CBDT – SRK Analytics

Beyond July 31: Understanding Varied ITR Filing Deadlines for the 2026 Assessment Year

As the 2026 tax season approaches, many salaried taxpayers are marking July 31 on their calendars as the final date to submit their Income Tax Returns (ITR). However, official guidelines…

Prasenjit Bhowmik July 30, 2026

Economy

Finance Minister Directs Tax Department to Target Evaders and Simplify Compliance for Taxpayers

Union Finance Minister Nirmala Sitharaman instructed senior officials of the Income Tax Department in New Delhi on Tuesday to initiate firm action against deliberate tax evaders while simultaneously accelerating measures…

Prasenjit Bhowmik July 25, 2026

Economy

Income Tax Scrutiny: Why Cash Deposits Below ₹10 Lakh Can Still Trigger Notices

Learn why depositing cash under 10 lakh can still trigger an income tax notice and how advanced data analytics are being used to detect tax evasion.

Prasenjit Bhowmik July 24, 2026

Economy

Cash Deposits Below ₹10 Lakh: Why Indian Income Tax Department Is Issuing Notices

Discover why the Income Tax Department is targeting cash deposits under 10 lakh and how automated surveillance is catching tax mismatches in India.

Prasenjit Bhowmik July 24, 2026

Economy

Navigating the Transition: CBDT Releases Clarifications on New Income-tax Act 2025

CBDT clarifies the new Income-tax Act 2025, detailing impacts on litigation, assessments, and TDS to ease your transition.

Prasenjit Bhowmik July 9, 2026

Economy

Centre Extends Ravi Agrawal’s Tenure as CBDT Chairman

Ravi Agrawal's CBDT chairmanship is extended for six months, ensuring leadership continuity for India's direct tax body during a critical economic period.

Prasenjit Bhowmik July 4, 2026

Economy

ITR 2026: Mandatory Filing Rules Beyond Income Thresholds

Uncover mandatory ITR filing rules for 2026 beyond income thresholds, including high-value transactions and foreign assets, to ensure tax compliance.

Prasenjit Bhowmik July 3, 2026