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MAHARASHTRA SALES TAX DEPARTMENT
Southwest monsoon to cover parts of Gujarat, Punjab, Haryana and Rajasthan in next 4 days: IMDIn its daily forecast, the IMD said isolated extremely heavy rainfall is likely over Konkan and the Gujarat region between July 4-7, Madhya...
Govt raises onion procurement price by 13% as buffer stock buying strugglesGovernment hikes onion procurement price by 13% to Rs 2,125/quintal, effective July 4, 2026, to boost buffer stock purchases amid a slow st...
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...
Red Bull, Sting, etc. not recognised as 'energy drinks', says food regulator FSSAI as it issues notices over misleading claimsIndia's food regulator, FSSAI, has issued notices to several beverage brands for misbranding and misleading claims about their "energy drin...
Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...
Charitable trusts get relief on 80G registrationCharitable trusts and institutions that missed the 80G registration renewal deadline have received a one-time reprieve from the CBDT. The t...
Maharashtra to ban sale of 'Sting' energy drink within 500 metres of schools: Minister ZirwalMaharashtra has banned the sale of 'Sting' energy drink and similar intoxicating substances within 500 meters of schools. This decision fol...
Can you get an Income Tax notice despite TDS deductions? Here's exactly why it happens and what you can do next
Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
Maharashtra minister privately admitted he didn't know TET exam papers printed in Agra, says BJP MLAMaharashtra BJP leader Sudhir Mungantiwar revealed that School Education Minister Dada Bhuse was unaware of Teacher Eligibility Test (TET) ...
Filing ITR? Here's what AIS and Form 26AS tell the income tax department about youAs taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This un...
Government extends CBDT chief Ravi Agrawal's tenure by 6 monthsRavi Agrawal, Chairman of the Central Board of Direct Taxes (CBDT), has received a six-month tenure extension, keeping him in the role unti...
Mumbai food dept finds rats, cockroaches, expired food at six eateries located in Nariman Point, Borivali, Santacruz, AndheriMumbai's food safety standards took a hit as the FDA suspended licenses for six eateries, including the Nariman Point restaurant Flint & Wa...
Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
Homebuyer wins full refund with Rs 1.57 crore interest in MahaREAT as builder delays possession by 3 years, citing MHADA-MCGM disputeHomebuyers have won a significant victory as MahaREAT ruled a builder cannot use inter-authority disputes to justify possession delays exce...
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...
Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However,...