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IT ACT SECTION 67
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...20 Jun, 2026, 07.11 AM IST- US probes Germany's drug pricing policies, opens door to tariffsThe US has launched a trade probe into Germany's pharmaceutical pricing, alleging it unfairly burdens American commerce and forces the US t...20 Jun, 2026, 01.07 AM IST
- Nathu La, Lipulekh La checkposts designated as immigration posts for Kailash Mansarovar pilgrimsThe ministry's joint secretary, Sandeep N Mahatme, in an official note said, "In exercise of the powers conferred by sub-section (1) of sec...20 Jun, 2026, 12.09 AM IST
- Telegram ban: Delhi HC upholds India's temporary ban on WhatsApp rival ahead of NEET re-testThe Delhi High Court has backed the government's decision to temporarily restrict Telegram access until June 22. This measure aims to stop ...19 Jun, 2026, 11.21 AM IST
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...19 Jun, 2026, 10.27 AM IST
- US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...19 Jun, 2026, 07.45 AM IST
- FIR against SP MLA over 'objectionable' post targeting BJP MP Kangana RanautAn FIR has been registered against Samajwadi Party MLA Rakesh Kumar Verma in Pratapgarh, Uttar Pradesh, for allegedly making objectionable ...18 Jun, 2026, 03.52 PM IST
- Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...18 Jun, 2026, 01.30 PM IST
- Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmetA parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning ...17 Jun, 2026, 06.01 PM IST
- ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...17 Jun, 2026, 05.42 PM IST
- SC seeks ECI, Centre responses on plea against Aadhaar use beyond identity proofThe Supreme Court is examining a plea to ensure Aadhaar is used solely for identity verification. The petition argues its use for citizensh...17 Jun, 2026, 12.15 AM IST
- Assam: Defence ministry to acquire 333.662 acres for Artillery Brigade location planThe Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked ...16 Jun, 2026, 08.34 PM IST
- Telegram temporarily restricted in India ahead of NEET re-exam; NTA welcomes Centre's moveTelegram access in India is temporarily restricted until June 22, 2026, following a government crackdown on fake NEET (UG) 2026 re-examinat...16 Jun, 2026, 12.16 PM IST
- SC seeks data on claim Punjab failed EWS admissions mandateThe Supreme Court has taken notice of a plea alleging Punjab's failure to implement the Right to Education Act. Specifically, private unaid...16 Jun, 2026, 12.20 AM IST
- 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...14 Jun, 2026, 03.44 PM IST
- 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...12 Jun, 2026, 10.44 AM IST
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...11 Jun, 2026, 10.22 AM IST
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