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GST SECTION 73 NOTICE
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...
- Several killed after fire rumour forces passengers onto tracks in MP's MorenaTragedy struck on the Khajuraho-Udaipur Intercity Express when a false fire alarm caused panic. Four passengers disembarked onto the tracks...
- Disclose tender process for Board exam answer sheet procurement under RTI Act: CIC to CBSEThe Central Information Commission has directed the CBSE to disclose expenditure and procurement details for Class 10 and 12 board exams, i...
- Minor among four apprehended for alleged role in Govindpuri fire that killed threeDelhi Police have arrested a 17-year-old girl and three adults in connection with a deadly fire in Govindpuri. The blaze claimed three live...
- NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
- 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...
- Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
- 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 ...
- ITR scrutiny alert: Income Tax Department identifies 6 categories of returns for mandatory scrutiny in FY 2026-27
- No overcapacity in steel, textiles; India's consumption remains low: DGTRIndia has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products ...
- Congress moves ECI against rejection of Meenakshi Natarajan's Rajya Sabha papersA Congress delegation urged the Election Commission to reinstate Rajya Sabha nominee Meenakshi Natarajan's nomination. The party argued the...
- India counters US Section 301 probe claims of surplus capacity in textiles, steelIndia is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic ...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- 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...
- Philippines earthquake triggers tsunami warning in 6 countries, U.S. tsunami alert system issues latest updatesEarthquake alert: Japanese authorities issued a tsunami advisory on Monday along swathes of its Pacific coast after a major earthquake off ...
- UK Renters Right Act: Landlords can’t use rent increase clause as an indirect means to evict tenants; Here’s the new process of increasing rentBig news for UK renters. From May 1, 2026, landlords can no longer use rent review clauses to hike rents. They must now follow a specific l...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- GST dept issues tax demand of Rs 124 crore to Spicejet, slaps showcause notice for delay in return filingThe GST department has levied a significant tax demand of Rs 124.65 crore on SpiceJet. This action follows the airline's failure to file Go...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
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