News

The Karnataka Taxpayers Association has urged the government to extend the AY 2026-27 TAR due date to October 31, citing delayed ITR utilities and increased compliance requirements.

Karnataka Taxpayers Association Seeks Extension of Tax Audit Report Due Date to October 31

NPCI says most small merchants will remain unaffected by GST on UPI MDR, as over 96% of transactions are below Rs 2,000.

GST on UPI MDR Will Not Add Extra Burden to Most Small Merchants, NPCI Clarifies Amid Concerns Over New Tax Rules

In relation to a bank fraud, the CBI Court has convicted and sentenced three public servants to Rigorous Imprisonment (RI) for a period of seven years. 

CBI Court Sentences Three Public Servants to Rigorous Imprisonment for Seven Years in Bank Fraud Case

Income Tax probe flags alleged fake CA certificates linked to Rs 4,427 crore in overseas transfers from Pune.

Income Tax Department Uncovers Rs 4,400 Crore Overseas Transfers, 2 Pune CAs Accused of Issuing Fake Certificates

Judgement

ITAT deleted a Section 69A addition after the assessee established the source of cash deposits through gifts, bank withdrawals and supporting post office records.

ITAT Sets Aside Section 69A Unexplained Money Addition on Gifts Received from Parents, Accepts Cash Withdrawal and Gift Trail

Articles

The Taxation Bar Association, Ludhiana, has urged the CBDT and Finance Minister Nirmala Sitharaman to extend the AY 2026-27 tax audit deadline to October 31 and the related ITR deadline to November 30.

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Karnataka Taxpayers Association Seeks Extension of Tax Audit Report Due Date to October 31

GST on UPI MDR Will Not Add Extra Burden to Most Small Merchants, NPCI Clarifies Amid Concerns Over New Tax Rules

CBI Court Sentences Three Public Servants to Rigorous Imprisonment for Seven Years in Bank Fraud Case

Income Tax Department Uncovers Rs 4,400 Crore Overseas Transfers, 2 Pune CAs Accused of Issuing Fake Certificates

ITAT Sets Aside Section 69A Unexplained Money Addition on Gifts Received from Parents, Accepts Cash Withdrawal and Gift Trail

Tax Audit Deadline: Ludhiana Association Seeks Extension Till October 31, 2026