ITAT Kolkata held that mere non-filing of income tax returns by suppliers or non-response to notices cannot make an assessee’s expenses bogus. Proper verification of invoices, ledgers, payments, and ...
Have you filed your Income Tax Return (ITR) but haven't received your refund yet? If so, there's no need to worry. Sometimes ...
The Gujarat High Court has directed the Central Board of Direct Taxes to extend the Income Tax return filing deadline for ...
ITAT Surat condones delay in appeal against an increased capital gain demand under Sec. 143(1), ruling the delay was justified by the assessee's pursuit of rectification ...
The Central Board of Direct Taxes (CBDT) has announced an extension of the Tax Audit Report filing deadline for Assessment Year (AY) 2025-26. Taxpayers who were earlier required to submit their ...
Income tax refunds for AY 2025-26 are facing delays as the department increases scrutiny of old tax regime claims. Experts say inflated deductions, fraudulent exemptions, and strict monitoring by CBDT ...
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...
Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...
The deadline to file an income tax return (ITR) for FY 2024-25 (AY 2025-26) is September 15, 2025 for individuals who are not liable for income tax audit. This means if you had sold any land or house ...
The Real Estate (Regulation and Development) Act, 2016 (RERA) has revolutionised the real estate industry in India. It ensures transparency, accountability, and timely project delivery, protecting ...