Received ‘Significant Transactions’ Emails under Advance Tax e-Campaign? CBDT Issues Clarification
The Income Tax Department has issued clarifications on concerns regarding the Advance Tax e-Campaign for Assessment Year 2026-27 (FY 2025 - 26)...
![Supreme Court to Decide Interest Liability for Delayed Payment to Income Tax Dept Counsel [Read Judgement]](https://images.taxscan.in/h-upload/2026/03/11/2128862-supreme-court-to-decide-interest-liability-delayed-payment-to-income-tax-dept-counsel-.webp "Supreme Court to Decide Interest Liability for Delayed Payment to Income Tax Dept Counsel [Read Judgement]")
![Failure to E-File Form 10 Results in Denial of Income Accumulation Claim: ITAT Restores Matter to Seek Condonation [Read Order]](https://images.taxscan.in/h-upload/2026/03/11/2128834-failure-in-denial-of-income-accumulation-claim-itat-restores-matter-seek-condonation-.webp "Failure to E-File Form 10 Results in Denial of Income Accumulation Claim: ITAT Restores Matter to Seek Condonation [Read Order]")
![Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]](https://images.taxscan.in/h-upload/2026/03/06/2128085-cryptojpg.webp "Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]")
![Refund Interest Cannot Be Denied on Basis of Overruled Judgment: Delhi HC Sets Aside Income Tax Dept Order [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127394-refund-interest-cannot-be-deniedjpg-1.webp "Refund Interest Cannot Be Denied on Basis of Overruled Judgment: Delhi HC Sets Aside Income Tax Dept Order [Read Order]")
New HRA Claim Form: Income Tax Draft Mandates Disclosure of ‘Relationship With Landlord’ to Curb Family Rental Evasion
The Income Tax Department has proposed a new rule that may impact salaried employees claiming House Rent Allowance (HRA). Under the Draft Income-taxRules, 2026, employees will now have to disclose...
CBDT Proposes New Income Tax Form 130 to Bring Salary, Pension & Senior Citizen Interest TDS Under Single Reporting Certificate [Read Notification]
The Central Board of Direct Taxes (CBDT) has proposed a new Income Tax Form No. 130 with the objective of consolidating tax deducted at source (TDS) reporting for salary income, pension income, and...
![CBDT Proposes New Income Tax Form 130 to Bring Salary, Pension & Senior Citizen Interest TDS Under Single Reporting Certificate [Read Notification]](https://images.taxscan.in/h-upload/2026/02/10/2124527-cbdt-proposes-new-income-tax-taxscan.webp "CBDT Proposes New Income Tax Form 130 to Bring Salary, Pension & Senior Citizen Interest TDS Under Single Reporting Certificate [Read Notification]")
Income Tax Commissioner Cannot Deny Waiver of Interest u/s 234C Arbitrarily, Must Pass Reasoned Order: Karnataka HC [Read Order]
The Karnataka High Court held that the Income Tax Commissioner cannot deny waiver of interest under Section 234C of Income Tax Act, 1961 through a “arbitrary, cryptic and vitiated by ...
![Income Tax Commissioner Cannot Deny Waiver of Interest u/s 234C Arbitrarily, Must Pass Reasoned Order: Karnataka HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/07/2124144-income-tax-karnataka-high-court-taxscan.webp "Income Tax Commissioner Cannot Deny Waiver of Interest u/s 234C Arbitrarily, Must Pass Reasoned Order: Karnataka HC [Read Order]")
Supreme Court Dismisses CBDT SLPs against Telangana HC Order Quashing Income Tax Notices issued to Telangana Pollution Control Board [Read Judgement]
The Supreme Court has refused to interfere with the Telangana High Court judgment which granted relief to the Telangana State Pollution Control Board and quashed the Income Tax Department’s action...
![Supreme Court Dismisses CBDT SLPs against Telangana HC Order Quashing Income Tax Notices issued to Telangana Pollution Control Board [Read Judgement]](https://images.taxscan.in/h-upload/2026/02/06/2124048-supreme-court-dismisses-cbdt-slps-against-telangana-hc-taxscan.webp "Supreme Court Dismisses CBDT SLPs against Telangana HC Order Quashing Income Tax Notices issued to Telangana Pollution Control Board [Read Judgement]")
CBDT Notification Grants S.10(46) Exemption to WB Construction Workers Board: Calcutta HC Declares Demand & Penalty under IT Act Inconsequential [Read Order]
The Calcutta High Court has declared the income tax demand and penalty imposed on the petitioner under the Income Tax Act, 1961, as inconsequential, holding that the Central Board of Direct Taxes...
![CBDT Notification Grants S.10(46) Exemption to WB Construction Workers Board: Calcutta HC Declares Demand & Penalty under IT Act Inconsequential [Read Order]](https://images.taxscan.in/h-upload/2026/01/22/2121378-cbdt-notification-grants-s1046-exemption-to-wb-construction-workers-board-calcutta-hc-declares-demand-penalty-under-it-act-inconsequential-taxscan.webp "CBDT Notification Grants S.10(46) Exemption to WB Construction Workers Board: Calcutta HC Declares Demand & Penalty under IT Act Inconsequential [Read Order]")