Judgement

The Supreme Court has stayed the Punjab and Haryana High Court judgment striking down Section 147A of the Income-tax Act, pending final hearing on December 3.


Supreme Court Stays Punjab & Haryana High Court Ruling Declaring Income-Tax Section 147A Unconstitutional

News

The Supreme Court has stayed the Punjab and Haryana High Court judgment which had declared the retrospectively inserted Section 147A as unconstitutional.


Supreme Court Stays Verdict Declaring Retrospective Section 147A of Income Tax Act Unconstitutional

Valmo, Meesho’s logistics arm, has helped around 10,000 delivery partners begin filing ITRs, with nearly Rs 2 crore in tax refunds claimed so far, while helping many first-time filers formalise their income.

Meesho’s Valmo Helps 10,000 Delivery Partners File ITRs, Claim Rs 2 Crore in Refunds

ITAT deletes Rs 18.34 lakh tax addition, holding PG medical stipend linked to education eligible for Section 10(16) exemption.

ITAT Deletes Rs 18.34 Lakh Tax Addition on PG Medical Stipend, Holds Payment Linked to Education Eligible for Section 10(16) Exemption

Notifications

CBDT has approved IIT Roorkee for scientific research under the Income-tax Act, 2025, for tax years 2026-27 to 2030-31, subject to prescribed compliance conditions.

CBDT Approves IIT Roorkee for Scientific Research Tax Benefits for 5 Years Under Income Tax Act 2025

Credit card cashbacks and reward points are generally treated as discounts, but their taxability may depend on how the benefits are received or used.

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Supreme Court Stays Punjab & Haryana High Court Ruling Declaring Income-Tax Section 147A Unconstitutional

Supreme Court Stays Verdict Declaring Retrospective Section 147A of Income Tax Act Unconstitutional

Meesho’s Valmo Helps 10,000 Delivery Partners File ITRs, Claim Rs 2 Crore in Refunds

ITAT Deletes Rs 18.34 Lakh Tax Addition on PG Medical Stipend, Holds Payment Linked to Education Eligible for Section 10(16) Exemption

CBDT Approves IIT Roorkee for Scientific Research Tax Benefits for 5 Years Under Income Tax Act 2025

Is Income Tax Payable on Credit Card Cashback and Reward Points? Know What Experts Say