News

CBI Court convicts private individuals for submitting forged documents to wrongfully claim central excise rebate.

CBI Court Sentences Three to 3 Years’ Jail in Rs. 1.18 Crore Excise Duty Rebate Fraud

To reduce this compliance burden, Budget 2026 has proposed the enabling filing of a declaration for no deduction to a depository.

Budget 2026: Single TDS Declaration to Depository for All Your Investments Starting April 2027

FM Sitharaman clarifies that only disability pensions due to service-related injuries will be tax-exempt from FY 2026-27.

Union Budget 2026: FM Sitharaman Revises Tax Exemption Rules for Armed Forces Disability Pensions

Judgement

ITAT held that property purchased using legally remitted foreign income by an NRI cannot be treated as unexplained investment and deleted the Rs. 56.15 lakh addition.

ITAT Relief: Overseas Earnings Legally Remitted Cannot Be Treated as Unexplained Investment

The government has proposed to remove the TAN requirement when deducting TDS on the purchase of immovable property from non-residents, effective from October 1, 2026.

New Relief for Individuals and HUFs: Govt. Removes TAN Requirement for Property Purchase from Non-Residents

Press Release

Former Reliance Communications executive taken into custody under PMLA over diversion of loan funds and overseas assets

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

CBI Court Sentences Three to 3 Years’ Jail in Rs. 1.18 Crore Excise Duty Rebate Fraud

Budget 2026: Single TDS Declaration to Depository for All Your Investments Starting April 2027

Union Budget 2026: FM Sitharaman Revises Tax Exemption Rules for Armed Forces Disability Pensions

ITAT Relief: Overseas Earnings Legally Remitted Cannot Be Treated as Unexplained Investment

New Relief for Individuals and HUFs: Govt. Removes TAN Requirement for Property Purchase from Non-Residents

ED arrests former RCOM Director Punit Garg in Rs. 40,000 crore bank fraud probe