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CENTRAL BOARD OF INDIRECT TAXES NOTICE
Tata says India pollution board drops scrutiny of Apple iPhone parts plantTata Electronics, an Apple supplier, has cleared pollution concerns at its iPhone plant in Tamil Nadu. The state pollution control board dr...
Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
Sebi plans buyback via SEs again, easier MF borrowing rulesSebi is set to overhaul buyback rules, potentially reintroducing stock exchange routes and easing merchant banker requirements. Mutual fund...
Supreme Court notices to Bihar government, Deepak Prakash, election panelA bench of CJI Surya Kant and justice V Mohana issued notice to Bihar government, Prakash and the Election Commission of India on a plea by...
Supreme Court stays HC pleas on trans to avoid 'scattered opinion'Issuing the notice, a bench of Chief Justice of India Surya Kant and justice V Mohana also ordered that the proceedings in the high courts ...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
BJP leader N Hari appointed rubber board chairman for three year termN Hari, a BJP leader from Kerala, has been appointed the new chairman of the Rubber Board. The central government issued the order on Monda...
Tata's iPhone parts factory contaminated farmland water, India pollution body allegesAn Indian pollution regulator has warned Tata Electronics, a key supplier for Apple's iPhones, about a potential factory shutdown. The regu...
Tata's Apple iPhone factory in Tamil Nadu faces shutdown threat over farmland water contamination; pollution body seeks explanationAn Indian pollution regulator has accused Tata Electronics, a key supplier for Apple's iPhones, of contaminating groundwater near its Hosur...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Meesho to buy Kirana Club for Rs 202 crore, eyes deeper retail playEcommerce giant Meesho is set to acquire Kirana Club for Rs 202 crore in a cash deal, aiming to bolster its reach within India's vast kiran...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
ITR scrutiny alert: Income Tax Department identifies 6 categories of returns for mandatory scrutiny in FY 2026-27
Former Maharashtra minister files plea in Supreme Court against CBSE's 3-language rule for Class 9 studentsA fresh plea filed by Dr Fauzia Khan, an educationist and former Maharashtra ministerhas been filed at the Supreme Court challenging the CB...
Supreme Court issues notice to CBSE on plea to declare Class 12 improvement examination resultThe SC has taken up a case involving a Saudi Arabian student. He seeks his Class 12 improvement exam results from the CBSE. The court has i...
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...