News

The GST officials inspected businesses across Kohima to verify tax compliance, records and stock details.

GST Officials Conduct Search and Seizure Drive Across Kohima Businesses

Judgement

Tribunal remands reassessment after finding deposits potentially sourced from foreign salary and FDR maturities.

ITAT Remands Rs.80 Lakh Addition Against Seafarer After Finding Bank Records Explained Deposits

Articles

Taxpayers can correct mistakes in their filed Income Tax Returns through a revised return and avoid potential tax disputes or penalties.

Made a Mistake in Your ITR? File a Revised Return to Correct Errors and Avoid Penalties

Tribunal holds overseas advisory services taxable only in residence country under applicable treaty.

ITAT Holds Marketing Advisory Receipts Not Taxable as FTS

The Income Tax Department has enabled ITR-3 filing for AY 2026-27 by releasing the Excel utility with new disclosure requirements for business taxpayers, professionals, and traders.

IT Department Releases ITR-3 Excel Utility for AY 2026-27; Filing Begins with New Disclosure Requirements

LG Electronics India Ltd has received a Rs 8.23 crore income tax penalty over a 2013-14 incentive tax dispute with the Uttar Pradesh government and plans to challenge the order in appeal.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

GST Officials Conduct Search and Seizure Drive Across Kohima Businesses

ITAT Remands Rs.80 Lakh Addition Against Seafarer After Finding Bank Records Explained Deposits

Made a Mistake in Your ITR? File a Revised Return to Correct Errors and Avoid Penalties

ITAT Holds Marketing Advisory Receipts Not Taxable as FTS

IT Department Releases ITR-3 Excel Utility for AY 2026-27; Filing Begins with New Disclosure Requirements

LG Electronics India Faces Rs 8.23 Crore Tax Penalty, Plans Legal Challenge