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
ICAI Releases booklet on Income Tax Act, 2025 (As Amended by the Finance Act, 2026) Including Tabular Mapping Of Sections Vis-A-Vis Income-Tax Act, 1961
The Institute of Chartered Accountants of India (ICAI) has released the updated second edition of its publication on the Income-tax
Deposit of tax during search or investigation cannot be treated as ‘voluntary payment’
The Hon’ble Bombay High Court in the case of Modern Traders v. Deputy Commissioner/Joint Commissioner, Nagpur – II & Ors.
GSTN issued very Important Advisory on Re-Computation of Interest under Table 5.1 of GSTR-3B
The GSTN issued detailed Advisory 657 dated April 16, 2026 for taxpayers wherein the system-calculated interest for the February 2026
New ITR forms: NRIs will now have to separately disclose turnover and income under the new presumptive income scheme
The revised Income Tax Return (ITR) forms for AY 2026–27 now include dedicated fields to report income from businesses covered
ITAT: Co-owner tag alone can’t trigger tax addition
The Mumbai bench of the income tax appellate tribunal (ITAT) has held that merely being named as a co-owner in
India’s Total Exports Reach US$ 860.09 Billion in FY 2025–26, Recording 4.22% Growth; Imports Rise to US$ 979.40 Billion with 6.47% Increase
India’s overall export performance during the financial year 2025–26 (April–March) reflects steady growth, driven primarily by the services sector and
CBIC Prescribes Procedure for Handling Return of Export Cargo Offloaded at Foreign Ports Amid Strait of Hormuz Disruption
The Central Board of Indirect Taxes & Customs (CBIC), under the Ministry of Finance, has issued Circular No. 21/2026-Customs dated
Customs arrest businessman and CHA trying to export drugs in Mumbai
The Customs arrested a businessman and a clearing agent for allegedly trying to export a chemical without a prior no
