- Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlines
The Central Board of Direct Taxes has rolled out significant amendments to income tax regulations for 2026, particularly affecting electron...
19 Sep, 2026, 04.07 PM IST
CBDT removes arrest-related provisions under Rule 225; valuers face tighter disclosure norms as registration deadline extendedIncome tax recovery no longer includes arrest or prison detention. Other recovery methods like property attachment remain available to auth...
19 Sep, 2026, 09.49 AM IST
8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to knowFor the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxat...
19 Sep, 2026, 07.00 AM IST
Supreme Court stays Punjab and Haryana HC judgment in JAO tax notice caseMany individuals and companies had moved various high courts challenging proceedings initiated directly by JAOs. In April, the SC, while he...
18 Sep, 2026, 06.50 PM IST
Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
18 Sep, 2026, 09.21 AM IST
Advance tax deadline of September 15, 2026: What will be the consequences if you miss the due date?The second advance tax instalment deadline is September 15, 2026. Failure to pay by this date incurs penal interest charges. Advance tax is...
17 Sep, 2026, 05.08 PM IST
Ashish Kacholia, Vikas Khemani to get Venus Pipes shares in preferential issue; stock jumps 9%Venus Pipes and Tubes shares jumped 9% after the company proposed a Rs 372 crore preferential issue to marquee investors including Ashish K...
17 Sep, 2026, 04.32 PM IST
Asset Reconstruction Company shares list flat at Rs 139 on BSE, NSEOn Thursday, shares of Asset Reconstruction Company India Ltd. debuted with little movement following a notable initial public offering val...
17 Sep, 2026, 10.11 AM IST
Supreme Court to hear Centre's plea on I-T reassessment orderThe Supreme Court is preparing to address a crucial appeal from the government on Friday, challenging a recent High Court order from Punjab...
17 Sep, 2026, 01.04 AM IST
Canadian landlord asks tenant to vacate India property for personal use; Punjab & Haryana High Court rules in tenant’s favour; know whyTenant wins eviction case filed by Canadian landlord who cited personal reasons as the need for this property; Know how landlord lost the c...
16 Sep, 2026, 12.37 PM IST
Delhi High Court raps ITAT over Patanjali tax appeals; cites 'undue haste' and 'non-application of mind' in proceedingsThe Delhi High Court criticized the Income Tax Appellate Tribunal for its procedural lapses. The tribunal's actions in a Patanjali Ayurved ...
16 Sep, 2026, 12.30 AM IST
In 1995, John D. Liu filmed 1 Loess Plateau project in China where slopes were terraced, vegetation restored and water managed. 25 years later, 35,000 sq km had recoveredChina's Loess Plateau, once severely eroded, underwent significant ecological recovery. Communities actively participated in restoration ef...
15 Sep, 2026, 09.14 PM IST
Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full reliefIndian employee working in US imposed with Rs 8.29 lakh penalty for missing to file ITR after moving to US; ITAT Jaipur cancels penalty and...
14 Sep, 2026, 07.00 AM IST
Insolvency regulator mulls tighter safeguards for personal guarantee insolvencyIndia’s insolvency regulator is proposing tighter safeguards for personal guarantor cases, including zero voting rights for related-party c...
13 Sep, 2026, 09.34 AM IST
Recovery of bank dues can't end Vijay Mallya's PMLA case: EDThe Enforcement Directorate informed the Bombay High Court about Vijay Mallya's case. It stated that recovering bank dues does not end mone...
12 Sep, 2026, 09.25 AM IST
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
11 Sep, 2026, 06.05 PM IST
HC strikes down retrospective tax law amendment; over 2 lakh taxpayers get relief, all eyes on Supreme CourtThe high court's recent ruling has dealt a significant blow to a controversial retrospective tax law, impacting around two lakh taxpayers. ...
11 Sep, 2026, 01.14 AM IST