![Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]](https://images.taxscan.in/h-upload/2026/03/06/2128085-cryptojpg.webp "Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]")
Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]
The Central Board ofDirect Taxes (CBDT) has notified important changes to the Income Tax Rules, 1962, through the Income Tax (First Amendment) Rules,...
![Income Tax Dept Administrative Delay in Gathering Foreign Information Cannot Restrict Right to Travel Abroad: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/03/04/2127756-foreign-informationjpg.webp "Income Tax Dept Administrative Delay in Gathering Foreign Information Cannot Restrict Right to Travel Abroad: Delhi HC [Read Order]")
![Need to Restore an Old PAN? Here’s What the Madras HC Directed the Income Tax Dept to Do [Read Order]](https://images.taxscan.in/h-upload/2026/02/23/2126787-need-to-restore-an-old-panjpg.webp "Need to Restore an Old PAN? Here’s What the Madras HC Directed the Income Tax Dept to Do [Read Order]")
Supreme Court set to examine whether Income Tax Dept. can condone ITR filed with 30-Month Delay [Read Judgement]
The Supreme Court of India is set to examine whether the income tax department can condone an Income Tax Return (ITR) which was filed with a delay of 30-months. The matter is being assessed in...
![Supreme Court set to examine whether Income Tax Dept. can condone ITR filed with 30-Month Delay [Read Judgement]](https://images.taxscan.in/h-upload/2026/02/18/2126205-supreme-court-set-examine-whether-income-tax-dept-can-condone-itr-taxscan.webp "Supreme Court set to examine whether Income Tax Dept. can condone ITR filed with 30-Month Delay [Read Judgement]")
Failure To Establish Public Utility Of Internal Roads: CESTAT Remands ₹6.73 Lakh Service Tax Demand [Read Order]
The New Delhi Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside the order of the lower authorities and remanded the service tax demand of ₹6.73 lakh, ...
![Failure To Establish Public Utility Of Internal Roads: CESTAT Remands ₹6.73 Lakh Service Tax Demand [Read Order]](https://images.taxscan.in/h-upload/2026/02/15/2125216-failure-establish-public-utility-internal-roads-cestat-remands-service-tax-demand-taxscan.webp "Failure To Establish Public Utility Of Internal Roads: CESTAT Remands ₹6.73 Lakh Service Tax Demand [Read Order]")
![Delhi HC Dismisses Revenue Appeals on India-Switzerland Treaty Issue in Light of Recent Ruling [Read Order]](https://images.taxscan.in/h-upload/2026/02/13/2125002-delhi-hc-dismisses-revenue-appeals-india-switzerland-treaty-issue-light-recent-ruling.webp "Delhi HC Dismisses Revenue Appeals on India-Switzerland Treaty Issue in Light of Recent Ruling [Read Order]")
Karnataka HC Restores Criminal Proceedings against Director in TDS Default u/s 276B, Overturns Trial Court Discharge [Read Order]
The Karnataka High Court has restored criminal proceedings against a company director for alleged failure to deposit Tax Deducted at Source (TDS) under Income tax act, 1961 within the prescribed...
![Karnataka HC Restores Criminal Proceedings against Director in TDS Default u/s 276B, Overturns Trial Court Discharge [Read Order]](https://images.taxscan.in/h-upload/2026/02/12/2124748-karnataka-hc-criminal-proceedings-director-tds-overturns-trial-court-discharg-taxscan.webp "Karnataka HC Restores Criminal Proceedings against Director in TDS Default u/s 276B, Overturns Trial Court Discharge [Read Order]")
Supreme Court upholds Rajasthan HC Ruling Quashing S. 148 Reassessment Notices Based on Third-Party Search Material [Read Order]
The Supreme Court refused to entertain the Income Tax Department’s Special Leave Petition (SLP) against the Rajasthan High Court judgment which had quashed reassessment notices issued under Section...
![Supreme Court upholds Rajasthan HC Ruling Quashing S. 148 Reassessment Notices Based on Third-Party Search Material [Read Order]](https://images.taxscan.in/h-upload/2026/02/08/2124275-supreme-court-rajasthan-hc-ruling-quashing-reassessment-notices-based-third-party-search-material-taxscan.webp "Supreme Court upholds Rajasthan HC Ruling Quashing S. 148 Reassessment Notices Based on Third-Party Search Material [Read Order]")
Income Tax Dept. can Inspect Seized Jewellery amid Pending S.263 Proceedings Without Disclosing Reasons: Calcutta HC [Read Order]
The Calcutta High Court recently delivered a notable judgment, ruling that the Income Tax Department is not required to provide all information and reasons to inspect jewellery and bullion that was...
![Income Tax Dept. can Inspect Seized Jewellery amid Pending S.263 Proceedings Without Disclosing Reasons: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/07/2124114-income-tax-dept-inspect-seized-jewellery-amid-proceedings-without-disclosing-reasons-calcutta-hc-taxscan.webp "Income Tax Dept. can Inspect Seized Jewellery amid Pending S.263 Proceedings Without Disclosing Reasons: Calcutta HC [Read Order]")
Madras HC Upholds ₹1.5 Crore Income Tax Penalty on Actor Vijay, Holds Notice issued within Limitation Period
In a recent ruling, the Madras High Court upheld a Rs. 1.50 crore income tax penalty imposed on actor-turned-politician Vijay, and held that the Income Tax Department’s notice and proceedings were...
