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CHARTERED ACCOUNTANTS
5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reasonBangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the re...19 Sep, 2026, 03.36 PM IST- Supreme Court has a duty to protect environment, future generations: CJI Surya KantChief Justice Surya Kant emphasized India's deep heritage of nature reverence. The Constitution mandates environmental protection for citiz...19 Sep, 2026, 11.42 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
- Tax Audit Report deadline: Who needs to upload it by September 30, 2026The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants...18 Sep, 2026, 03.26 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
- Foxconn, Tata Electronics in overdrive for making iPhone 18 Pro and Pro Max models for exportsApple iPhone 18 Pro and iPhone 18 Pro Max production is running round the clock in India, with Foxconn and Tata Electronics factories shipp...17 Sep, 2026, 08.31 PM IST
- ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT DelhiFiled ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant m...17 Sep, 2026, 10.18 AM IST
- Taxman's JAARing move opens fresh debate over Mauritius treatyThe recent invocation of JAAR, a GAAR-type tool in the armoury of the taxman, in a certain case has stunned many. Even though technically t...17 Sep, 2026, 12.09 AM IST
- How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...16 Sep, 2026, 05.10 PM IST
- HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT CityHSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...16 Sep, 2026, 07.46 AM IST
- Student gets Rs 18.34 lakh stipend from university and pays no income tax; gets notice from Income Tax Department; she wins the case in ITAT Delhi for this reasonStudent gets Rs 18.34 lakh stipend from university for PG studies and pays no tax; Tax dept sent notice; She wins case in ITAT Delhi; Know ...16 Sep, 2026, 05.47 AM 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
- CA reveals how Marwari women manage and save money expertly without MBA degrees: ‘Her kitchen is her business school. Stale parathas are…'In a viral video, entrepreneur and chartered accountant Ankit Agrawal discussed how Marwari women are the backbone of the community and are...12 Sep, 2026, 07.07 PM IST
- Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT MumbaiRs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay for it; ITAT Mumbai g...12 Sep, 2026, 04.55 PM IST
- Supreme Court to hear on Sep 15 IAS officer's plea to quash cognisance order in money laundering caseThe Supreme Court will hear IAS officer Pooja Singhal's plea on September 15. She challenges a Jharkhand High Court order dismissing her pe...12 Sep, 2026, 02.51 PM IST
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...12 Sep, 2026, 11.13 AM IST
- ICAI explores PE funding for consultancy, accountingThe Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...07 Sep, 2026, 12.22 AM IST
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