News

CBI arrests an MIB finance officer for allegedly accepting a Rs 10 lakh bribe to expedite a private company’s contract renewal.

CBI Arrests MIB Finance Officer in Rs 10 Lakh Bribery Case

Govt introduced new Taxation and Other Laws (Amendment) Act, 2026, to further amend the Payment and Settlement Systems, Income Tax and Finance Acts. 

Centre Notifies Taxation and Other Laws (Amendment) Act, 2026: Key Amendments to Income Tax, Finance and Payment Laws

Judgement

The ITAT Chennai has remanded the issue concerning the validity of reassessment notices issued by the AO under Sections 148A and 148 for fresh adjudication. 


ITAT Remands Reassessment Validity Issue to CIT(A) for Fresh Adjudication After Finance Act 2026 Developments

Notifications

Finance Ministry Announces 7.1% Interest on Special Deposit Scheme Until September 30

ITAT holds deductions under Sections 36(1)(viia) and 36(1)(viii) operate independently for computation purposes.

ITAT Deletes Rs 25.12 Crore Disallowance on Independent Section 36 Deduction Computation

The ICAI is helping Tirumala Tirupati Devasthanams strengthen its donation accounting framework to improve transparency and financial management of devotee contributions.

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CBI Arrests MIB Finance Officer in Rs 10 Lakh Bribery Case

Centre Notifies Taxation and Other Laws (Amendment) Act, 2026: Key Amendments to Income Tax, Finance and Payment Laws

ITAT Remands Reassessment Validity Issue to CIT(A) for Fresh Adjudication After Finance Act 2026 Developments

Finance Ministry Announces 7.1% Interest on Special Deposit Scheme Until September 30

ITAT Deletes Rs 25.12 Crore Disallowance on Independent Section 36 Deduction Computation

ICAI to Strengthen Tirupati Temple’s Donation Accounting System Amid Growing Focus on Temple Finances