Sold house for ₹1.10 crore, tax computed on ₹1.96 crore? ITAT explains when Section 54 relief is still available
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has clarified that taxpayers may still be eligible for capital […]
No proposal under consideration to scrap LTCG tax on equities, government clarifies
The central government on Monday said there is no proposal at present to abolish the long-term capital gains (LTCG) tax
Can builder’s loose papers lead to an income tax notice? ITAT explains the law
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Income Tax Department cannot treat an
Once Income Tax dept accepts sales, it can’t doubt purchase: ITAT
The Income Tax Appellate Tribunal bench has said that once the I-T department accepts sales and calculates income tax based
Mastermind to pay Rs 35 Lakh Customs duty
The luxury and collectible pen smuggling case detected at Sardar Vallabhbhai Patel International Airport (SVPIA) took a significant new turn
‘Salaried employees lured by high refunds’: From Meerut slum, 30-year-old woman engineers Rs 357 crore tax fraud
Income Tax (I-T) department has unearthed a massive, nationwide fraudulent tax refund racket allegedly masterminded by a 30-year-old woman operating
Jammu and Kashmir Assigns Appellate Authority Roles for GST Appeals in Jammu and Kashmir Divisions
The Jammu and Kashmir State Taxes Department has assigned the role of Appellate Authority to two senior officers for the
CBDT issues two key notifications on scientific research approval and transfer of capital assets in the nuclear power sector
The Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, has issued two notifications relating to approval
Karnataka Government Appoints Four Deputy Commissioners as Authorised Representatives for GSTAT Proceedings
The Government of Karnataka has appointed four Deputy Commissioners of Commercial Taxes as authorised representatives for proceedings before the Goods
Weekly GST Communique dated July 20, 2026
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
