No TDS/TCS Correction beyond this Date: Income Tax Dept Reminds Final Date, ACT NOW !!!
The Income Tax Department has issued an urgent advisory on the upcoming deadline for filing the correction statements for Tax Deducted at Source...
![CBDT Notifies Income Tax Rules, 2026 [Read Notification]](https://images.taxscan.in/h-upload/2026/03/20/2129748-cbdt-income-tax-rules-cbdt-notifies-income-tax-rules-income-tax-rules-2026-cbdt-income-tax-rules-2026-taxscan.webp "CBDT Notifies Income Tax Rules, 2026 [Read Notification]")
![No Income Tax Addition u/s 68 Based On Mistaken Identity and Third Party Confirmation: ITAT Sets Aside ₹20 L Addition Against Finance Co. [Read Order]](https://images.taxscan.in/h-upload/2026/03/20/2129739-itat-mumbai-income-tax-addition-third-party-confirmation-itat-deletes-addition-income-tax-addition-case-taxscan.webp "No Income Tax Addition u/s 68 Based On Mistaken Identity and Third Party Confirmation: ITAT Sets Aside ₹20 L Addition Against Finance Co. [Read Order]")
![Issue of Non-Service of Notice u/s Sec 143 Requires New Examination: ITAT Remands ₹53 Lakh Addition To AO For Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2026/03/20/2129730-issue-of-non-service-of-noticejpg.webp "Issue of Non-Service of Notice u/s Sec 143 Requires New Examination: ITAT Remands ₹53 Lakh Addition To AO For Fresh Adjudication [Read Order]")
Demonetisation Period Cash Deposits From Recorded Sales Cannot Be Treated as Unexplained Income: ITAT [Read Order]
The Income Tax AppellateTribunal (ITAT) Mumbai Bench has held that the cash deposits made during the demonetisation period cannot be held to be unexplained money under Section 68 of the Income Tax...
![Demonetisation Period Cash Deposits From Recorded Sales Cannot Be Treated as Unexplained Income: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/03/20/2129728-demonetisation-period-cash-deposits-from-recorded-sales-cannot-be-treated-as-unexplained-incomejpg-1.webp "Demonetisation Period Cash Deposits From Recorded Sales Cannot Be Treated as Unexplained Income: ITAT [Read Order]")
Income Tax Order Not Uploaded on Website or Otherwise Served: Jharkhand HC Disposes Petition, Allows Appeal [Read Order]
The High Court of Jharkhand at Ranchi held that an income tax assessment order was not uploaded on the website or otherwise served to the appellant. Thus, the petition was disposed of by allowing...
![Income Tax Order Not Uploaded on Website or Otherwise Served: Jharkhand HC Disposes Petition, Allows Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/03/20/2129707-income-tax-order-not-uploaded-on-website-or-otherwise-served-jharkhand-hc-disposes-petition-allows-appeal-site-imagejpg.webp "Income Tax Order Not Uploaded on Website or Otherwise Served: Jharkhand HC Disposes Petition, Allows Appeal [Read Order]")
Maruti Suzuki Receives ₹5,786 Crore Draft Income Tax Order, Dept Proposes Disallowances and Additions [Read Order]
Maruti Suzuki India Ltd., the country’s largest carmaker, has disclosed that it has received a draft assessment order from the Income Tax Department amounting to ₹5,786.4 crore for the financial...
![Maruti Suzuki Receives ₹5,786 Crore Draft Income Tax Order, Dept Proposes Disallowances and Additions [Read Order]](https://images.taxscan.in/h-upload/2026/03/20/2129708-maruti-suzuki-income-tax-order-disallowance-income-tax-department-maruti-suzuki-tax-order-taxscan.webp "Maruti Suzuki Receives ₹5,786 Crore Draft Income Tax Order, Dept Proposes Disallowances and Additions [Read Order]")
Interconnect Service Charges do not constitute Royalty to Non-resident Telecom Operators: Supreme Court [Read Order]
The Supreme Court of India dismissed a SpecialLeave Petition (SLP) filed by the Income Tax Department and held, in concurrence with Karnataka High Court, that interconnect service charges do not ...
![Interconnect Service Charges do not constitute Royalty to Non-resident Telecom Operators: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2026/03/19/2129673-interconnect-service-charges-do-not-constitute-royalty-to-non-resident-telecom-operators.webp "Interconnect Service Charges do not constitute Royalty to Non-resident Telecom Operators: Supreme Court [Read Order]")
![CBIC Issues Corrigendum to Correct the Title of Income Tax Amendment Rules [Read Notification]](https://images.taxscan.in/h-upload/2026/03/19/2129662-cbic-issues-corrigendum-to-correct-the-title-of-income-tax-amendment-rulesjpg.webp "CBIC Issues Corrigendum to Correct the Title of Income Tax Amendment Rules [Read Notification]")
Patna HC Rejects Income Tax Appeals After 8-Month Delay Blamed on Lawyer’s Illness and Procedural Oversight [Read Order]
ThePatna High Court has dismissed two miscellaneous appeals filed by the Deputy Commissioner of Income Tax, after rejecting the department’s application seeking condonation of the delay of eight...
![Patna HC Rejects Income Tax Appeals After 8-Month Delay Blamed on Lawyer’s Illness and Procedural Oversight [Read Order]](https://images.taxscan.in/h-upload/2026/03/19/2129631-patna-hc-rejects-income-tax-appeals-after-8-month-delay-blamed-on-lawyers-illness-and-procedural-oversight-site-imagejpg.webp "Patna HC Rejects Income Tax Appeals After 8-Month Delay Blamed on Lawyer’s Illness and Procedural Oversight [Read Order]")
No Failure to Disclose Material Facts, No Reopening Income Tax Assessment: Supreme Court Declines Interference in HC Ruling favouring BPCL [Read Order]
The Supreme Court declined interference with a Bombay High Court ruling that set aside income tax reassessment proceedings against Bharat Petroleum Corporation Ltd. (BPCL), sustaining the High...
![No Failure to Disclose Material Facts, No Reopening Income Tax Assessment: Supreme Court Declines Interference in HC Ruling favouring BPCL [Read Order]](https://images.taxscan.in/h-upload/2026/03/19/2129625-no-failure-to-disclose-material-facts-income-tax-assessment-supreme-court-declines-interference-in-hc-ruling-favouring-bpcl-.webp "No Failure to Disclose Material Facts, No Reopening Income Tax Assessment: Supreme Court Declines Interference in HC Ruling favouring BPCL [Read Order]")