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ITR forms for AY 2026-27 notified: New disclosures may catch salaried, NRIs off guard — check what's changed

ITR forms for AY 2026-27 notified: New disclosures may surprise salaried taxpayers – check what’s changed

With the new financial year now underway, the CBDT has already notified all ITR forms for AY 2026-27. Experts say…

Updated: April 1, 2026 09:11 IST

Old income tax laws to stay alongside new rules — here’s why they won’t go away soon

Old income tax laws will continue alongside the new Income-tax Act, 2025 for several years due to pending cases and…

Updated: April 1, 2026 08:55 IST

Have foreign stocks or accounts? One mistake in ITR can cost you Rs 10 lakh

Holding foreign stocks, bank accounts or ESOPs? A small mistake in reporting them in your ITR can lead to a…

March 30, 2026 13:35 IST

Income Tax deadline pressure? Why March 31 won’t be a holiday for tax offices

Income tax offices to stay open on March 31 despite holiday – here’s why

Income Tax offices across India will remain open on March 31, 2026—even on Mahavir Jayanti—as the government pushes to wrap…

March 27, 2026 17:55 IST

Insurance company GoDigit has received Rs 384 crore tax demand notice

Why did this company get a Rs 384 crore income tax notice despite just Rs 140 crore Q3 profit?

GoDigit Insurance faces a Rs 384 crore income tax demand for FY24 over IBNR claim disallowances and TDS issues, and…

Updated: March 27, 2026 19:14 IST

Big relief for homeowners: ITAT allows full capital gains exemption in redevelopment case

Woman gets multiple flats and Rs 2.5 crore from builder in old property redevelopment deal – what tax dept says

In a relief for homeowners, the Mumbai ITAT has ruled that multiple floors received under a redevelopment agreement can be…

March 27, 2026 13:52 IST

Big power shift: Tax officer can now estimate your income in certain cases

Ignore ITR or notices? Income tax department may now estimate your income under new rules

The new Income-tax Rules, 2026 have clarified when tax officers can estimate a taxpayer’s income, especially in cases involving non-residents…

March 27, 2026 12:19 IST

Tax-free income may still increase your tax: 1% rule explained

From April 1, tax-free income may still raise your tax bill – here’s why

From April 1, 2026, a new 1% rule may increase your tax liability even on tax-free income, as expenses linked…

March 26, 2026 15:56 IST

Old vs New Tax Regime in 2026: New rules change calculations — which saves more tax for you?

Old vs New Tax Regime in 2026: New rules change calculations — which option saves more now?

With new perquisite rules and higher rebates reshaping tax calculations, choosing between the old and new tax regime is no…

March 26, 2026 13:02 IST

Old vs New Income Tax Act: What applies for ITR filing in 2026?

Old vs New Income Tax Act: Which rules will apply for ITR filing in 2026?

Confused about whether the new Income-tax Act will apply to your ITR filing in 2026? Here’s a simple explanation of…

March 25, 2026 19:31 IST

Relief for taxpayers: Late ITR filing won’t block tax deduction, rules ITAT in a key case

Mumbai ITAT has ruled that housing societies can claim Section 80P deduction on interest earned from co-operative banks, even if…

March 24, 2026 19:36 IST

Income tax refund delay: Over 27 lakh ITRs pending even as 8.5 crore returns processed — why refunds are taking longer

Income tax refund delays FY 2025-26: Over 27 lakh ITRs yet to be processed — why refunds are taking longer

Over 27 lakh income tax returns are still pending processing, delaying refunds for many taxpayers. Experts say stricter data checks,…

March 24, 2026 14:19 IST

ITR filing changes from April 1, 2026: Form 16 replaced, updated ITR forms — what it means for you

This year, your employer may not issue Form 16 — what you’ll get instead

From new ITR forms to the replacement of Form 16 with Form 130, income tax filing is set to change…

March 24, 2026 07:33 IST

New Income Tax Rules 2026: 10 salary perks that can increase your tax from April 1

From company-paid rent and office cars to gifts and club memberships, several salary perks that employees often ignore can now…

March 23, 2026 12:44 IST

From April 1, your salary may look different — but your tax outgo is the real change

From April 1, salary structures may become simpler and more direct as the new tax regime takes centre stage, shifting…

March 21, 2026 20:19 IST

Rs 12.54 crore gift from husband lands Shilpa Shetty in tax trouble — ITAT orders fresh probe

Shilpa Shetty gets Rs 12.54 crore gift from Raj Kundra, his income Rs 27.71 lakh; tax dept flags mismatch – what ITAT said

The ITAT Mumbai has sent back Shilpa Shetty Kundra’s ₹12.54 crore gift case for fresh examination after finding gaps in…

March 21, 2026 07:50 IST

10 big income tax changes from April 1: From Rs 2 crore digital tax trigger to tighter salary perks - all you need to know

10 big income tax changes from April 1: From Rs 2 crore digital tax trigger to tighter salary perks—what you need to know

From taxing global digital firms to redefining employee perks and valuation rules, the newly notified Income Tax Rules 2026 signal…

March 20, 2026 19:29 IST

Income Tax Rules 2026 notified: HRA benefit expanded, allowances jump 30x — What else changes from April 1

Income Tax Rules 2026 notified: HRA benefit expanded, allowances jump — full list of changes from Apr 1

The government has notified the new Income Tax Rules 2026, effective April 1, bringing key changes in HRA, allowances, and…

March 20, 2026 17:43 IST

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