No arrest by income tax recovery officer if you have failed to pay pending tax demands; amended Finance Bill 2026
One of the major taxpayer friendly initiatives that the amended Finance Bill 2026 introduced is removing the power to arrest […]
GSTAT Ernakulam Bench Becomes Operational; Appeals for Kerala and Lakshadweep to be Filed Before Tribunal
The Goods and Services Tax Appellate Tribunal (GSTAT), under the Ministry of Finance, has issued Public Notice No. 01/2026 dated
CAG Report Gujarat: GST deviations worth 2,606 cr flagged
The CAG has flagged GST deviations involving Rs 2,606.6 crore, referring to “deviations from the provisions of the Act” identified
CBDT Notifies Multiple Urban Development Authorities and SEZ Authority for Income-tax Exemption under Sections 10(46A) and 10(46) of the Income-tax Act, 1961
The Central Government, in exercise of its powers under the Income-tax Act, 1961, has issued a series of notifications all
Finance Bill, 2026: IT Dept issued Clarification on Amendment related to 12% Surcharge for Promoters in Buybacks
The Government of India has issued a clarification on March 25, 2026 regarding an amendment introduced through the Finance Bill,
Government Overhauls Fuel Duty Structure: Excise on Petrol Slashed to ₹3/Litre, Diesel to Nil; New ATF Levy Framework Introduced with Targeted Exemptions
In a significant recalibration of the fuel taxation framework, the Central Government has issued a series of Notifications all dated
No Recovery on mismatch of GSTR-1 & 3B, as Self-Assessed Tax under Section 75(12) of the CGST Act
The Hon’ble Gauhati High Court (Kohima Bench) in M/s ITI Ltd. v. Union of India & Ors. [WP(C)/150/2024 dated March
Does claiming depreciation on a portion of the tax component bar under the GST law
The Hon’ble Kerala High Court, in the case of M/s South Indian Bank Ltd. v. Joint Director, Directorate General of
CBDT Extends Due Date for Issuance of TDS Certificates for Q3 of FY 2025–26
The Central Board of Direct Taxes (CBDT), vide Circular No. 02/2026 dated March 25, 2026, has extended the due date
Supreme Court dismisses Fox Mandal’s plea over ₹3.9 crore service tax dispute
The Supreme Court on Wednesday dismissed a plea filed by law firm Fox Mandal & Co challenging the scope of
