News

Government proposes major revisions in the Draft Income Tax Rules, 2026 to update the tax valuation of employee perks like company cars, meals, and employer gifts in line with current costs.

Govt Proposes Major Changes in Employee Perquisites Valuation under Draft Income Tax Rules, 2026

Judgement

Court disposes batch of SLPs arising from Punjab & Haryana HC rulings quashing Section 148 notices issued outside faceless regime

SC Allows Revenue to Seek Review Before HC on Faceless Reassessment Notices Issued by JAO

Gujarat High Court holds that the limitation period for filing a GST appeal begins from the rejection of the rectification application and not from the original order.

GST Appeal Limitation Must Be Counted from Rectification Rejection, Holds Gujarat High Court

Govt. proposes to expand the 50% HRA exemption list to four more cities under the old tax regime to reflect rising urban housing costs and provide greater relief to salaried employees.

Income Tax HRA Exemption: Government expands Number of cities for 50% Deduction

The Court ruled that once a hearing date is fixed, the authority must either pass the order on that day or schedule a new date and inform the taxpayer about it.

Allahabad High Court Quashes GST Order Passed Without Proper Hearing

Articles

One of the major changes proposed is the renumbering of income tax forms which all taxpayers must be aware of.

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Govt Proposes Major Changes in Employee Perquisites Valuation under Draft Income Tax Rules, 2026

SC Allows Revenue to Seek Review Before HC on Faceless Reassessment Notices Issued by JAO

GST Appeal Limitation Must Be Counted from Rectification Rejection, Holds Gujarat High Court

Income Tax HRA Exemption: Government expands Number of cities for 50% Deduction

Allahabad High Court Quashes GST Order Passed Without Proper Hearing

Draft Income Tax Rules 2026: What are Major Income Tax Forms Renumbered as per new Act