The government announced it will raise ₹11.7 lakh crore through dated securities in FY27 to fund the fiscal deficit. The borrowing programme forms part of the Union Budget 2026–27’s financing strategy ...

The court ruled that delayed filing of Form 10 for income accumulation cannot defeat exemption when substantive conditions are met. Rejection of condonation was held ...

Revenue failed to produce a Section 153C satisfaction note showing the date of handing over seized material. ITAT treated the notice date as the deemed search date and held AY 2012-13 beyond ...

The Finance Ministry has extended the deadline for revising income-tax returns to March 31, 2026, with a fee. The original ...

Nirmala Sitharaman has announced new timelines for tax filing. Scroll down to know more.

Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.

Budget 2026 Highlights: Union Finance Minister Nirmala Sitharaman Sunday presented India’s 80th Union Budget. Sitharaman said ...