Judgement

ITAT held that property purchased using legally remitted foreign income by an NRI cannot be treated as unexplained investment and deleted the Rs. 56.15 lakh addition.

ITAT Relief: Overseas Earnings Legally Remitted Cannot Be Treated as Unexplained Investment

News

The government has proposed to remove the TAN requirement when deducting TDS on the purchase of immovable property from non-residents, effective from October 1, 2026.

New Relief for Individuals and HUFs: Govt. Removes TAN Requirement for Property Purchase from Non-Residents

Articles

This year, the government aimed at changing the income tax law, simplifying ITR filing and reducing the compliance burden for the taxpayers.

Budget 2026-27: Government Announces ITR Filing Deadline Extension

The government has proposed to offer TDS exemption towards the interest on the compensation amount awarded by the Motor Accidents Claims Tribunal to an individual.

Budget 2026: Tax Exemption on Interest from Motor Accident Compensation 

The government has simplified the process of obtaining nil or lower TDS certificates by introducing an online application system effective from April 1, 2026.

Big Relief! Govt Proposes New Electronic Option to Apply for Nil or Lower TDS Certificates; Effective April 2026

CPC’s denial of Sections 11–12 benefit at processing stage quashed; delay in filing Form 10B held curable

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ITAT Relief: Overseas Earnings Legally Remitted Cannot Be Treated as Unexplained Investment

New Relief for Individuals and HUFs: Govt. Removes TAN Requirement for Property Purchase from Non-Residents

Budget 2026-27: Government Announces ITR Filing Deadline Extension

Budget 2026: Tax Exemption on Interest from Motor Accident Compensation

Big Relief! Govt Proposes New Electronic Option to Apply for Nil or Lower TDS Certificates; Effective April 2026

Late Form 10B Can’t Block Charity Exemption When Audit Report Was Already on Record: ITAT