New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

Income tax refund not credited yet? Before you panic, check the latest processing data and the common reasons that may be ...

​With data analytics tightening the tax net, salaried taxpayers are increasingly facing income tax notices over small mismatches flagged through AIS/TIS and NUDGE alerts. Budget 2026 aims to ease this ...

Taxpayers may soon see updated Income Tax Return (ITR) forms as the government prepares to implement the new Income Tax ...

ITAT ruled that mere endorsement stating “Yes, I am satisfied” does not constitute valid sanction under Section 151.

Income Tax Return: Under the new tax regime, the effective threshold may start from Rs 3 lakh for some, but mandatory filing applies if income crosses the exemption.

Overview UPI is transforming how Indians pay bills, shop, and transfer money. It has now simplified income tax compliance as well.The Income Tax Department allo ...

The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...

The Central Board of Direct Taxes has proposed sweeping changes to India’s tax compliance regime through the draft Income-Tax ...

The ITA 2025 broadly retains current TDS rates, advance tax instalments, and audit thresholds, but consultants with multiple ...

The Tribunal ruled that assessment orders in e-proceedings must be digitally signed as per CBDT instructions. A manually signed order was held illegal and liable to be ...