Income Tax Department launches nationwide crackdown on suspicious foreign remittances: What should taxpayers know?
Man earns Rs 30 lakh salary, doesn’t file ITR; Income Tax Dept slaps Rs 3.74 lakh penalty — what ITAT said A salaried taxpayer did not file his ITR despite earning over Rs 30 lakh and later faced a Rs 3.74… August 17, 2026 20:19 IST
Income tax disputes: Appeals below Rs 60 lakh, Rs 2 crore and Rs 5 crore face new rules; over 17,000 cases dropped The government has raised the tax-effect limits for filing income-tax appeals, leading to thousands of appeals being withdrawn or not… August 13, 2026 18:02 IST
Big tax change for REIT, InvIT investors: What the 2026 Taxation Bill means for investors The Taxation and Other Laws (Amendment) Bill, 2026 proposes to restore the tax exemption on eligible REIT and InvIT dividend… August 7, 2026 17:57 IST
Salary or capital gains? ITAT clarifies tax treatment of ESOP buyback payouts in Flipkart employee’s case The Bengaluru ITAT has ruled that money received from the buyback of vested but unexercised ESOPs cannot be taxed as… August 6, 2026 14:24 IST
F&O income tax filing: Which ITR form to use, how to calculate turnover, and new AY 2026-27 rules explained ahead of due dates F&O (Futures & Options) income is treated as non-speculative business income and is taxable under the head Profits and Gains… August 4, 2026 18:31 IST
A Rs 9.23 lakh liability and a forgotten notice: How a Pune homeowner reversed his tax bill? A Pune homeowner turned a Rs 9.23 lakh capital gains tax liability into a long-term capital loss and tackled a… July 31, 2026 19:11 IST
ITR due dates 2026: July 31, August 31, October 31 or November 30? Know your filing deadline A taxpayer may file an updated return of income within 48 months after the end of the relevant assessment year,… July 31, 2026 18:58 IST
ITR filing 2026: Don’t submit your income tax return before checking these key details in AIS Taxpayers must reconcile AIS and TIS information with bank statements, investment records, and other supporting documents to ensure complete and… July 31, 2026 15:51 IST
ITR filing for AY 2026-27: One simple check that can help you avoid an income tax notice Filing your Income Tax Return (ITR) before the deadline is only half the job—filing it accurately is just as important.… July 31, 2026 15:39 IST
ITR filing 2026 last date today: How to report income from REITs and InVITs in ITR for AY 2026-27? The nature of each component matters, because a REIT or InVIT payout may include interest, dividend, rental income, or capital… July 31, 2026 15:25 IST
Foreign RSUs, dividends and foreign tax credit: How a tech professional resolved a Schedule FA notice? Working with an experienced tax expert ensures that complex international disclosures are filed accurately, helping you resolve tax notices smoothly. July 31, 2026 13:30 IST
ITR last date today: Can you choose a different tax regime at the last minute? A taxpayer should switch only after comparing the final tax outcome under both regimes. If the old regime gives a… July 31, 2026 12:22 IST
ITR filing due date AY 2026-27: What happens if you miss the deadline? Penalties, refund delays and more Unless the government announces an extension, as it did last year, taxpayers filing their ITR using the aforementioned two forms… July 31, 2026 11:50 IST
Income tax return deadline 2026 Highlights: ITR filing due date is 31st August now for these taxpayers; check latest updates ITR Income Tax Return Deadline Today Highlights: July 31 was the last date to file Income Tax Return (ITR) for… Updated: August 1, 2026 17:03 IST
Owning a joint property with your spouse? Here’s how you can lower your tax liability by 50% Joint ownership can produce a legitimate tax advantage where both spouses have independent sources of income; each spouse obtains a… July 30, 2026 14:19 IST
ITR filing deadline extension likely? 2.6 crore returns still needed to match last year’s record; filing pace remains slow With just three days left before the July 31 ITR filing deadline, only 4.69 crore income tax returns had been… July 29, 2026 19:03 IST
ITR Deadline Extension Highlights: July 31 is not the last date for every taxpayer; check latest updates on return filing and refund status The July 31 ITR filing deadline is fast approaching, but millions of taxpayers are yet to file their returns. Stay… Updated: July 31, 2026 09:00 IST
ITR checklist for taxpayers with foreign investments: Avoid these common mistakes ITR filing AY 2026-27: Own foreign stocks, mutual funds, or a foreign bank account? Check this essential ITR filing checklist… July 28, 2026 18:06 IST
