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SECTION 148A
Cabinet approves two highway projects for Rs 14,115 croreThe government has greenlit two major highway projects totaling Rs 14,115 crore. A 117.7 km access-controlled highway in Uttar Pradesh, des...
Union Cabinet approves six-lane Dwarka tunnel, Kanpur-Kabrai highway worth Rs 14,115 croreThe Union Cabinet has greenlit two significant highway projects totaling over Rs 14,000 crore. A six-lane tunnel will soon connect Dwarka E...
ITR filing season AY 2026-27: Received Section 143(2) notice for AY 2025-26? What it means and how to respondAs Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...
ITR filing deadline 2026: From July 31 ITR filing to TDS due dates; key forms you can't afford to missJuly marks crucial income tax deadlines for Indian taxpayers. The major deadline is July 31 for salaried individuals and pensioners to file...
NIA names doctor as key conspirator in Red Fort blastNIA has identified paediatrician Muzafar Ahmed as the mastermind behind the 2025 Red Fort blast, a deadly Vehicle-Borne Improvised Explosiv...
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...
Tripura arrests 3,705 illegal migrants since 2022; 3,463 are BangladeshisA senior Home Department official stated that 965 Bangladeshi nationals were arrested in 2022, followed by 1,014 in 2023; 947 in 2024; and ...
Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
TDS credit must be allowed even without income tax return, says Income Tax Appellate TribunalThe Income Tax Appellate Tribunal has ruled that tax deducted at source credit cannot be denied once income is taxed. This decision came in...
No extreme diets or workouts: Hotmail’s founder Sabeer Bhatia, 57, shares his fitness secret after his cholesterol dropped from 240 to 149Hotmail co-founder Sabeer Bhatia achieved remarkable health results with a simple fitness plan. He reduced his total cholesterol by 91 poin...
Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...
Exit Polls 2026: What the numbers mean for India’s biggest political players?Exit polls are revealing potential political shifts across India. In West Bengal, the Trinamool Congress faces its toughest challenge yet f...
Customs seizes contraband worth Rs 36 lakh at Kolkata AirportKolkata customs officials seized marijuana worth approximately Rs 36 lakh. The contraband was found in a passenger's checked-in baggage arr...
ITR assessment rules change from April 2026: Four key amendments explainedFour key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, intr...
Budget 2026 has introduced certain retrospective amendments to nullify the impact of certain favourable rulings for taxpayers; Know moreThe Finance Bill 2026 introduces retrospective amendments to the Income-tax Act, 1961, addressing key court rulings. These changes clarify ...
Taxpayer deposits Rs 20 lakh in NRE bank account, skips ITR; income tax dept issues notice but he wins in Gujarat High Court for this reasonAn Indian expatriate successfully challenged an income tax notice for Rs 20 lakh deposited in his NRE account. The Gujarat High Court ruled...
Didn’t file ITR in past? You may get tax notices from I-T department u/s 148A as it has identified high risk non-ITR filersTax notice: The Income Tax Department has identified the list of persons relating to AY 2019-20, 2020- 21 and 2021-22 who did not file Inco...
Deadline for reassessment of these old ITRs approaching; Know who can get tax notice u/s 148 by August 31, 2024Income tax notice: The income tax department may send you a tax notice for AY 2018-19 (FY 2017-18) by August 31, 2024 if there is exists an...
MNCs rush to tax experts as SC backs I-T dept on reassessment noticesThe apex court on May 4 ruled that thousands of show-cause notices issued by the income-tax department under an old provision (Section 148)...
Tax reassessment notices issued from April '21 upheld by SCIn the budget for FY22, the government had reduced this reopening period to three years with effect from April 1, 2021, to reduce litigatio...