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Income Tax Raids Indore Hotels Over Alleged Tax Evasion Using ‘Petpuja’ Software

The Income Tax Department has conducted raids on three prominent hotels in Indore after...

ITAT Pune Allows Section 80P Deduction on Interest Earned From Cooperative Banks

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favour...

Assessment Void as Jurisdiction Transfer Was Done by Non-Jurisdictional PCIT: ITAT 

The Delhi Bench ‘I’ of the Income Tax Appellate Tribunal (ITAT) has quashed the...

JAO Can’t Issue Reassessment Notice Under Faceless Regime: Rajasthan High Court

The Rajasthan High Court (Jaipur Bench) has quashed a reassessment notice issued under Section...

Debatable MAT Loss Adjustment Can’t Be Rectified U/s 154: ITAT Quashes Rs. 40.68 Crore Demand Against Fiat India

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a Rs....

Finance Bill 2026 Inserts S. 292BA to Protect Assessments from Technical Lapses in DIN Quoting

The Finance Bill, 2026 has proposed the insertion of a new Section 292BA in...

FAO Vs JAO | S. 147A Of Finance Bill 2026 Seeks to Nullify Bombay HC’s Hexaware Verdict

The Finance Bill, 2026 has reignited a major legal and constitutional debate in India’s...

Budget 2026: Small Taxpayers to Get Faster Lower or Nil TDS Certificates Through Automated System

In a major step towards simplifying tax compliance and reducing direct interaction with tax...

Union Budget 2026: FM Sitharaman Unveils Major Tax Relief for Cooperatives, IT Services and Global Investors

Union Finance Minister Nirmala Sitharaman, in her Budget 2026 speech, announced a wide-ranging set...

Budget 2026: FM Sitharaman Proposes to Decriminalise Minor Tax Offences, Rationalise Penalty and Prosecution Framework

In a significant reform aimed at reducing tax litigation and improving ease of doing...

Budget 2026: FM Sitharaman Proposes Extended ITR Revision Window and Staggered Filing Deadlines

In a major relief for taxpayers, Union Finance Minister Nirmala Sitharaman, while presenting the...

New Income Tax Act from April 1, 2026: Know Who Benefits

Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026, announced a landmark...

Latest articles

ICAI Releases Revised Handbook on Finalisation of Accounts with GST Perspective [DOWNLOAD NOW]

The Institute of Chartered Accountants of India (ICAI) has released the revised edition of...

Supreme Court Resolves Reassessment Jurisdiction Dispute: Clarifies Role of Jurisdictional and Faceless Assessing Officers Under Income Tax Law

The Supreme Court has settled the long-standing controversy over whether reassessment notices and orders...

ICAI Releases Revised Handbook on Job Work Under GST [DOWNLOAD NOW]

The Institute of Chartered Accountants of India (ICAI), through its GST & Indirect Taxes...

Court Can’t Direct Extension GST Return Deadlines or Waive Interest and Penalties: Karnataka High Court

The Karnataka High Court has held that courts cannot direct GST authorities to permit...