Saloni

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ITAT Remands Case for Reconsideration, Cites Faulty Examination by Tax Department

ITAT Remands Case for Reconsideration, Cites Faulty Examination by Tax Department The ITAT Ahmedabad allowed the appeal for statistical purposes, considering the tax authorities' negligence....

ITAT Dismisses Multiple Appeals Over Assessee’s Non-Compliance and Repeated Absence

ITAT Dismisses Multiple Appeals Over Assessee’s Non-Compliance and Repeated Absence The ITAT Mumbai quashed multiple appeals simultaneously based on a similar issue, flagging the assessee's...

ITAT Quashes Reassessment Based on ‘Borrowed Satisfaction’, Grants Relief in Rs 1.59 Crore Penny Stock Case

ITAT Quashes Reassessment Based on ‘Borrowed Satisfaction’, Grants Relief in Rs 1.59 Crore Penny Stock Case The ITAT Ahmedabad held that an assessment reopening based...

Govt Waives Customs Duty on Key Petrochemicals Amid West Asia Supply Crisis Until June 2026

Govt Waives Customs Duty on Key Petrochemicals Amid West Asia Supply Crisis Until June 2026 The Ministry of Finance, Government of India, has issued an...

ROC Chennai Levies Penalty on Company and Its Directors for Late Filing e-Form MGT-6

ROC Chennai Levies Penalty on Company and Its Directors for Late Filing e-Form MGT-6 The Registrar of Companies (ROC) Chennai has levied an aggregate penalty...

MCA Revamps DIR-3 KYC Compliance Framework for Better Ease of Doing Business

MCA Revamps DIR-3 KYC Compliance Framework for Better Ease of Doing Business In a recent significant update, the Ministry of Corporate Affairs (MCA) has introduced...

RBI Penalises Central Bank of India Over KYC and Financial Inclusion Violations

RBI Penalises Central Bank of India Over KYC and Financial Inclusion Violations The Reserve Bank of India (RBI) has imposed a monetary penalty amounting to...

Tax Rule Buzz on Social Media: New Revised Return Timeline Extension Applies from AY 2026-27

Tax Rule Buzz on Social Media: New Revised Return Timeline Extension Applies from AY 2026-27 Recently, a serious discussion has gained attention over social media...

Indian Overseas Bank Faces Rs 8.23 Cr GST Penalty Over SARFAESI Asset Sale; Plans to File Appeal

Indian Overseas Bank Faces Rs 8.23 Cr GST Penalty Over SARFAESI Asset Sale; Plans to File Appeal Indian Overseas Bank (IOB) has disclosed to the...

New Integrated Payment Module Now Available on Income Tax E-Filing Portal

New Integrated Payment Module Now Available on Income Tax E-Filing Portal A new Integrated Payment Module has been introduced on the income tax e-filing portal,...

CBDT Sets New Record by Signing 219 Advance Pricing Agreements in FY 2025-26

CBDT Sets New Record by Signing 219 Advance Pricing Agreements in FY 2025-26 The Central Board of Direct Taxes (CBDT) under the Ministry of Finance...

Reliance Industries to Contest Penalty Imposed by State GST Department

Reliance Industries to Contest Penalty Imposed by State GST Department Reliance Industries Limited has received an order dated March 30, 2026, passed by the Assistant...

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