Income Tax

[Sushubh]

New Income Tax Bill Proposes To Allow IT Officers To Access Social Media, E-mail Accounts Of Assessees During Scrutiny

Recently, the new Income Tax Bill 2025 was introduced in Parliament. Although touted as a step to make Income tax law in India simpler, the Bill contains some provisions which may disturb taxpayers...

www.livelaw.in

 

[Sushubh]

Delhi School of Economics paper finds stark under-reporting of income by India’s richest

The study aligns with global concerns over under-taxed wealth and failure to capture the real earnings

www.nationalheraldindia.com

 

[Sushubh]

Income Tax Bill 2025: Projects for 360 degree digital surveillance needs pushback

In recent years, India has witnessed a troubling trend of surveillance infrastructure expansion, often under the guise of welfare, good governance, security and

www.thenewsminute.com

 

[Sushubh]

Taxman can't reopen cases after 3 years, whether under old tax regime or new - CNBC TV18

Delhi High Court says tax reassessments beyond three years are invalid under both old and new regimes.

www.cnbctv18.com

 

[Navjot Singh]

Whoa. Is it applicable to opposition parties as well?

 

[Sushubh]

ITR Filing Due Date Extended From July 31 To September 15

The CBDT has decided to extend the due date of filing of ITRs, which are due for filing by 31st July 2025, to 15th September 2025."This extension will provide more time due to significant revisions in...

www.livelaw.in

 

[Sushubh]

ITR Filing Begins: Excel Utility for ITR-1, ITR-4 Now Available for AY 2025-26

Tax Update: I-T department releases Excel utility for ITR-1 and ITR-4, allowing taxpayers to file returns for FY 2024-25; deadline extended to Sept 15.

www.deccanherald.com

 

[Sushubh]

Source

 

[Sushubh]

Irrelevant personal chats will be redacted during investigation of digital evidence in tax matters, says CBDT chief - Money News | The Financial Express

 

[Sushubh]

Source