Few communications can make otherwise calm, law-abiding people suddenly more alert than a message from the tax department. Even those who have filed carefully, disclosed honestly and preserved every document experience a brief internal pause. Did I miss something? What is interesting is that most people’s relationship with the tax department is not defined by…
NCP (SP) working president Supriya Sule Pune: Working president of NCP (SP) Supriya Sule ruled out the possibility of a similar division in her party when she said all their eight MPs are with them. She was speaking against the backdrop of a second split in Shiv Sena (UBT).Supriya claimed that the BJP has misused…
Noida: Ten people involved in a cyber fraud racket were arrested in a joint operation by the Phase-3 police station and the cyber cell from Sector 121 in Noida on Thursday.The racket allegedly cheated people by offering fake lottery prizes through social media platforms. Police recovered 20 mobile phones, four debit cards and Rs 10,200…
Mumbai: The Bombay high court on Monday granted interim protection from prosecution or imposition of any penalty by the Income Tax (I-T) department to industrialist Anil Ambani in an alleged Rs 420-crore aggregate tax demand case, in a petition he filed to raise a constitutional challenge to the provisions of the Black Money (Undisclosed Foreign…
Mumbai: The Income Tax Appellate Tribunal (ITAT) has deleted an addition of Rs 14.25 lakh made in the hands of a Thane resident over an alleged cash payment for purchase of a flat. The tax tribunal held that the I-T department failed to produce evidence linking the buyer to any ‘on-money’ transaction.ITAT’s Mumbai bench ruled…
Ahmedabad: The Income Tax Appellate Tribunal (ITAT), Ahmedabad recently granted significant relief to State Bank of India (SBI) by deleting demands raised for alleged tax deduction at source (TDS) default on leave travel concession (LTC) payments, holding that the bank could not be treated as an “assessee in default” when it acted under binding interim…
Chennai: Madras high court has dismissed a plea seeking a probe by income tax department against former chief minister and AIADMK general secretary Edappadi K Palaniswami for suppressing material facts about his wealth in his election affidavit filed during the 2026 Tamil Nadu assembly election.Concurring with the submission of the Election Commission of India (ECI),…
On Tuesday, when the plea came up for hearing, counsel for the petitioner requested the court to permit him to withdraw the plea Chennai: Madras high court on Tuesday dismissed as withdrawn a plea seeking registration of cheating and money-laundering cases against chief minister C Joseph Vijay for his alleged suppression of financial transactions and…
Gandhinagar: Union home minister Amit Shah, who chaired a security review meeting in Bhuj on Friday, has directed district magistrates of border districts to strictly monitor and report on demographic changes.An official statement said on Saturday that Shah also asked district administrations of border districts to chalk out SOPs to ensure identification of infiltrators and…
Officials also gave a detailed presentation on key changes, structural reforms and procedural updates under the new law. Participants from industry bodies and consultancy firms welcomed the outreach initiative Gurgaon: The income tax department organised an outreach programme in Gurgaon, “Prarambh 2026 – Bridging Borders, Building Trust,” with a focus on international taxation, transfer pricing…
