Income Tax Advisory – Important Updates
January 2, 2026
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1. The Central Board of Direct Taxes (CBDT)’s ongoing “NUDGE” campaign to verify deductions and
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1. The Central Board of Direct Taxes (CBDT)’s ongoing “NUDGE” campaign to verify deductions and
1. Penalty for Non-Disclosure of Foreign Assets Is Discretionary This Special Bench ruling of the
CBDT extends due date for filing Tax Audit Report for A.Y 2025-26 to 31st October
The Income Tax Department initiated a large-scale verification operation across various locations in the country
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Many business owners genuinely believe that if GST returns are filed on time and taxes are paid correctly, there should be no further exposure under
1. The Central Board of Direct Taxes (CBDT)’s ongoing “NUDGE” campaign to verify deductions and exemptions The Income-tax Department has observed that certain taxpayers may
Gold has been regarded as a store of value for centuries and continues to hold a significant place in modern investment portfolios. While financial markets