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ITAT deleted Rs 9.25 lakh of a tax addition after accepting part of a Mumbai taxpayer's family gift claim for cash credit card payments.

Mumbai Taxpayer Gets ITAT Relief in Rs 13.95 Lakh Credit Card Cash Payment Case

Bulandshahr Police arrested a wanted man carrying a Rs 25,000 reward and six associates in an alleged Rs 1.22 crore GST evasion case involving fake firms and bogus manpower supply bills.

Man Carrying Rs 25,000 Reward Arrested in Rs 1.22 Crore GST Evasion Case Involving Fake Firms in Bulandshahr

The RBI has imposed six-month restrictions on Puducherry Co-operative Urban Bank, including a Rs 5,000 cash withdrawal limit, amid financial concerns.

RBI Imposes Restrictions on Puducherry Co-operative Urban Bank for Six Months, Caps Cash Withdrawals at Rs 5,000

Star Paper Mills faces a Rs 1.55 crore GST demand for FY24 over input tax credit on fire-damaged raw materials and other tax issues, and plans to challenge the order through an appeal.

Star Paper Mills to Challenge Rs 1.55 Crore GST Demand Order Over Disallowance of Input Tax Credit on Raw Materials Destroyed in Fire

The ITAT Kolkata held assessment as invalid where mandatory scrutiny notice remains unserved and pecuniary jurisdiction is violated.

ITAT Quashes Assessment for Non-Service of Section 143(2) Notice 

The ICAI has opened the application window at observers.icaiexam.icai.org, for the Empanelment of members for the CA January 2027 Examinations, including the Advanced ICITSS Test.

ICAI Opens Application Window for Empanelment of Members to Act as Observer at CA January 2027 Exams

The ITAT Kolkata holds that Ad Hoc disallowance cannot be sustained without identifying defects in audited books.

ITAT Deletes Expense Disallowance Based on Mere Suspicion

The ITAT Bangalore has allowed tax exemption on BSNL VRS retrenchment compensation and eligible leave encashment, granting major relief to retired employees.

 ITAT Rules BSNL VRS Compensation Exempt from Tax Under Section 10(10B), Grants Leave Encashment Relief

The Central Government has granted an income tax exemption to the Kerala Headload Workers Welfare Board for tax years 2026-27 to 2028-29, subject to compliance with the prescribed conditions under the Income Tax Act, 2025.

Kerala Headload Workers Welfare Board Granted Income Tax Exemption for Three Tax Years

Don't rely on an ITR deadline extension. File early to avoid errors, penalties, and refund delays.

ITR Filing: Why You Shouldn't Rely on a July 31 Deadline Extension

The Income Tax Department has uncovered a Rs 65.5 crore fake tax refund scam involving bogus deduction claims under Section 80GGC. 

Meerut Accountant Accused in Rs 65.5 Crore Income Tax Refund Scam

A professional's viral post about paying nearly Rs 1 crore in taxes but receiving no support after being laid off has reignited the debate on social security and taxpayer benefits in India.

Professional’s Viral Post on Rs 1 Crore Tax Sparks Debate on India’s Social Security

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ICAI

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ITAT Delhi

ITAT

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CBDT

ITAT Mumbai

Maharashtra government clarifies that a co-owner can register the sale of their share in jointly owned 7/12 land without other co-owners’ NOC if the prescribed ‘KA’ measurement record is attached.

Maharashtra Govt Eases Registration of Jointly Owned Land Sales, ‘KA’ Copy Can Replace Co-Owners’ NOC

Rajasthan Police warns citizens against WhatsApp hacking scams involving fake QR codes, OTP fraud and suspicious links, urging users to secure their accounts and report cybercrime immediately.

Rajasthan Police Warns of WhatsApp Account Hacking Scams, Urges People to Beware of Fake QR Codes and OTP Fraud

The ITAT deleted Section 69C addition after finding that the AO failed to provide evidence of alleged cash purchases and noting that the assessee’s presumptive income under Section 44AD had been accepted.

Mumbai Taxpayer Gets ITAT Relief in Rs 13.95 Lakh Credit Card Cash Payment Case:

Mumbai Taxpayer Gets ITAT Relief in Rs 13.95 Lakh Credit Card Cash Payment Case

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