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RE ASSESSMENT PROCEEDINGS
ETMarkets Smart Talk| RBI's FPI reforms could attract $50-100 billion into Indian debt over time: Vikas Garg of Invesco MFRBI’s easing of foreign investment norms for government securities could attract substantial long-term capital inflows into India’s debt ma...- Former Maharashtra minister files plea in Supreme Court against CBSE's 3-language rule for Class 9 studentsA fresh plea filed by Dr Fauzia Khan, an educationist and former Maharashtra ministerhas been filed at the Supreme Court challenging the CB...
- Great Nicobar project commercial enterprise; ecological havoc assured: Congress' Jairam RameshJairam Ramesh, a senior Congress leader, has strongly criticized the Great Nicobar Island Project. He labels it a commercial venture that w...
- Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
- What running a business in India actually looks like: Nightmare of CEOs these days is conversion of commercial disputes into criminal casesA corporate crisis manager describes how business disputes in India are increasingly being turned into criminal cases, exposing executives ...
- How Trump's Minneapolis immigration blitz hobbled federal crime fightingA Trump administration immigration crackdown in Minnesota significantly disrupted federal investigations into serious crimes, leading to a ...
- The IRS owes millions of Americans a COVID refund — here's how to claim what is rightfully yoursMillions may miss money tied to the IRS COVID Refund Deadline 2026 Claim, set for July 10, 2026. This is not routine tax news. It stems fro...
- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- Trump's many upcoming large, public events may present fresh security challenges after latest attackSecurity officials are reviewing President Trump's upcoming public appearances. This follows a recent attack attempt at a high-profile even...
- 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...
- No more technical escapes? Finance Bill 2026 pushes taxpayers to fight cases on meritsThe Finance Bill 2026 introduces significant changes to tax litigation in India. Tax cases will now be decided based on facts and merits, m...
- Congress's plea against tax re-assessment by IT authorities dismissed by HCThe Delhi High Court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it f...
- Delhi HC set to pass order on Cong's pleas against tax re-assessment proceedingsDelhi High Court to rule on Congress party's tax challenge involving over Rs 520 crore 'escaped' income. Justices Varma and Kaurav's decisi...
- Congress approaches Delhi HC against tax re-assessment proceedingsThe Congress party has taken legal action against tax reassessment proceedings by authorities, filing a case in the Delhi High Court. The m...
- Lack of clarity over restructuring under faceless assessment scheme leads to chaosThe Central Board of Direct Taxes (CBDT) sub-sections are working on identifying officers that will be moved to different locations as part...
- All communication with taxpayers to be from NeAC under faceless assessmentAll the functions would be through electronic means for which the NeAC will be the gateway and will function as such for all the flow of in...
- Karti Chidambaram to move Madras HC in tax evasion caseCongress Lok Sabha MP Karti Chidambaram and his wife Srinidhi will move the Madras High Court in a tax evasion case, a day after their disc...
- Bombay High Court gives a leeway to HSBC Bank (Mauritius) in reassessment dispute with income taxThe court was ruling in the case of HSBC Bank (Mauritius) and the income tax department. The bank was assessed for 2011/12.
- High Court dismisses NDTV's plea against I-T dept reassessmentA bench of Justices S Ravindra Bhat and Najmi Waziri also declined to grant any relief to NDTV on its plea against a provisional attachment...
- Agro-panels can impose penalty on defaulting assessees: SCSuch committees can reopen the assessment if the turnover of the assessee escaped the assessment.
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