Now get faster tax refunds and easier ITR corrections: New CBDT rules explained
The Central Board of Direct Taxes (CBDT), issued a notification on October 27, 2025, empowering the Commissioner of Income Tax …
Direct tax
Rs 80 lakh gift from brother-in-law lands man in tax trouble, here’s how he won the case
On November 4, 2025, the Income Tax Appellate Tribunal (ITAT) Kolkata bench ruled in favour of Dr. Choudhury, a taxpayer …
These cash transactions may attract up to 100% penalty by Income Tax Department
The Income Tax Department while acknowledging Indian society’s affinity with cash transactions warned that the Income Tax Act, 1961 discourages …
