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DRAFT ICOME TAX RULES
Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
Health ministry issues proposal for one-year residual shelf life for imported drugsThe Union Health Ministry is proposing to relax import rules for medicines, requiring a minimum 12-month shelf life upon arrival instead of...
ITR filing 2026: 7 big changes in due dates, ITR forms and F&O rules you must know
Kerala liquor policy to be decided after talks with coalition parties, says Kerala Revenue Minister A P Anil KumarKerala Revenue Minister A P Anil Kumar stated that any policy on tax cuts for low-alcohol beverages will be decided after internal UDF disc...
Did you put an FD in your wife's name? A step-by-step guide on how to claim the tax credit back in your ITR
ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
DoT notifies new authorisation norms for telcos to shift from licencing regimeThe government has launched a new authorization-based framework for the telecom sector, replacing the old licensing system. A dedicated por...
India panel proposes simulator-heavy pilot licence to ease crew shortage, document showsIndia is exploring a new pilot license option to combat a growing shortage, proposing increased simulator training and reduced flight hours...
NBA Draft 2026 picks, results: Full list of players picked by New York Knicks, Washington Wizards, Utah Jazz, Memphis Grizzlies, Chicago Bulls, Los Angeles ClippersNBA Draft 2026 is happening on Tuesday as NBA teams are looking to bolster their side.
Satcom firms flag omission of GMPCS in DoT's draft spectrum allocation rulesSatellite communication firms are concerned over the exclusion of Global Mobile Personal Communications Service (GMPCS) providers from draf...
Delhi High Court reaffirms AITA General Body's authority in constitutional amendmentsThe Delhi High Court has asserted the All India Tennis Association's General Body's ultimate authority in amending its constitution. Propos...
All-rounder Nitish Reddy ruled out of Ireland T20Is, likely to miss England leg tooIndia's white-ball squad for the UK tour faces a setback as all-rounder Nitish Reddy is out with a quadriceps injury. Sustained during the ...
DoT retains backhaul spectrum pricing, rejects Trai's cut proposalTelecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal...
Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...
DoT drafts spectrum assignment rules for BSNL, satellite and broadcasting firms; NGSO players excludedNew draft rules from the Department of Telecommunications will allow administrative spectrum assignment for state-run firms like BSNL and M...
Starlink, OneWeb among satcom firms facing tighter security checks under new draft rulesNew draft rules from the Department of Telecom mandate security clearance for satellite communication companies even after spectrum assignm...