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SECTION 153C
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 ...
Tax dept’s Rs 22-crore notice based on WhatsApp chat struck down by ITAT Delhi for lack of credible proofDelhi's Income Tax Appellate Tribunal (ITAT) has quashed a Rs 22 crore tax notice issued to a taxpayer based solely on WhatsApp chats found...
Tax dept seized wife’s Rs 1.65 crore worth of gold and silver jewellery, issued notice for unexplained investment, husband filed case; wins in ITAT BengaluruThe Income Tax Department seized Rs 1.65 crore worth of gold and silver jewellery from Suresh's residence. The department claimed it was un...
Delhi High Court quashes final tax assessments for MNCs, citing violations of Income Tax Act proceduresThe Delhi High Court has quashed final tax assessment orders against multiple MNCs, including Microsoft India, due to procedural lapses by ...
Mandatory scrutiny of ITR: Income tax dept reveals the criteria how the ITRs will be selected for the scrutinyIncome tax return: The tax department has released a circular which outlines the criterias and procedure to be followed if a particular inc...
Amit Shah fake video case: Delhi Police adds criminal conspiracy to FIRBeereddy is among the prominent members of the Congress' social media team and he is accused of being among those who uploaded the doctored...
Court again reserves order on Sharjeel's plea, grants time to Delhi police for clarificationSpecial public prosecutor Amit Prasad submitted that there is some ambiguity on the provision mentioned by the defence counsel on the point...
Former Mumbai Mayor Datta Dalvi who abused Eknath Shinde has his car vandalisedFormer Mumbai Mayor Datta Dalvi's car was vandalized by unidentified individuals following his arrest. Dalvi was arrested for allegedly abu...
Income Tax Dept seeks more time for international casesThe Indian tax office has requested that hearings related to contentious transfer pricing and international taxation cases be adjourned unt...
Amendment to Income Tax Act's Section 153C to apply to searches retrospectively, rules SCThe Supreme Court has ruled that amendments brought to Section 153C of the Income-tax Act, 1961 will apply retrospectively to searches cond...
Law panel proposes 2 years jail for hate speech & Rs. 5k fineTaking into account victimisation of people on account of their origin, the region they belong to and their place of birth, the Commission ...
IPC to be amended to punish racial discrimination: Ministry of Home Affairs to Delhi High CourtMinistry of Home Affairs told the Delhi High Court today that it has decided to amend the IPC to strengthen the legal framework against rac...
Compliance window not to apply if proceedings already on: GovernmentGovernment has received information regarding some its citizens having undisclosed foreign accounts in HSBC bank's Geneva branch and LGT Ba...
Case filed against JD(U) ministers, DSP for seditionA case was today filed in a local court against JD(U) ministers Bhim Singh and Narendra Singh, and DSP Manish Kumar Singh for alleged sedit...
Salaried persons with less than Rs 5 lakh taxable income need not file returnsThose individuals having income from sources other than salary or having refund claims will not be covered under the scheme.
- Salaried individuals with total income up to Rs 5 lakh exempted from filing IT return
Individuals receiving salary from more than one employer, having income from other or having refund claims shall not be covered under the s...