Articles

The department is investigating tax returns where people are suspected of claiming unrealistic exemptions to reduce their taxes.

Income Tax Department Investigating Overstated Exemption Claims by Salaried Employees

If taxpayers fail to file the ITR on time or do not file it at all, they may have to face the consequences of the late filing of the ITR.

ITR Forms not released yet: Know What are Penalties for Non or Late Filing of Income Tax Return

On April 22, 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 27/2025.

CBIC Announces Addition of Rohini Yard Jetty to Coastal Trade Ports List

LIC launches a special window for death claim settlements in response to the Pahalgam tragedy, outlining the process and required documents for filing a claim.

Pahalgam Tragedy: LIC Launches Special Window for Death Claim Settlements and Know How to File a Claim

DGFT has amended the import policy for Synthetic Knitted Fabrics, imposing a Minimum Import Price (MIP) with exceptions for certain units and imports valued above 3.5 USD per kilogram.

DGFT Makes Changes to Import Policy for Synthetic Knitted Fabrics

Judgement

ITAT allowed Section 54 capital gain exemption for sale of land with a temporary residential structure, ruling in favor of the assessee.

ITAT Allows Capital Gain Exemption For Sale Of Land Having Temporary Residential Structure [Read Order]

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