News

Two Income Tax officials and two others were arrested for allegedly conducting a fake raid at a Mumbai firm and demanding Rs 1 crore.

Fake IT Raid at Mumbai Firm: 2 Income Tax Officials Among 4 Arrested, Rs 1 Crore Demand

GST officer Divesh Sahu and CA Ajay Sharma were arrested in Jind for allegedly demanding Rs 5 lakh and accepting a Rs 3 lakh bribe in a tax case.

Jind Bribery Trap: GST Officer, CA Arrested Over Rs 5 Lakh Bribe Demand

Judgement

ITAT directs the AO to tax Rs 75 lakh surrendered during a 2016 survey at the normal rate, holding that the amended 60% rate under Section 115BBE applies from FY 2017-18.

ITAT Allows Normal Tax Rate on Rs 75 Lakh Survey Surrender, Rejects 60% Section 115BBE Levy

CBI has filed its 20th chargesheet against Ajnara India, its promoters/directors and 15 financial institution officials over alleged homebuyers’ fraud in Noida.

CBI Files 20th Chargesheet Against Builder Company, Promoters/Directors and Officials of Financial Institutions in Homebuyers’ Fraud Case

CBI has registered five new cases against builders over alleged homebuyer fraud, with searches conducted across Bengaluru, Mumbai and Pune.

CBI Registers 5 New Cases Against Builders Over Alleged Homebuyer Fraud

Orders

CBDT has authorised the sharing of specified income-taxpayer information with Andhra Pradesh to identify eligible beneficiaries for state welfare schemes under Section 258(1) of the Income-tax Act, 2025.

Explore Our Blogs

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

Fake IT Raid at Mumbai Firm: 2 Income Tax Officials Among 4 Arrested, Rs 1 Crore Demand

Jind Bribery Trap: GST Officer, CA Arrested Over Rs 5 Lakh Bribe Demand

ITAT Allows Normal Tax Rate on Rs 75 Lakh Survey Surrender, Rejects 60% Section 115BBE Levy

CBI Files 20th Chargesheet Against Builder Company, Promoters/Directors and Officials of Financial Institutions in Homebuyers’ Fraud Case

CBI Registers 5 New Cases Against Builders Over Alleged Homebuyer Fraud

CBDT Approves Income-Tax Data Sharing With Andhra Pradesh Government For Beneficiary Identification