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Finance Ministry clarified that Section 247 of the Income Tax Act does not grant any new AI-based or additional digital access powers to tax officers.

Govt Clarifies Purpose of New Income Tax Section 247; No New AI Powers Given to IT Officers

Judgement

Bogus Political Donation Scam: ITAT Mumbai Denies Section 80GGC Deduction

CBDT introduces simplified Income Tax Rules 2026, allowing a salaried individual with no additional income to verify data using a pre-filled return.

CBDT Announces Simpler ITR Filing with Advanced Pre-Filled Returns; Effective April 1

Court clarifies that “information” under Section 148A does not mandate supply of entire material at notice stage

Delhi HC Upholds Validity of Reassessment Notice Despite Limited Disclosure of Material

Repayment of loan within two days and absence of interest not sufficient to brand transactions as bogus, holds High Court

HC Refuses to Interfere with ITAT Order Deleting Section 68 Additions on Loan Transactions

The Income Tax Department may use GST data analytics to widen the direct tax base, detect underreported income, and promote voluntary tax compliance through technology-driven nudges.

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Govt Clarifies Purpose of New Income Tax Section 247; No New AI Powers Given to IT Officers

Bogus Political Donation Scam: ITAT Mumbai Denies Section 80GGC Deduction

CBDT Announces Simpler ITR Filing with Advanced Pre-Filled Returns; Effective April 1

Delhi HC Upholds Validity of Reassessment Notice Despite Limited Disclosure of Material

HC Refuses to Interfere with ITAT Order Deleting Section 68 Additions on Loan Transactions

IT Dept May Soon Use GST System Data to Issue Income Tax Notices