![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,...
Mandatory CA Verification for Companies and High-Value Foreign Tax Credit Claims: Income Tax Rules 2026 Draft
The government has proposed a new compliance requirement for taxpayers claiming Foreign Tax Credit (FTC) under the Income Tax Act, 2025. As per the Draft Income Tax Rules, 2026, certain foreign tax...
ITAT upholds Taxability of Capital Gains on Sale of Flipkart Shares by Ex-Flipkart COO, Denies DTAA Relief Under India-Singapore Tax Treaty [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) dealt with the issue of taxability of capital gains arising from the sale of shares of Flipkart Private Limited held by Binny Bansal in...
![ITAT upholds Taxability of Capital Gains on Sale of Flipkart Shares by Ex-Flipkart COO, Denies DTAA Relief Under India-Singapore Tax Treaty [Read Order]](https://images.taxscan.in/h-upload/2026/02/04/2123739-itat-upholds-taxability-capital-gains-sale-flipkart-shares.webp "ITAT upholds Taxability of Capital Gains on Sale of Flipkart Shares by Ex-Flipkart COO, Denies DTAA Relief Under India-Singapore Tax Treaty [Read Order]")
Budget 2026: ‘No Sweeping Changes Expected’, Bertelsmann India CFO says awaiting Clearer Income Tax Rules
As the Union Budget 2026 approaches, Bertelsmann India Investments CFO Jayesh Bavle said he does not expect major changes in the taxation, and added that clearer rules will be key for the effective...
Interest-Free Funds Presumption: ITAT Deletes ₹28.78 Lakh 14A Interest Disallowance for Co-op Bank [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) ruled that tax-free investments were presumed to be made from available interest-free funds while deciding an appeal concerning the deletion of...
![Interest-Free Funds Presumption: ITAT Deletes ₹28.78 Lakh 14A Interest Disallowance for Co-op Bank [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/2113736-interest-free-funds-presumption-itat-deletes-interest-disallowance-co-op-bank-taxscan.webp "Interest-Free Funds Presumption: ITAT Deletes ₹28.78 Lakh 14A Interest Disallowance for Co-op Bank [Read Order]")