Judgement

The ITAT held that no demonetisation addition on cash sales can be made where the assessee maintained complete sales invoices, stock registers, VAT returns and audited accounts

No Demonetisation Addition on Cash sales where Assessee Maintained Proper Sales, Stock and Audit Records: ITAT

Articles

Currently, the income tax rules follow the changes introduced in Budget 2025, which made the current tax system easier for middle-income people.

Union Budget 2026 Ahead: Key Income Tax Changes Introduced in Budget 2025

News

The Income Tax Department Raids Rice Traders in Gaya and Aurangabad Over Suspected financial irregularities & Disproportionate Assets.

IT Department Conducts Raids Over Suspected Disproportionate Assets in Bihar

Adjudication under GST cannot travel beyond SCN; violation of Section 75(7) held fatal

HC Quashes GST Demand Passed Beyond Show Cause Notice; Matter Remanded for Fresh Adjudication

ICAI’s UDIN Mobile App User Manual provides a simple, step-by-step guide for easy UDIN generation, management, and verification on mobile devices.

ICAI Releases User Manual Version 1.0 of UDIN Mobile App; Here's What You Need to Know

The Supreme Court paused UGC’s new anti-discrimination rules, citing vague provisions and risk of social division.

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No Demonetisation Addition on Cash sales where Assessee Maintained Proper Sales, Stock and Audit Records: ITAT

Union Budget 2026 Ahead: Key Income Tax Changes Introduced in Budget 2025

IT Department Conducts Raids Over Suspected Disproportionate Assets in Bihar

HC Quashes GST Demand Passed Beyond Show Cause Notice; Matter Remanded for Fresh Adjudication

ICAI Releases User Manual Version 1.0 of UDIN Mobile App; Here's What You Need to Know

Supreme Court Flags Risk of Social Division in UGC’s New Anti-Discrimination Rules