News

The Goods and Services Tax Network (GSTN) has now enabled the filing of Letter of Undertaking (LUT) on the GST Portal for the Financial Year 2026-27.

GSTN Update: LUT Filing for FY 2026-27 Now Live on GST Portal; Check Details and Step-by-Step Guide

Judgement

CBDT’s challenge fails as Supreme Court refuses to interfere with Telangana High Court ruling on tax exemption framework

Supreme Court Upholds HC Direction to Notify State Pollution Control Boards for Income Tax Exemption

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

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.

Explore Our Blogs

GSTN Update: LUT Filing for FY 2026-27 Now Live on GST Portal; Check Details and Step-by-Step Guide

Supreme Court Upholds HC Direction to Notify State Pollution Control Boards for Income Tax Exemption

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