Judgement

The Madras High Court has held that fresh proceedings under Sections 73, 74 or 74A of the CGST Act can be initiated against the legal heirs of a deceased taxpayer even when the business has been discontinued.

High Court Held GST Authorities Can Initiate Fresh Proceedings Against Legal Heirs Even After Taxpayer's Death

Articles

June 30 is a crucial deadline for taxpayers, as it marks the last date for the Income Tax Department to issue scrutiny notices under Section 143(2) for verifying filed ITRs and reported financial details.

ITR Filed Already? Know Why June 30 Can Be a Crucial Date for You

News

The CBI has arrested senior IAS officer Pankaj Aggarwal in connection with an alleged Rs 60.54 crore Haryana government funds scam linked to a larger Rs 504 crore banking fraud investigation.

CBI Arrests Haryana IAS Officer Pankaj Aggarwal Over Alleged Rs 60.54 Crore Misappropriation

Three key factors suggest the Income Tax Department is unlikely to grant any further extension for ITR filing in AY 2026-27.

No Last-Minute Relief? Why Taxpayers Shouldn't Expect an ITR Deadline Extension For AY 2026-27

A complete guide to the Section 87A rebate for AY 2026-27, covering eligibility, tax-free income limits, marginal relief, special income rules, and practical tax-saving examples.

Section 87A Rebate Explained: How to Pay Zero Tax up to Rs 12 Lakh Income in AY 2026-27

The ITAT Hyderabad has upheld an addition of Rs 3.75 crore made on account of unexplained excess gold stock found during survey proceedings.

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High Court Held GST Authorities Can Initiate Fresh Proceedings Against Legal Heirs Even After Taxpayer's Death

ITR Filed Already? Know Why June 30 Can Be a Crucial Date for You

CBI Arrests Haryana IAS Officer Pankaj Aggarwal Over Alleged Rs 60.54 Crore Misappropriation

No Last-Minute Relief? Why Taxpayers Shouldn't Expect an ITR Deadline Extension For AY 2026-27

Section 87A Rebate Explained: How to Pay Zero Tax up to Rs 12 Lakh Income in AY 2026-27

ITAT Upholds Rs 3.75 Crore Addition on Excess Gold Stock And Rejects Post Survey Gold Deposit Agreements