Man gifts a house to father; Income Tax Dept questions ‘timing and intent’ – ITAT flags these lapses
In a ruling that draws a clear line between legitimate tax planning and tax avoidance, the Hyderabad bench of the […]
Foreign exporter not liable for importer’s acts: Bombay High Court quashes customs notices against German textile firm
The Bombay High Court recently quashed show cause notices issued to a German textile firm for alleged misdeclaration of imported
SHOCKING GST PORTAL TWIST: ITC Cross-Utilisation Feature Quietly Removed — No official Clarification, Massive Risk for Taxpayers!
In a deeply concerning development, the GST Portal has silently removed the cross-utilisation facility of Input Tax Credit (ITC) from
New Income Tax assessment procedure: Notices, timelines, rules explained
With the start of the new financial year on April 1, 2026, updated Income Tax assessment rules have officially come
PhysicsWallah’s tax demand trimmed to ₹192.76 crore; appeal filed
Edtech firm PhysicsWallah Limited has secured partial relief in an income-tax dispute, with the tax demand for assessment year 2023–24
CIC flags lack of tracking system for tax evasion complaints, urges GST authorities to improve transparency
The lack of a formal status-tracking mechanism for tax evasion complaints can fuel suspicion among complainants that their case may
MCA invites public comments for reviewing the Companies (Incorporation) Rules, 2014 and for the rationalisation of the filing framework under the Companies Act, 2013
The Ministry of Corporate Affairs (MCA) invites public comments for reviewing the Companies (Incorporation) Rules, 2014 and for the rationalisation
BIG UPDATE: Income Tax Department Releases Offline Utilities for Forms 145 & 146 Under Income Tax Act, 2025 – Major Boost for Non-Resident Payment Compliance
The Income Tax Department has released the latest version of the Common Offline Utility for statutory Forms 145 and 146
Government Notifies India’s First Chip Fabrication Plant at SEZ Dholera
Government has notified that an SEZ to be set up by M/s. Tata Semiconductor Manufacturing Private Limited exclusively for Electronic
CBIC Notifies Appointment of Adjudicating Authorities for Customs Cases Pertaining to M/s Control Components India Pvt. Ltd.
The Government of India has issued Notification No. 38/2026-Customs (N.T.) dated April 16, 2026, to streamline adjudication proceedings under the
