Judgement

ITAT condoned an 86-day delay and restored a taxpayer’s Rs 1.47 lakh foreign tax credit claim to the AO for fresh examination after CPC denied the credit.

ITAT Restores Rs 1.47 Lakh Foreign Tax Credit Claim Dispute for Fresh Adjudication After Condoning 86-Day Delay

Notifications

CBDT’s Income Tax (Fifth Amendment) Rules, 2026 revise Form 141 and introduce Schedule E for detailed TDS reporting on immovable property transactions, particularly purchases from non-resident sellers.

CBDT Amends Income Tax Rules 2026, Introduces New TDS Reporting Requirements for Property Transactions

News

JK Paper faces a Rs 2.54 crore GST demand over alleged excess ITC and plans to challenge the order in appeal.

JK Paper Faces Rs 2.54 Crore GST Demand Over Alleged Excess ITC

MP P.P. Chaudhary has urged Finance Minister to extend the AY 2026-27 Tax Audit Report filing deadline from September 30 to October 31, citing practical and compliance-related difficulties.

MP P.P. Chaudhary Urges FM Nirmala Sitharaman to Extend Tax Audit Due Date to October 31

Articles

Kerala High Court quashes ITAT’s dismissal and restores actor Jayasurya’s income tax appeal for consideration on merits.

High Court Quashes ITAT Order Dismissing Actor Jayasurya’s Income Tax Appeal for Non-Appearance

The Gujarat High Court directs GST Authority to issue Show Cause Notice and pass reasoned order.

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ITAT Restores Rs 1.47 Lakh Foreign Tax Credit Claim Dispute for Fresh Adjudication After Condoning 86-Day Delay

CBDT Amends Income Tax Rules 2026, Introduces New TDS Reporting Requirements for Property Transactions

JK Paper Faces Rs 2.54 Crore GST Demand Over Alleged Excess ITC

MP P.P. Chaudhary Urges FM Nirmala Sitharaman to Extend Tax Audit Due Date to October 31

High Court Quashes ITAT Order Dismissing Actor Jayasurya’s Income Tax Appeal for Non-Appearance

High Court Remands GST Refund Matter for Fresh Decision After Authority Failed to Give Reasons