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Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...
Filing ITR? Here's what AIS and Form 26AS tell the income tax department about youAs taxpayers gear up for ITR filing in AY 2026-27, understanding the consolidated Form 168 (formerly AIS and Form 26AS) is crucial. This un...
SIR process lacks transparency: Aam Admi PartyThe Aam Aadmi Party has criticized the Election Commission's Special Intensive Revision (SIR) process for electoral rolls in Delhi, labelin...
SIR: Karnataka to issue residence certificates as ECI kicks off roll revision exerciseKarnataka kicked off its special voter enumeration initiative on Tuesday, led by CM Shivakumar, who unveiled permanent residence certificat...
Karnataka to issue permanent residence certificates amid ECI's voter roll revisionKarnataka is issuing permanent residence certificates during the Election Commission's voter enumeration drive to ensure eligible citizens ...
ITR filing season AY 2026-27: Received Section 143(2) notice for AY 2025-26? What it means and how to respondAs Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...
Not opposed to SIR, but want ECI to answer Congress questions: Karnataka MinKarnataka Congress is closely monitoring the Election Commission's special intensive revision of electoral rolls, expressing concerns about...
Karnataka: Congress moves with caution as ECI prepares to launch month-long SIR on TuesdayKarnataka's ruling Congress party is approaching the Election Commission's house-to-house voter revision exercise with caution, suspecting ...
ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
Opposition cites former editor's passport, voter roll ordeal to target CentreA former editor's passport renewal stalled after his name was removed from West Bengal's electoral rolls, sparking outrage from opposition ...
New GST jurisdiction to handle pending cases after business shift: CBICTaxpayers shifting their business location will now have their ongoing tax proceedings seamlessly transferred to the new jurisdictional aut...
Pune realtor murder: Accused duo deleted all logs and recycle bins before and after crimePune police intensified their investigation into realtor Ketan Agarwal's murder after discovering the accused, Siya Goyal and Chetan Chaudh...
One year of Election Commission's Special Intensive Revision: Over 5.8 crore names deleted from electoral rollsOver 5.8 crore voters have been removed from electoral rolls across 12 states and Union territories in a year-long purification drive by th...
Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
West Bengal: SC allows petitioner to approach Calcutta HC with plea over exclusion from ration listThe Supreme Court has permitted a petitioner to take his plea to the Calcutta High Court, alleging that individuals excluded from West Beng...
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
Income tax scrutiny: Who could receive a tax notice by June 30 and what to do if you've made a mistake
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...