Update Minor PAN Card to Major status after turning 18
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Income Tax Department clarifies TDS challan utilization rules
[BUSINESS] · 2 sources ·
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India notifies amended tax treaty with Mauritius
[BUSINESS] · 2 sources ·
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India income tax filing: ITR-U disclosure and procedures
[BUSINESS] · 3 sources ·
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Enforcement Directorate conducts searches at Park Hospitals and GPIL
[CRIME] · 3 sources ·
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EY US appeals to Supreme Court over India employee secondment tax
[BUSINESS] · 4 sources ·
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Tax implications for physical precious metal investments and exchanges
[BUSINESS] · 2 sources ·
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Kerala High Court quashes illegal income tax penalty proceedings
[POLITICS] · 2 sources ·
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Delhi High Court quashes TDS prosecution over incorrect directorship claim
[BUSINESS] · 2 sources ·