News

The Govt has proposed amendments to the Payment and Settlement Systems Act and the Income-tax Act to simplify digital payment compliance and provide greater flexibility for foreign investment funds.

Govt Proposes Major Amendments to Payment and Settlement Systems Act, 2007, and Income Tax Act, 2025

A Punjab-Delhi-based gang allegedly posed as Microsoft and law enforcement officials to defraud US citizens of hundreds of thousands of dollars.

CBI Arrests Four for Running US-Focused Tech Support Fraud from Punjab, Delhi

GSTN has introduced a new security measure requiring taxpayers to enter their registered email ID along with the TRN and captcha code to access the GST registration application.

GST Portal Update: Registered Email ID Now Mandatory Along With TRN to Access Registration Application

Press Release

Kedarnath Urban Co-operative Bank has been penalised Rs 40,000 by RBI for non-compliance with KYC and SAF regulations.

RBI Penalises Kedarnath Urban Co-operative Bank for Regulatory Non-Compliance

Judgement

ITAT remanded the capital gains dispute to the CIT(A), holding that the appeal should be decided on merits rather than ex-parte.

ITAT Gives Taxpayer One More Opportunity to Present Evidence, Remands Ex-Parte Appeal to CIT(A)

ITAT held that the Income Tax Department adopted the wrong legal procedure by reopening the assessments under Section 147 instead of proceeding under Section 153C.

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Govt Proposes Major Amendments to Payment and Settlement Systems Act, 2007, and Income Tax Act, 2025

CBI Arrests Four for Running US-Focused Tech Support Fraud from Punjab, Delhi

GST Portal Update: Registered Email ID Now Mandatory Along With TRN to Access Registration Application

RBI Penalises Kedarnath Urban Co-operative Bank for Regulatory Non-Compliance

ITAT Gives Taxpayer One More Opportunity to Present Evidence, Remands Ex-Parte Appeal to CIT(A)

ITAT Quashes Section 147 Reassessment Proceedings, Holds Income Tax Dept Must Follow Section 153C After Third-Party Search