Articles

For more than the previous four years, the use of various AI tools by the IT Department has facilitated over one crore taxpayers updating their returns.

AI-Powered Tax Intelligence: CBDT’s Data Tools Help Uncover Hidden Wealth and Boost Tax Collection by Rs. 11,000 Crore

The government has increased tax appeal limits and withdrawn thousands of low-value cases to simplify the tax system and reduce legal disputes.

Govt Moves to Simplify Tax System: Thousands of Low-Value Appeals Withdrawn Under New Budget Limits

The Income Tax Department Using AI to track Flag High-Value Transactions and Filter out PANs involved in wrongful claims and identify patterns in filing of tax returns.

IT Dept to track PANs involved in wrongful claims

News

Firstcry informs NSE and BSE that the Bombay High Court has set aside notices received by them from the Income Tax Department.

Bombay HC Sets Aside Income Tax Show Cause Notices Issued u/s 148 to Firstcry

Judgement

HC quashes Income Tax reassessment and penalty against Shraddha Developers due to notices sent to an incorrect email, violating principles of natural justice.

Gujarat High Court Quashes Income Tax Reassessment Under Section 147 for Wrong Email Service

The Gujarat High Court has quashed and set aside the impugned notice under Section 148 of the Income Tax Act 1961.

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AI-Powered Tax Intelligence: CBDT’s Data Tools Help Uncover Hidden Wealth and Boost Tax Collection by Rs. 11,000 Crore

Govt Moves to Simplify Tax System: Thousands of Low-Value Appeals Withdrawn Under New Budget Limits

IT Dept to track PANs involved in wrongful claims

Bombay HC Sets Aside Income Tax Show Cause Notices Issued u/s 148 to Firstcry

Gujarat High Court Quashes Income Tax Reassessment Under Section 147 for Wrong Email Service

Income Tax: HC Quashes Section 148 Reassessment Notice Post-IBC Resolution; Holds Tax Dues Extinguished Upon Plan Approval