News

Sri Lankan cricketers have challenged their tax status as employees, reaching a temporary settlement to pause past tax collection while future taxes are deducted.

Sri Lankan Cricketers Contest Tax Dispute, Agree to Temporary Settlement

Articles

ITR filing for AY 2025–26 has started, but taxpayers are advised to wait until mid-June due to pending TDS updates, Form 16 issuance, and AIS/TIS revisions.

ITR Utilities Out for AY 2025–26, But It's Better not to file now; Know Reasons

Yogendra Kumar Mishra, a Joint Commissioner of the Income Tax Department, was suspended on Wednesday, June 4, 2025, after he was accused of attacking a junior officer at the Income Tax Office in Lucknow.

Income Tax Joint Commissioner Suspended for Assaulting Junior Officer

Judgement

ITAT rules that refund received from surrender of LIC policy cannot be treated as unexplained income under Section 68.

Amount Received From Surrender of LIC Cannot be Treated as Unexplained Income u/s 68

New ITR rules for AY 2025-26 make it tougher to claim deductions under the old tax regime with stricter checks and detailed disclosures.

New ITR Rules Make It Harder to Claim Tax Deductions in Old System

Salaried employees will be provided their Form 16 by June 15, 2025, for the financial year 2024-25 by their employer. Know the amendments introduced in Form 16.

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Sri Lankan Cricketers Contest Tax Dispute, Agree to Temporary Settlement

ITR Utilities Out for AY 2025–26, But It's Better not to file now; Know Reasons

Income Tax Joint Commissioner Suspended for Assaulting Junior Officer

Amount Received From Surrender of LIC Cannot be Treated as Unexplained Income u/s 68

New ITR Rules Make It Harder to Claim Tax Deductions in Old System

Received Form 16 for ITR Filing: New changes in Form 16 for Salaried for AY 2025-26 (FY 2024-25)