No more Form 15G or 15H: 10 things to know about Form 121 if your tax liability is nil
If your income falls below the total taxable limit and you are not liable for any tax liability, you can […]
Supreme Court Stays Rs 14.91 Crore Customs Recovery Against HP India
The Supreme Court has granted interim relief to HP India Sales Pvt. Ltd. by staying recovery of a Rs 14.91
Income Tax Department Denies Allegations of Action Against Congress Leader K. Selva Perunthagai; Terms Claims Baseless and Misleading
It has been brought to notice of the Income Tax Department that a post dated 20.04.2026 was published on the
PAN rules explained: Here’s when it’s mandatory for your transactions
Quoting a Permanent Account Number (PAN) is no longer a formality in several high-value transactions but a regulatory requirement that
Missed tax break on property sale? ITAT allows Section 54 in reassessment
A recent ruling by the Income Tax Appellate Tribunal (ITAT) has offered relief to taxpayers who failed to claim capital
What happens if your employer deducts TDS but doesn’t deposit it with govt? ITAT ruling brings clarity
Imagine checking your Form 26AS and realising that the tax deducted from your salary never actually reached the government. Worse,
DGGI Ahmedabad Zonal Unit officials apprehend mastermind of the biggest GST refund fraud of around ₹1,825 crore at IGI Delhi airport
Mr. Kapil Chugh the mastermind of GST refund fraud wanted in many other economic criminal cases was arrested by the
CBIC Notifies Additional Authorised Officers for Food Import Clearance under FSS Act
The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, has issued Instruction No. 04/2026-Customs dated
Delhi High Court says share buybacks aren’t income, offers big tax relief to companies
In a major relief for India Inc, particularly for companies that rely on buybacks as a legitimate capital allocation strategy,
Retrospective jurisdiction fix triggers fresh tax disputes
A retrospective amendment to the Income Tax Act, 1961, clarifying the role of the Jurisdictional Assessing Officer (JAO) vis-Ã -vis the
