Dossier
Income Tax Department
Coverage of Income Tax Department in the Nexus archive.
- FM Sitharaman directs Income Tax dept to work for benefit of common people
Finance Minister Nirmala Sitharaman directed the Income Tax department to prioritize the common people's benefit. She also highlighted issues with asset encroachment hindering construction projects.
- Income Tax Department opposes same-sex couple’s plea for tax exemption on gifts
The Income Tax Department opposes a same-sex couple's request for tax exemption on gifts, arguing that Section 56(2)(x) applies only to marriages recognized under Indian law. The Bombay High Court has been informed of this stance, with the department seeking dismissal of the petition.