The Tribunal ruled that purchases cannot be treated as bogus merely because suppliers did not reply to Section 133(6) notices. When books are audited, evidence is produced, and sales are accepted, ...

The issue was whether a penalty can survive when the notice does not specify the exact charge. The Tribunal held that a vague notice vitiates the entire penalty proceedings, even where AMT liability ...

Even after the December 31 deadline for filing belated income tax returns, a large number of taxpayers are still waiting for their returns to be processed, and many are anxiously tracking their ...

Waiting for tax refund for AY 2025-26? Why you may have to wait for even 1 year (AI-generated image) If you are still checking your bank account for an income tax refund for Assessment Year (AY) ...

JEE Main 2026 Session 1 City Slips OUT: The admit card will be issued separately at a later date. JEE Main 2026 Session 1 City Slips OUT: The National Testing Agency (NTA) on Thursday released the ...

The civil aviation regulator DGCA has imposed a penalty of Rs 22.20 crore on IndiGo and taken strict enforcement action against its senior management after a probe found serious planning, operational ...

The White House rolled out a new website Tuesday with a full-blown recast of the historical record of January 6, 2021, hailing the pro-Trump mob who stormed the US Capitol five years ago as “peaceful ...

In her Union Budget 2026 speech, Nirmala Sitharaman said the deadline for filing ITR-1 and ITR-2 will continue to be July 31.

Florida State football offensive coordinator Gus Malzahn is retiring, the Seminoles announced on Monday morning. Tim Harris Jr., who was named co-offensive coordinator in January, has been promoted to ...