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Supreme Court upheld the 28% GST on online gaming, Paytm said the ruling will not impact its core business.

SC Upholds 28% GST on Online Gaming, Paytm Says No Financial Impact on Operations

Missing your ITR filing could mean notices, penalties, and lost tax refunds – here's what you need to know.

What Happens If You Don't File Your ITR? Here's What You Need to Know

The Income Tax Department has urged taxpayers to file ITR-1 and ITR-2 before the July 31 deadline to avoid penalties and last-minute rush

Income Tax Department Urges Taxpayers to File ITR Before July 31 Deadline

The ITAT Agra Bench remanded the tax dispute to the Assessing Officer for fresh assessment, granting another opportunity despite the taxpayer's repeated non-appearance.

ITAT Gives One More Opportunity Despite Repeated Non-Appearance

Confused about the ITR filing deadline? Here's why some taxpayers must file by July 31 while others have until August 31, 2026.

Confused About ITR Due Date? Check Whether Your Deadline Is July 31 or August 31

ITAT quashed the reassessment after the AO made no addition on the very issue for which the assessment was reopened.

ITAT Quashes Reassessment Where No Addition Was Made on Reopening Issue

The ITAT deleted a Rs 70 lakh penalty, ruling that a genuine clerical mistake in an ITR, where all facts were disclosed, does not amount to misreporting of income under Section 270A.

ITAT Deletes Rs 70 Lakh Penalty, Says Genuine ITR Clerical Error Is Not Misreporting of Income

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

Income Tax

Finance

ICAI

Judgement

ITAT Delhi

ITAT

Chartered Accountant

CBDT

Institute of Chartered Accountants of India

The ITAT deleted a Rs. 43.03 lakh tax addition, holding that the AO cannot make ad hoc disallowances of purchases and expenses without identifying specific defects or bogus transactions.

ITAT Deletes Rs. 43.03 Lakh Tax Addition, Says AO Cannot Make Ad Hoc Disallowance of Purchases Without Specific Defects

The Supreme Court Holds Purchasing Dealer Cannot Claim Input Tax Credit if Supplier Has Not Paid GST to Government


Supreme Court Upholds Constitutionality of Section 16(2)(c) CGST Act  

ITAT grants relief to a 100% blind retired HMT employee by setting aside an ex parte assessment and directing fresh consideration of Rs 27.06 lakh cash deposit addition.

SC Upholds 28% GST on Online Gaming, Paytm Says No Financial Impact on Operations:

SC Upholds 28% GST on Online Gaming, Paytm Says No Financial Impact on Operations

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