Judgement

The Supreme Court held that TCS under Section 206C(1C) of the Income Tax Act is not applicable on compounding fees collected from persons involved in illegal mining activities.

Supreme Court Upholds Chhattisgarh HC Ruling: No TCS on Compounding Fees from Illegal Mining Activities

Articles

The draft income tax rules for 2026 and the related documents were released by the income tax department on February 8, 2026, for the stakeholders' comments and feedback.

Income Tax Act 2025: New Changes in Income Tax Rules from April 1, 2026

You can’t claim LTCG exemption by just buying a plot of land; you must construct a Residential House within 3 years.

Section 54 LTCG Exemption: Can You Claim It by Buying a Plot?

Result

Once the results are out, the candidates can check them at the official website, i.e., icai.nic.in, using their login credentials.

ICAI CA Inter and Foundation January 2026 Result to Be Out on This Date

ITAT held that Section 115JB (MAT) does not apply to a foreign company without a PE in India and quashed the Section 263 revision order, allowing exemption on Rs. 149.37 crore LTCG.

ITAT Delhi Quashes Section 263 Revision: MAT Not Applicable on Foreign Entity in Absence of PE

The Supreme Court of India has directed SpiceJet to deposit Rs. 144.51 crore within six weeks and imposed litigation costs.

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Supreme Court Upholds Chhattisgarh HC Ruling: No TCS on Compounding Fees from Illegal Mining Activities

Income Tax Act 2025: New Changes in Income Tax Rules from April 1, 2026

Section 54 LTCG Exemption: Can You Claim It by Buying a Plot?

ICAI CA Inter and Foundation January 2026 Result to Be Out on This Date

ITAT Delhi Quashes Section 263 Revision: MAT Not Applicable on Foreign Entity in Absence of PE

Supreme Court Directs SpiceJet to Deposit Rs. 144.51 Crore; Imposes Cost for Prolonged Litigation