TDS on professional fees for FY 2026-27 explained, covering Section 393 (1), TDS rates, ₹50,000 threshold, applicability, due dates and non-compliance consequences.

A Central GST Superintendent in Bengaluru has been arrested by Lokayukta police for allegedly accepting an Rs 8 lakh bribe. Discover the details of the case and the ongoing investigation.

Understand MAT & AMT under the Income Tax Act 2025. Learn about rates, applicability, credit rules, and reporting requirements for companies and non-corporate taxpayers.

The Central Board of Direct Taxes (CBDT) has introduced new rules for reporting financial transactions (SFT) related to depository activities under the Income-Tax Act, 2025. These rules, issued by the ...

The High Court found merit in this grievance. The petitioners were compelled to invoke writ jurisdiction because the denial of cross-examination was embedded in the final order. In such a situation, ...

The discussion comes at a time when the government is preparing to introduce a 0.4% Merchant Discount Rate (MDR) on specified UPI person-to-merchant transactions above Rs 2000 from October 15, 2026.

The Maharashtra Tax Practitioners' Association (MTPA) has submitted a representation to the Union Finance Minister seeking an extension of the due dates for filing Tax Audit Reports (TARs) and Income ...

The Central Board of Direct Taxes (CBDT) has introduced significant amendments to the Income-Tax Rules, 2026, through the Income-tax (Fourth Amendment) Rules, 2026. These changes primarily affect the ...

Applying this principle, the Madras High Court observed that the proper officer should have dealt with the Safari Retreats judgment before rejecting ITC. The matter was remanded for reconsideration, ...

Most of us have this question: Can we pursue our dream if we take up the CA course? Slashing all the myths and barriers here are some of the Chartered Accountants who have made it big in different ...

The Finance Ministry has announced that certain provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026, will come into effect from 23rd June 2026. These amendments specifically impact major ...