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INCOME TAX SCRUTINY TAMIL NADU
Tamil Nadu CM Vijay flags off 300 new government busesTamil Nadu Chief Minister C Joseph Vijay launched 300 new government buses, costing Rs 127.21 crore, to significantly improve public transp...- State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...
- Tamil Nadu CM strongly opposes Centre's NLC disinvestment planTamil Nadu Chief Minister C. Joseph Vijay has strongly opposed the Union Government's plan to disinvest up to three percent of its equity i...
- Tamil Nadu Minister CTR Nirmal Kumar releases white paper on Electricity BoardTamil Nadu Minister for Energy Resources and Law, CTR Nirmal Kumar, on Thursday released a detailed White Paper statement on the infrastruc...
- 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...
- Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
- No income tax on these 8 earnings: Check if you qualify for exemption
- Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...
- Will stand with you in working for Tamil Nadu's progress: Rahul Gandhi greets Vijay on birthdayCongress leader Rahul Gandhi extended birthday wishes to Tamil Nadu Chief Minister C Joseph Vijay, who turned 52. Gandhi affirmed his suppo...
- ITR filing for FY 2025-26: Key changes in due dates, ITR forms, and F&O disclosure rules taxpayers must knowThe deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...
- Britain's King Charles to reveal personal tax bill: PalaceCharles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it. "The...
- PMK opposes new tribunal on Mekedatu dam issue, urges TN Government to withdraw proposalPMK leader Anbumani Ramadoss has strongly opposed the Tamil Nadu Assembly's resolution seeking a tribunal for the Mekedatu dam issue. He wa...
- Karnataka keen to move ahead with Makedattu project, seeks dialogue with Tamil Nadu: Karnataka Minister Ramalinga ReddyKarnataka Minister Ramalinga Reddy has reiterated the state's commitment to the Mekedattu project, asserting it will benefit both Karnataka...
- Tata's iPhone parts factory faces India health probe after farmer contamination complaintsA health probe is underway into liquid discharge from Tata's iPhone parts factory in Hosur. Farmers report skin issues and contaminated far...
- Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
- Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...
- Income tax scrutiny: Who could receive a tax notice by June 30 and what to do if you've made a mistake
- 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...
- 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...
- ITR scrutiny alert: Income Tax Department identifies 6 categories of returns for mandatory scrutiny in FY 2026-27
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