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Income Tax Officials Can’t Access Personal Emails, Social Media Of Assessees: MoS Pankaj Chaudhary Clarifies

The Government of India has categorically stated that Income Tax officials will not have...

Redevelopment Flat Value Not To Be Taxed U/s 56(2)(X) Of Income Tax Act: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has ruled that redevelopment flat...

Finance Bill 2025 Introduces New Provision Enabling Cross-Verification of Inconsistencies in ITR

The Finance Bill 2025 has introduced significant amendments to Section 143(1) of the Income-tax...

Finance Bill, 2025: Amendments In Chapter XIV-B Of Income-Tax Act 1961

The Finance Bill, 2025 has notified the amendment in the  Chapter XIV-B of the...

Finance Bill 2025: Government Amends Definition of ‘Capital Asset’

The Finance Bill 2025 has introduced a significant amendment to the definition of “capital...

Government Expands Tax Exemptions for Non-Residents in IFSC under Section 10(4E) of Income Tax Act

In a significant move to enhance India's attractiveness as a global financial hub, the...

Finance Bill 2025 Expands ‘Resultant Fund’ Definition, Eases Conditions for Retail Schemes & ETFs

The Government of India has proposed an amendment to Section 10(4D) of the Income-tax...

Finance Bill 2025 Amends Section 10(10D) To Exempt Life Insurance Proceeds From IFSC Intermediaries Without Premium Cap

The Finance Bill, 2025 has introduced a significant amendment to Section 10(10D) of the...

Finance Bill 2025: Presumptive Tax Provisions Under The New Section 44BBD

The Indian government has introduced an amendment to the proposed Section 44BBD of the...

Finance Bill 2025: Tax Treatment Of Offshore Fund Managers In India

In a significant move aimed at reducing compliance burdens and facilitating the relocation of...

ITAT Quashes Assessment and Penalty Orders Passed During IBC Admission Period

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has assessment and penalty orders...

Step-Siblings Are Relatives, Gift Not Taxable Under Section 56(2) of Income Tax Act: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the step-siblings...

Latest articles

CESTAT Quashes Excise Duty Demand on Poultry Cage Weld Mesh

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Commission Retained on Air Tickets Bought Through GSA/IATA Agents Not Taxable as Business Auxiliary Service

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

CENVAT Credit Can’t Be Denied on Duty-Paid Inputs from Area-Based Exempt Units: CESTAT

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Ignoring Taxpayer’s Reply While Rejecting GST Refund Is Illegal: Bombay High Court

The Bombay High Court has set aside an ex-parte order rejecting a GST refund...