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DISPUTED TAX DEMAND
Govt cuts ₹16,688 crore in tax disputes after appeal threshold hike- Disputed tax demand down Rs 16,690 cr since hike in monetary limit for filing appeals, LS told
- ITAT Mumbai cancels income tax notice over Rs 8 crore compensation to tenants without their consent; rejects I-T department's contingent liability claim
- In 1999, a farmer donated land for a children's park, now it's home to a $1 billion data center sparking a bitter community fightTaylor data center controversy: A ten-dollar land deal for a future park in Taylor, Texas, now faces a billion-dollar data center proposal....28 Jul, 2026, 08.50 PM IST
- Don't let selling your house trigger a tax notice: Check these rules under Sections 54 and 54FMany taxpayers who purchase or construct a residential house to claim exemption under Sections 54 or 54F are unaware that selling the house...28 Jul, 2026, 03.16 PM IST
- GST notice uploaded only on portal isn't valid service, high courts rule: What it means for taxpayersHigh Courts are questioning GST notice validity when only uploaded online. Punjab and Haryana High Court ruled portal uploads are not valid...27 Jul, 2026, 02.46 PM IST
- Housing society asks homebuyer to pay previous owner's maintenance dues of Rs 80,000; experts explain what you should do in this situationHomebuyer asked to pay previous owner's dues of Rs 80,000: In his Reddit post, a homebuyer shared that the previous owner had around Rs 80,...27 Jul, 2026, 10.55 AM IST
- Trump’s new tariffs prompt lawsuit from small businessesThe Trump administration faces two new lawsuits challenging its latest global tariffs of 10%-12.5%, imposed under Section 301 of the Trade ...25 Jul, 2026, 06.54 AM IST
- Sterlite Tech Q1 Results: Profit skyrockets 870% YoY to Rs 197 crore as AI data centre orders lift earningsSterlite Technologies reported record quarterly revenue and profit, driven by strong AI-led demand for optical connectivity and data centre...24 Jul, 2026, 08.40 PM IST
- Donald Trump finds a new way to impose tariffs but Asia isn't buying the reasonUS President Donald Trump's new tariffs of 10% to 12.5% on imports from 60 trading partners, including India, have sparked criticism from J...24 Jul, 2026, 01.36 PM IST
- Warren Buffett, Isaac Newton and the fourth law of moneySomewhere between what your investments earn and what you actually keep, a portion goes missing every year. It is charged by nobody you cou...23 Jul, 2026, 10.04 PM IST
- ITR filing: Received Section 143(1) intimation with tax demand? Respond within 30 days or risk being treated as an ‘assessee in default’; know how to do itTaxpayers must respond to Section 143(1) intimations with tax demands promptly. Failure to respond within thirty days can lead to penalties...23 Jul, 2026, 12.54 PM IST
- Eternal Q1 profit jumps 4x; Meta blocks Delhi protest contentEternal reported a significant jump in its revenue and profit for the first quarter of FY27. This and more in today’s ETtech Top 5.22 Jul, 2026, 07.59 PM IST
- ITR filing: Claimed capital gains exemption? The 3-year tax trap that may trigger income-tax noticesMany taxpayers wrongly believe that capital gains deposited in the Capital Gains Account Scheme (CGAS) become taxable only on withdrawal. T...22 Jul, 2026, 12.37 PM IST
- Absolut vodka maker Pernod Ricard withdraws plea against $314 mn India tax demandFrench firm Pernod Ricard has withdrawn its court challenge against India's tax demand. The company faced a $314 million demand for underva...22 Jul, 2026, 01.03 AM IST
- US imposes new 50% tariffs on a wide range of Canadian productsThe United States is imposing a 50% tariff on many Canadian goods. This follows Canada's alleged discriminatory treatment of American cars ...21 Jul, 2026, 06.19 AM IST
- Inside the legal campaign that freed Gautam Adani from US prosecutionUS prosecutors dropped bribery and fraud charges against billionaire Gautam Adani. A 10-week defense campaign presented nearly 600 pages of...19 Jul, 2026, 12.20 PM IST
- The New Oil? Why the world is chasing copperCopper has emerged as a strategic commodity powering the global shift towards clean energy, electric vehicles and digital infrastructure. W...18 Jul, 2026, 03.46 PM IST
- Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...14 Jul, 2026, 03.19 PM IST
- GST Tax officer can allege fraud first and prove it later, Rules Madras High Court; Why this matters to every taxpayerGST officers can now issue fraud notices with a reasonable basis. Proof of fraud is not required at the initial notice stage. Businesses mu...13 Jul, 2026, 10.32 AM IST
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