This guide explains common reasons for ITR delays, including mismatches, pending demands, and verification checks, and outlines the expected processing timeline and interest on delayed ...
Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...
Gujarat High Court held that non-filing of Income Tax Return as ignorant about deduction of TDS on account of land acquisition reasonable. Accordingly, delay condoned and petitioner allowed the file ...
As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...
Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department. The ITAT Mumbai ruled in her favor, ...
Taxpayers who've faced delays due to errors in their income tax returns may soon breathe easier. The CBDT has introduced new ...
The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...
After failing to meet the initial deadline to fully implement the devolution of additional government services and facilities last year, set by Executive Order (EO) No. 138, series of 2021, President ...