Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![Ignore Special Audit Direction? Know Consequences as per New Finance Bill [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122987-ignore-special-audit-direction-consequences-new-finance-bill-taxscan.webp "Ignore Special Audit Direction? Know Consequences as per New Finance Bill [Read Finance Bill 2026]")
Ignore Special Audit Direction? Know Consequences as per New Finance Bill [Read Finance Bill 2026]
The Finance Bill, 2026 has proposed to amend the penal provision with regards to the ignorance of Special Audit directions issued by the...
Budget 2026-27 LIVE: FM proposes to Exempt BCD on Capital goods Imports for Processing Critical Minerals
The Union Budget for the Financial Year 2026-27 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha today (Sunday, 1 February 2026). This is her 9th consecutive budget. While ...
![Union Budget 2026-27: Key Highlights [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122879-budget-2026-27-dated-1st-february-2026jpg.webp "Union Budget 2026-27: Key Highlights [Read Finance Bill 2026]")
Income Tax Act, 2025 comes into effect from 1st April 2026, Rules and Forms will be Notified Shortly: FM [Read Finance Bill 2026]
The Union Budget for the Financial Year 2026-27 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha today (Sunday, 1 February 2026). This is her 9th consecutive budget. ...
![Income Tax Act, 2025 comes into effect from 1st April 2026, Rules and Forms will be Notified Shortly: FM [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122867-income-tax-act-2025-rules-forms-notified-shortly-fm-taxscan.webp "Income Tax Act, 2025 comes into effect from 1st April 2026, Rules and Forms will be Notified Shortly: FM [Read Finance Bill 2026]")
ITR-1 & ITR-2 Filing Deadline Set for 31 July; Non-Audit Business/ Trust Returns Due by 31 August: FM [Read Finance Bill 2026]
The Union Budget for the Financial Year 2026-27 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha today (Sunday, 1 February 2026). This is her 9th consecutive budget. The ...
![ITR-1 & ITR-2 Filing Deadline Set for 31 July; Non-Audit Business/ Trust Returns Due by 31 August: FM [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122866-union-budget-2026-budget-scan-2026-itr-1-deadline-itr-2-deadline-itr-1-itr-2-filing-deadline-income-tax-deadlines-trust-returns-fm-tax-filing-announcement-taxscan.webp "ITR-1 & ITR-2 Filing Deadline Set for 31 July; Non-Audit Business/ Trust Returns Due by 31 August: FM [Read Finance Bill 2026]")
Section 54F Deduction under Income Tax cannot be Denied without Examining Construction Evidence: ITAT [Read Order]
The Surat bench of Income Tax Appellate Tribunal ( ITAT) has held that deduction under Section 54F cannot be denied without examining the construction evidence including ledger accounts of purchase...
![Section 54F Deduction under Income Tax cannot be Denied without Examining Construction Evidence: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122836-section-54f-deduction-under-income-tax-cannot-be-denied-without-examining-construction-evidence-itat-taxscan.webp "Section 54F Deduction under Income Tax cannot be Denied without Examining Construction Evidence: ITAT [Read Order]")