The Central Board of Direct Taxes has extended the income tax return filing deadline for certain assessees to December 10, 2025. The deadline for furnishing audit reports for the previous year 2024-25 ...
Karnataka High Court held that a reassessment notice issued on 7 May 2024 for AY 2017–18 was beyond six-year limitation period under Section 149 of Income Tax Act and therefore ...
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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 ...
The ITAT Agra dismissed the Revenue's appeal against the deletion of a ₹2.35 crore unexplained cash credit under Section 68, agreeing that the amount was a closing balance from prior, assessed years.
Mr. Gupta, a landlord, has won a significant case in the Himachal Pradesh High Court. Tenants had claimed ownership based on ...
The Central Board of Direct Taxes (CBDT) on October 29 announced an extension of deadlines for filing income tax returns ...
In their reasonable reliance on software under Statement on Standards for Tax Services 1.4, AICPA members should evaluate its ...
The IRS’s increased documentation requirements for Sec. 41 claims require taxpayers to specifically identify applicable business components and their costs and why their development is qualified ...
IRS eases reporting for lenders on 2025 auto loan interest under H.R. 1, allowing borrower statements in place of direct IRS ...
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