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Income Tax Department

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Situations

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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

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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

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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

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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

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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

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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

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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

[QUIET] [CRIME] [IN]

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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