Category : GST & Taxation


I-T Dept Outreach for New 2025 Tax Act in Bihar-Jharkhand

The regional income tax headquarters for Bihar and Jharkhand has initiated an outreach program to educate stakeholders about the new Income Tax Act, 2025, while targeting improved tax collection after a slight decline in 2025-26.

ITAT: No Tax on Property Sale at Same Purchase Price

The Mumbai ITAT has ruled that capital gains tax cannot be levied if a property is sold for the same amount as its purchase cost, overturning a tax officer's assessment in a case involving a Rs 85 lakh transaction.

IT Attaches Hyderabad Land in Suspected Benami Deal

Income Tax authorities provisionally attach 4.4 acres of agricultural land in Gajularamaram, Hyderabad, suspecting five individuals with modest incomes acted as benamidars in a Rs 23.4 crore cash transaction allegedly funded by an unknown beneficial owner

Income Tax Raids in Tamil Nadu Shops Before Assembly Polls

Income tax officials conducted extensive raids at textile and jewellery shops across Coimbatore, Tirupur, and Salem on Friday, with one operation targeting alleged distribution of sarees and dhotis to voters ahead of the April 23 assembly election.

New PAN Card Forms Introduced by Income Tax Department

The Income Tax Department has introduced four new PAN card application forms—Form 93, 94, 95, and 96—to streamline the process for Indian residents, foreign individuals, and entities. Key changes include mandatory contact details, larger photos, and simpl

DGGI Raids Tech Firms in GST Betting Probe Across Cities

The DGGI Hyderabad unit has conducted searches at three tech and fintech firms in Chennai, Mumbai, and Bengaluru as part of a GST irregularities probe linked to a multi-crore online betting case, seizing documents and digital evidence.

Punjab Tax Crackdown Recovers Rs 1,137 Crore in 2025-26

Punjab's taxation department recovered Rs 1,137.8 crore in 2025-26 through a crackdown on evasion, with penalties of Rs 1,383.1 crore imposed. Minister Harpal Singh Cheema highlighted a major enforcement jump, including eight FIRs and 15 arrests.

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