Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-registration-rejection-sparks-concerns-over-procedural-hurdles-says-tax-expert-519569-2026-03-07 A GST registration rejection involving a legal heir applying after the death of a sole proprietor has highlighted procedural hurdles faced by small
Day: March 8, 2026
Budget 2026: NRIs get relief window to disclose overseas assets under Black Money Act – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-nris-get-relief-window-to-disclose-overseas-assets-under-black-money-act-519586-2026-03-07 The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026, aims to provide a calibrated settlement route for individuals facing potential action under the
No inheritance for mother under Indian Succession Act if son dies without creating a Will and is survived by his wife and children – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/no-inheritance-for-mother-under-indian-succession-act-if-son-dies-without-creating-a-will-and-is-survived-by-his-wife-and-children/articleshow/129133849.cms Listen to this article in summarized format The High Court of Karnataka ruled on February 2, 2026, that under Sections 32 and 33
Man sold land for Rs 3.21 crore, denied tax relief under Section 54F: Why ITAT Pune allowed full tax exemption – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/man-sold-land-for-rs-3-21-crore-denied-tax-relief-under-section-54f-why-itat-pune-allowed-full-tax-exemption/articleshow/129075269.cms The Income Tax Appellate Tribunal (ITAT) Pune on February 19, 2026 gave full tax exemption to Mr Gugale from Baramati, Pune after he sold his land for
No Fresh Reassessment after 4 years when Facts Were Fully Disclosed: ITAT [Read Order]
Clipped from: https://www.taxscan.in/top-stories/no-fresh-reassessment-after-4-years-when-facts-were-fully-disclosed-itat-1443546 Tribunal held that the reopening of assessment was based only on the Investigation Wing’s report without any independent application of mind by the
Can Criminal Proceedings be Initiated for Cash Transactions Above ₹2 Lakh? Allahabad HC to Examine S.269ST of Income Tax Act [Read Order]
Clipped from: https://www.taxscan.in/top-stories/can-criminal-proceedings-be-initiated-for-cash-transactions-above-2-lakh-allahabad-hc-to-examine-s269st-of-income-tax-act-1443655 The applicant sought the quashal of a charge-sheet and entire proceeding pending before a magistrate at Saharanpur The Allahabad High Court recently met
Income Tax Revision Order Unsustainable as PCIT Conducted No Independent Inquiry and AO Had Taken a Plausible View: ITAT [Read Order]
Clipped from: https://www.taxscan.in/top-stories/income-tax-revision-order-unsustainable-as-pcit-conducted-no-independent-inquiry-and-ao-had-taken-a-plausible-view-itat-1443705 ITAT Holds That Order Passed by PCIT Without Conducting Inquiry Is Not Sustainable in Law The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench,
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