Karnataka HC rejects income tax appeal against Sony India software centre
The Karnataka High Court dismissed an Income Tax Appeal filed by the Income Tax Department against Sony India Software Centre […]
ITR Filing Deadline Extension Sought Due to Form 26AS, AIS Issues and System Errors: GCCI
The Gujarat Chamber Commerce & Industry (GCCI) has asked for an extension for the income tax return (ITR) deadline since
When Joint Ownership Turns Risky: Spouse Faces Tax Notice Over Partner’s ₹6.75 Crore Property Purchase
A recent Bombay High Court ruling has provided significant relief in a joint property ownership tax dispute. The case involved
Bogus trusts suspected of laundering CSR funds uncovered in I-T raids, search set to widen
The Income Tax Department has uncovered a CSR-linked suspected money laundering network where several companies allegedly channelled their mandatory Corporate
Mumbai GST fraud: 2 directors arrested; Rs 50 crore evasion uncovered
The State Goods and Services Tax (SGST) department arrested two company directors in separate cases of alleged fraudulent Input Tax
Shipping Corporation secures ₹146 crore relief as CESTAT rules in its favour on service tax dispute
State-owned Shipping Corporation of India Ltd (SCI) on Thursday (August 14) said it has secured a favourable ruling from the
CBDT notifies Twenty-First Amendment to Income-tax Rules; Key changes related to Appendix-II, Form No. 7
The Central Board of Direct Taxes (CBDT) vide Notification No. 132/2025 dated August 14, 2025 notified the Income-tax (Twenty-First Amendment)
CBDT and CBIC face significant staff shortages amid tax reforms
Amid preparations for new Income Tax legislation and other reforms in indirect tax administration, the Central Board of Direct Taxes
India’s Exports Rise 5.23% in April–July 2025, Driven by Engineering, Electronics, and Gems & Jewellery
India’s trade performance continued its upward trajectory in the first four months of FY 2025–26, with the Ministry of Commerce
ICAI Releases Comprehensive ITR-1 & ITR-4 Filing Checklist for AY 2025–26
The Institute of Chartered Accountants of India (ICAI), through its Direct Taxes Committee (DTC), has issued an extensive “Checklist for
