Income Tax Department News

8 Sept 20264:50 pm

Finance8 Sept 2026 · 4:50 pm4:50 pm

Mumbai Entrepreneur Wins Tax Appeal After Paying ₹10 Lakh Cash Towards Credit Card Bills

A Mumbai-based businesswoman successfully won a tax appeal against the income tax department's ₹20 lakh additions, which were made due to her cash payments towa

25 Aug 20262:20 am

legal_court25 Aug 2026 · 2:20 am2:20 am

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Delhi HC raps I-T dept over ₹53 crore Vodafone Idea refund delay

The Delhi High Court has directed the income tax department to refund Vodafone Idea ₹53.09 crore for assessment years 2003-04 and 2008-14, setting a deadline of

25 Aug 20261:25 am

Finance25 Aug 2026 · 1:25 am1:25 am

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Income tax dept steps up TDS prosecution; Naftogaz India MD gets 22-month jail term

The income tax department is increasing prosecution for TDS defaults, with a Delhi court sentencing Naftogaz India MD Mahdoom Bava to 22 months in jail for fail

19 Jul 202611:17 pm

taxation19 Jul 2026 · 11:17 pm11:17 pm

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ITR Filing 2026: Secondary Address Field Becomes Mandatory for Taxpayers

The income tax department has made the secondary address field mandatory in all ITR forms for AY 2026-27, requiring taxpayers to provide additional communicatio

Income Tax Department News