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Top Reason Why Client Trusted Gen IT Software

Why Clients Trust Gen IT Software for AY 2026-27 Tax Filing?

Tax filing in India has increasingly shifted towards a more digitised framework. This change has been driven by progressing regulations, new compliance requirements, and scrutiny from the Income Tax Department. In the Assessment year 2026-27, both tax professionals and individual taxpayers are looking for dependable, secure, and efficient tools for the correct and timely submission […]

Govt May Grant Amnesty to Traders on UPI Transactions

UPI-Based GST Amnesty Scheme Likely for Small Traders: Tax Official

Kotraswamy M, commissioner of central taxes, cited that the GST council can acknowledge the grant of amnesty from interest and penalties to small vendors who have received the tax notices based on UPI transaction data. “If this issue is being flagged because there are so many taxpayers, the GST Council can take a call, giving […]

AI Tools Boosting Tax Compliance, Says CBDT Chairman Agrawal

IT Dept Uses AI to Track Taxpayer Behaviour and Flag Suspicious PANs: CBDT Chairman

Now, the behaviour of the taxpayer can be tracked by the income tax department with its new system employing artificial intelligence (AI) that monitors online portal visits, flagging high-value transactions, and filtering out Permanent Account Numbers (PANs) linked to suspicious claims, Central Board of Direct Taxes (CBDT) Chairman Ravi Agrawal cited. The goal is to […]

PIB Issues Warning on Fake Income Tax Email Verification

PIB Issues Warning on the Rise of Fake Tax Verification Emails

An important alert has been issued by the Press Information Bureau’s Fact Check Unit (PIB Fact Check) to caution the taxpayers against a fake email scam impersonating the Income Tax Department. The bogus email claims to be the income tax department and asks the receiver to undergo a manual verification, and includes suspicious links or […]

Nationwide I-T Sweep Launched to Curb Fake Exemptions in ITRs

Income Tax Dept Targets Fraudulent Deduction Claims in New Verification Operation

A nationwide verification drive was initiated by the Income Tax Department on Monday, aimed at individuals and entities involved in submitting false claims for deductions and exemptions on their I-T returns. According to the Central Board of Direct Taxes (CBDT), the scope of this exercise is comprehensive, extending beyond deductions for donations to encompass those […]

Kerala HC's Order In Case of the Salim Aboobacker vs. ITO

Kerala HC: Section 148A Proceedings Invalid If Income Escaped Is Under ₹50 Lakh and Notice Is Beyond 3-Year Limit

The Kerala High Court ruled that tax proceedings under Income Tax Section 148A are invalid if the income is less than INR 50 lakh and the notice is issued more than three years later. Justice Ziyad Rahman A.A. said that “when the order of the assessing authority is found to be without jurisdiction and hit […]

Delhi CESTAT'S Order in The Case of M/s Shree Ganesh Telecom Pvt. Ltd. vs Commissioner (Appeals), Central Goods Respondent & Service Tax & Central Excise

CESTAT Delhi: Form 26AS Data Alone Insufficient to Prove Service Tax Liability

Relying solely on data from Form 26AS (Income Tax) without corroborating evidence was insufficient to verify service tax liability, the Delhi Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) ruled. The demand originally raised from the Show Cause Notice dated July 30, 2021, has been quashed by the bench of Dr. Rachna […]

CA Day Offer 2025

2025 CA Day: Upto 50% Off on Tax, Payroll, and ROC Software

Like every year, SAG Infotech brings exclusive discounts on its wide range of software solutions designed for CA professionals and experts. On the occasion of CA (Chartered Accountant) Day on July 1, 2025, the company offers a flat 50% discount on ROC/MCA, payroll software, except GST and Genius. The company’s product portfolio includes Genius, Gen […]

Real-Time PAN and Bank Account Validation on the ITR Portal by NPCI

NPCI Rolls Out Real-Time PAN & Bank Validation to Speed Up Tax Refunds

The National Payments Corporation of India (NPCI) has launched a new feature that allows individuals to instantly verify their PAN and bank account details on the new ITR filing site. This new service aims to make the process of getting income tax refunds faster and to ensure that the information provided by taxpayers is more […]

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