The issue was whether an assessment under the Black Money Act can survive once the foundational notice is held invalid. The Tribunal held that an invalid Section 10(1) notice nullifies all subsequent ...

How Budget 2026 impacts middle-class taxpayers in 5 key ways. From income tax relief to TCS cuts and revised return rules, ...

Finance Bill, 2026 updates income-tax return rules for reassessment under Section 148, adds a 10 percent levy and clarifies ...

The appeal was dismissed as the assessee had already offered the disputed income to tax at 30%. The ruling clarifies that ...

Rather than broad-based tax cuts, the focus this year is on maintaining existing relief, easing compliance requirements, and streamlining procedures.

Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and ...

From retaining effective tax relief for middle-income earners to extending timelines for revised returns, rationalising Tax ...

MOUNT LAUREL, N.J., Feb. 03, 2026 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (Nasdaq: JJSF) today reported financial results for the first quarter ended December 27, 2025. This press release contains ...

Revenue1 decreased 3% from prior year to $2.9 billion for the quarter and decreased 2% to $9.7 billion for the year due to ...

Budget 2026 significantly softens penalties for income tax defaults. The jail term for failing to file ITR with tax exceeding ...

After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...

Union Budget 2026 reshapes India’s direct tax system by reducing discretion, simplifying compliance and prioritising correction over punishment ...