Income Tax : The article highlights common return filing errors, including wrong ITR forms and income mismatches, that can result in defective ...
Income Tax : The revised ITR forms for AY 2026-27 introduce new tax slabs, expanded ITR eligibility, and enhanced disclosure requirements. Unde...
Income Tax : Budget 2026 has extended the due dates for ITR-3, ITR-4, and revised returns, offering taxpayers greater flexibility. Understandin...
Income Tax : Learn about the most common Income Tax Return filing errors that can attract scrutiny from the tax department. From AIS mismatches...
Income Tax : The article argues that recurring demands for ITR deadline extensions arise from delayed AIS updates, late utility releases, and t...
CA, CS, CMA : Chandigarh Chartered Accountants Taxation Association has requested CBDT to immediately release pending ITR e-filing utilities for...
Income Tax : KSCAA requested the CBDT to release e-filing utilities and schemas for AY 2026-27 without delay, stating that pending utilities ar...
CA, CS, CMA : The Court found CBDT failed to follow its 2015 directive on timely ITR utility release. It ordered an affidavit with corrective st...
CA, CS, CMA : KSCAA urged CBDT to extend due dates for assessees under Section 92E, citing an omission in Circular No. 15/2025 that created inco...
Income Tax : Gujarat HC has directed CBDT to ensure that there is a mandatory one-month gap between date for furnishing tax audit reports (unde...
Income Tax : The Court emphasized that procedural defaults should not override substantive tax benefits where genuine hardship exists. It direc...
Income Tax : The Tribunal accepted that the taxpayer was pursuing rectification remedies and therefore condoned the delay in filing the appeal....
Corporate Law : The Calcutta High Court held that Income Tax Returns filed prior to the victim’s death could not be viewed with suspicion while ...
Service Tax : CESTAT Allahabad held that service tax demand raised merely on differences between ST-3 returns and Income Tax Returns without pro...
Income Tax : The case addresses the continued failure to release ITR utilities on time despite earlier court directions. The Court adjourned th...
Income Tax : CBDT clarified the presentation of error categories in Form U. The update ensures clearer reporting of incorrect income heads and ...
Income Tax : The corrigendum corrects technical errors in multiple ITR schedules, including CG and CYLA. It ensures accurate reporting and smoo...
Income Tax : CBDT corrected multiple clerical and structural errors across income tax return schedules. The changes ensure accurate reporting a...
Income Tax : The corrigendum fixes an incorrect aggregation formula in Schedule CG and wrong cross-references in Schedule UD. It ensures accura...
Income Tax : The corrigendum addresses formatting and reference errors in Schedule CG and Schedule OS. It clarifies reporting fields without al...
Overview of Income Tax Returns (ITR) in India, detailing different forms (ITR-1 to ITR-7) based on taxpayer categories and income sources, plus current filing deadlines and verification tips.
Understanding nuances of ITR-1 to ITR-6 is crucial for accurate tax filing. This guide provides a concise overview of which form to choose based on income sources and financial structures.
Understand who qualifies to file ITR-1 (SAHAJ) and ITR-4 (SUGAM) forms, including income sources and exclusion criteria for individual and business taxpayers.
India’s income tax filing season for Assessment Year (AY) 2025-26 (Financial Year 2024-25) is off to a rocky start, marked by significant delays in form releases, minimal processing of filed returns, and new mandates causing concerns among taxpayers and professionals alike. Social media platforms are abuzz with complaints, highlighting a growing frustration with the Income Tax Department’s preparedness.
Delhi High Court rules in favor of Square Vision India Pvt Ltd, condoning a one-day delay in ITR filing for AY 2016-17, citing genuine hardship and setting aside PCIT’s rejection.
ITAT Chennai directs a fresh assessment for an illiterate taxpayer with high-value transactions who failed to file ITR, citing lack of awareness and imposing a Rs. 5,000 cost.
Learn how to e-file your ITR for FY 2024–25. Know the required documents, correct ITR forms, deadlines, and step-by-step instructions. File correctly and on time.
CBDT’s 2024 circular allows delayed ITR filing under Section 119(2)(b). Learn step-by-step filing process, eligibility, and offline return submission rules.
CBDT extends deadline for processing AY 2023-24 ITRs filed under Section 139 to 30th November 2025. Excludes scrutiny cases and unprocessed returns due to taxpayer reasons.
The Income Tax Department has introduced new detailed reporting for various deductions (HRA, home loan interest, 80C to 80U) in ITRs for FY 2024-25, applicable to the old tax regime.
