Judgement

The Income Tax Appellate Tribunal (ITAT), Delhi, has quashed reassessment proceedings holding that the alleged escaped income was only Rs 4.27 lakh and not the entire transaction value.

Commodity Trader's Rs. 2.48 Crore NSEL Transactions Drew Tax Scrutiny; ITAT Cancels Reassessment Over Rs. 4.27 Lakh Profit

High Court grants conditional stay, protecting assessee during pendency of second tax appeal.

Tata Play Wins Interim Relief in Entry Tax Case; High Court Orders Installment-Based Payment

Circulars

MeitY revises HSE exemption criteria under the Compulsory Registration Order, effective 15 June 2026.

CBIC Circular on Implementation of MeitY exemption for Highly Specialized Equipment

News

ICAI will declare the CA Final May 2026 results on June 18 evening and candidates can check their results online using their registration and roll numbers.

ICAI to Declare CA Final May 2026 Results on June 18

The Allahabad High Court has granted bail to an accused booked under Section 132 of the CGST Act in connection with an alleged fraudulent Input Tax Credit (ITC) racket.

Allahabad High Court Grants Bail in Rs 45.84 Crore Fake ITC Case Holding that Bail is Rule and Jail is Exception

Notifications

MeitY has revised the CRS product category to cover standalone HDDs, making compliance under IS 13252 (Part 1): 2010 mandatory from November 5.

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Commodity Trader's Rs. 2.48 Crore NSEL Transactions Drew Tax Scrutiny; ITAT Cancels Reassessment Over Rs. 4.27 Lakh Profit

Tata Play Wins Interim Relief in Entry Tax Case; High Court Orders Installment-Based Payment

CBIC Circular on Implementation of MeitY exemption for Highly Specialized Equipment

ICAI to Declare CA Final May 2026 Results on June 18

Allahabad High Court Grants Bail in Rs 45.84 Crore Fake ITC Case Holding that Bail is Rule and Jail is Exception

MeitY Revises Product Category Under CRS; Standalone HDD Compliance Effective November 2026