1+ hour, 49+ min ago  (117+ words) The alleged drug smuggling by Jaffer Sadiq has triggered coordinated raids by multiple agencies across Chennai and Puducherry over suspected financial irregularities. Saloni Kumari | Apr 9, 2026 | Multi-Agency Crackdown on Jaffer Sadiq: Income Tax Searches Follow Drug Smuggling Probe The Income Tax…...

1+ hour, 29+ min ago  (199+ words) The ICAI has released a publication, providing a systematic and detailed compilation of the Income Tax Rules, 1962, and related forms through tabular mapping for easier understanding and practical application. Kashish Bhardwaj | Apr 9, 2026 | ICAI Releases Publication Arranging Income Tax Rules 2026 and…...

1+ hour, 15+ min ago  (188+ words) The Anti-Corruption Bureau arrested a GST officer and his assistant in Navi Mumbai for accepting a Rs 9, 000 bribe from a software developer. Vanshika verma | Apr 9, 2026 | Anti-Corruption Bureau Arrests GST Officer for Taking Bribe in Navi Mumbai The Anti-Corruption Bureau (ACB)…...

1+ hour, 54+ min ago  (233+ words) ITR forms for AY 2026-27 now require detailed donation reporting, including transaction reference and IFSC, to improve transparency and prevent false claims. Kashish Bhardwaj | Apr 9, 2026 | ITR Filing 2026: Additional Proof Needed for Claiming Donation Exemptions What changes have been made? Under the…...

2+ hour, 13+ min ago  (296+ words) The designs could not be reused for other projects, and no technical knowledge or skills were "made available" to the assessee company for independent use. Nidhi | Apr 9, 2026 | ITAT: Payment for Project-Specific Architectural and Consultancy Services Not FTS Sans "Make Available;…...

7+ hour, 1+ min ago  (265+ words) ITAT deletes an addition holding bitcoin loss cannot be treated as an unexplained investment under Section 69. Meetu Kumari | Apr 9, 2026 | ITAT Holds Loss Cannot Be Treated as Unexplained Income For the Assessment Year 2018-19, an individual taxpayer reported an income of Rs....

9+ hour, 38+ min ago  (147+ words) The Andhra Pradesh High Court has quashed a GST notice, holding that state authorities lack jurisdiction to assess IGST on imports. Meetu Kumari | Apr 9, 2026 | State GST Cannot Assess IGST on Imports, Rules High Court Also Read GST: No Hearing, No…...

3+ hour, 35+ min ago  (92+ words) ITAT deletes additions holding family jewellery disclosures that exceed seized assets; Section 69 A is not applicable. Meetu Kumari | Apr 9, 2026 | No Section 69 A Addition Where Family Jewellery Exceeds Seized Assets Central Issue: Whether jewellery found during the search should be assessed…...

5+ hour, 15+ min ago  (141+ words) HC quashes tax proceedings, holding pre-CIRP dues extinguished after resolution plan approval under IBC. Meetu Kumari | Apr 9, 2026 | IBC Overrides Tax Claims; HC Quashes Pre-CIRP Proceedings The Petitioner, Sivana Realty Private Limited, underwent the Corporate Insolvency Resolution Process (CIRP) and its…...

6+ hour, 7+ min ago  (11+ words) GST Order Passed With One-Day Notice Quashed by High Court'Studycafe...