A PAN Number Is Not Proof of a Transaction: Delhi High Court Quashes ₹3.91 Crore Tax Demand Can transactions reported against a taxpayer’s PAN, without independent verification of
Income Tax Department Nudges 12,000 Tax Professionals to Expedite Tax Audit Filings for AY 2026–27 The Income Tax Department has reached out to approximately 12,000 tax professionals under
https://cag.gov.in/webroot/uploads/download_audit_report/2026/32-of-2026-English-06a7c96f01c3c89.49414346.pdf Report of the Comptroller and Auditor General of India for the year ended March 2024 Compliance Audit on Taxation of Unexplained Transactions Under the Income Tax Act,
Why Delhi HC has directed not to process ITRs of Supreme Court and High Court Judges’ under new tax regime https://www.moneycontrol.com/news/business/personal-finance/why-delhi-hc-has-directed-not-to-process-itrs-of-supreme-court-and-high-court-judges-under-new-tax-regime-14007515 Why Delhi HC has directed not to
Income Tax Department launched a nationwide verification exercise into suspicious foreign remittances. The exercise follows data analysis and ground intelligence indicating significant overseas remittances by entities with little
