News

Wipro announced a Rs 15,000 crore share buyback to return surplus capital, boost investor confidence, reduce shares outstanding, and improve earnings per share despite a slight profit decline.

Wipro Announces Rs 15,000 Crore Share Buyback Plan; Attempt to Provide Relief to Investors

Notifications

The GSTAT Hyderabad Bench will commence its operations from April 20, 2026, handling GST appeals for Telangana and initiating defect rectification hearings.

Big Update! Most Awaited GSTAT Hyderabad Bench Is Now Functional: Effective April 20, 2026

Judgement

The ITAT rules MAT not applicable to nationalised banks, allowing relief on multiple tax disallowances.

ITAT Rules MAT Not Applicable to Nationalised Banks; Grants Relief

Exam

The ICAI clarified that media reports about a new authority for CA exams were incorrect, advised students to ignore rumours, and encouraged them to focus on their upcoming May examinations.

Official Update: ICAI Denies Claims of New Authority for CA Exams

The Government has clarified that an Income-Tax Clearance Certificate (ITCC) is not required for all citizens, only for specific cases under Section 230 of the Income-tax Act, 1961.

Govt Clarifies Not Every Citizen Is Mandatory to Obtain an ITCC Before Leaving India

The Delhi ITAT quashed a reassessment notice sent on April 1, 2021 for not following the new Section 148A procedure.

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Wipro Announces Rs 15,000 Crore Share Buyback Plan; Attempt to Provide Relief to Investors

Big Update! Most Awaited GSTAT Hyderabad Bench Is Now Functional: Effective April 20, 2026

ITAT Rules MAT Not Applicable to Nationalised Banks; Grants Relief

Official Update: ICAI Denies Claims of New Authority for CA Exams

Govt Clarifies Not Every Citizen Is Mandatory to Obtain an ITCC Before Leaving India

Reopening Notice Sent on April 1 Must Follow Amended Section 148A Procedure: ITAT