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Missed or Wrong ITR Filing? Here’s How You Can Still File or Revise Your Income Tax Return Before Deadline

If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good ...
Tax Guru

ITR Can’t Whitewash Crime Proceeds – Tribunal Upholds ED Attachment

The Tribunal upheld the ED's attachment of ₹4.04 crore worth of properties acquired through extortion and land grabbing. The ruling confirms that merely filing Income Tax Returns (ITRs) is ...
Tax Guru

Late Claim Withdrawal or Fresh Claims via Time-Barred Revised Return not allowed: SC

Supreme Court rulings in Wipro and Shriram Investments mandate strict adherence to return filing deadlines: fresh claims/withdrawals of exemptions (like Sec 10B) via revised returns filed after the ...

Tax dept used AI to issue income tax notice; Bombay High Court quashes notice, calls process unfair to taxpayer

The Bombay High Court has cancelled a tax notice because the Income Tax Department used Artificial Intelligence to draft the ...

What Young Economists Can Learn From Amartya Sen’s Work

Nobel Laureate Amartya Sen is one of the world’s most respected economist. On his birthday, we reflect on some of his teachings.