Rs 1.33 crore cash deposit, no ITR filing, yet senior citizen wins income tax case; ITAT Bangalore explains whyRetired teacher from Mysore deposits Rs 1.33 crore cash in bank, files no ITR; tax dept issues notice; he wins case in ITAT Bangalore as ta...
13 Aug, 2026, 11.17 AM IST
India's net direct tax collections jump 23% to Rs 8.11 lakh crore, non-corporate taxes lead gainsIndia's net direct tax collections surged 23.09 percent to ₹8.11 lakh crore as of August 10. Non-corporate tax collections rose significant...
12 Aug, 2026, 12.44 AM IST
Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejectedDue to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine ded...
08 Aug, 2026, 07.00 AM IST
ITR refund 2026: Filed income tax return within July 31, 2026 deadline? Here’s when you may get your tax refundTaxpayers who filed their income tax returns by the July 31 deadline are now awaiting refunds. The Income Tax Department processes refunds ...
03 Aug, 2026, 05.18 PM IST
Over 5.9 crore income tax returns filed by July 31 for AY27 as deadline closesMore than 5.9 crore income tax returns were filed by the July 31 deadline. This figure represents filings for assessment year 2026-27 by in...
01 Aug, 2026, 12.50 PM IST
ITR filing deadline extension: Has income tax filing last date of July 31, 2026, been extended? Know moreThe July 31, 2026, income tax return filing deadline remains unchanged for many taxpayers. Those who missed this date must now file a belat...
01 Aug, 2026, 08.44 AM IST
8th Pay Commission: How 6% annual increment may add Rs 20 lakh to Level 8 employees' basic pay in 10 years8th Pay Commission salary calculator: Employee groups are advocating for a higher annual salary increment in the upcoming 8th Pay Commissio...
31 Jul, 2026, 10.13 PM IST
ITR filing deadline extension: Will Income Tax Department extend July 31 ITR filing due date? Here’s what chartered accountants believeITR filing deadline: Nearly 5.44 crore taxpayers filed income tax returns for AY 2026-27 by July 30. Experts suggest the July 31 deadline e...
31 Jul, 2026, 10.09 PM IST
Over 5.5 crore ITRs filed for AY27 so farOver 5.5 crore income tax returns have been filed for AY 2026-27. More than 42 lakh returns were filed on July 30 alone. The deadline for f...
31 Jul, 2026, 03.14 PM IST
Rs 1,000 or Rs 5,000 late filing fee for missing ITR filing deadline of July 31? How much fine you may need to pay and whyITR filing deadline: The July 31, 2026, deadline is crucial for many taxpayers filing income tax returns. Missing this date incurs a late f...
31 Jul, 2026, 09.56 AM IST
ITR filing last date: Will Income Tax Department extend July 31 deadline for FY 25-26? Here's what experts sayITR filing deadline: The July 31 income tax return deadline approaches with many taxpayers yet to file. Experts are divided on whether the ...
29 Jul, 2026, 06.27 PM IST
ITR filing mistakes to avoid before July 31 deadline: Expert reveals 5 mistakes that can lead to delays, failure of ITR form submissionITR filing : Taxpayers rush to file income tax returns before the July 31 deadline. Common errors include not e-verifying and mismatched pe...
29 Jul, 2026, 06.25 PM IST
The ultimate ITR checklist before you click ‘submit’Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Info...
28 Jul, 2026, 06.51 PM IST
No time bound promotion under MACP for these central government employees; govt clarifies in Rajya SabhaCentral government employees retired between 2006 and 2008 will not receive MACP benefits. The Modified Assured Career Progression scheme b...
28 Jul, 2026, 03.32 PM IST
EPS pension: These pensioners will automatically get their pension benefits under EPS 2026, minister clarifies in ParliamentThe government has notified the EPS pension 2026 scheme, superseding older plans. Existing pension fund benefits are protected under the ne...
28 Jul, 2026, 03.27 PM IST
ITR filing deadline FY 2025-26: Due dates, penalties, and what happens if you miss July 31 deadlineTaxpayers will file Income Tax Returns for FY 2025-26 under the Income-tax Act, 1961. The due date for most individuals is July 31, 2026, w...
24 Jul, 2026, 01.42 PM IST
Income tax return: How to report capital gains correctly to avoid ITR filing mistakesAll disclosure of capital gains must be filed in Schedule CG. This schedule houses separate sections for different types of gains. For accu...
20 Jul, 2026, 11.45 AM IST