News

CBI has caught two individuals along with one public servant, an Inspector of MCD in New Delhi, red-handed while accepting a Rs 15 lakh bribe.

CBI Nabs Senior Secretariat Assistant, MCD, Along With Two Others in Rs 15 Lakh Bribery Case

Bikaner Tax Consultants Association has urged extension in Tax Audit Report and Forms 10B/10BB deadlines to October 31, citing workload and compressed compliance timelines.

Bikaner Tax Consultants Seek Extension of TAR, Forms 10B/10BB and Audited ITRs Due Dates for AY 2026-27

The Supreme Court will examine whether regular Assessing Officers can legally issue reassessment notices under the retrospectively inserted Section 147A.

Supreme Court to Examine Section 147A Validity: Can Jurisdictional Assessing Officers Continue Issuing Reassessment Notices?

AIMTPA has urged Finance Minister to extend the Tax Audit Report and Audit ITR deadline, citing workload and the need for adequate audit verification time.

AIMTPA Requests Finance Ministry to Extend TAR and Audit ITR Due Dates After Workload Mounts 

Judgement

The ITAT Mumbai deletes major additions based on unverified excel sheets and restricts unaccounted sales to actual figures.

ITAT Holds Uncorroborated Excel Data and Selectively Matched Entries Cannot Sustain Additions

Burnpur Cement faces a combined Rs 30.91 lakh penalty from NSE and BSE, adding to its financial pressure amid zero revenue and ongoing ARC management.

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CBI Nabs Senior Secretariat Assistant, MCD, Along With Two Others in Rs 15 Lakh Bribery Case

Bikaner Tax Consultants Seek Extension of TAR, Forms 10B/10BB and Audited ITRs Due Dates for AY 2026-27

Supreme Court to Examine Section 147A Validity: Can Jurisdictional Assessing Officers Continue Issuing Reassessment Notices?

AIMTPA Requests Finance Ministry to Extend TAR and Audit ITR Due Dates After Workload Mounts

ITAT Holds Uncorroborated Excel Data and Selectively Matched Entries Cannot Sustain Additions

Burnpur Cement Hit With Rs 30.91 Lakh Combined Fine by NSE and BSE, Says Penalty Could Further Worsen Financial Position