Your ITR refund for FY 2024-25 may be delayed due to pending tax issues. Learn why and how to handle notices from the Income Tax Department.
The Central Board of Direct Taxes notifies tax collection at source on the sale of certain goods exceeding 竄ケ10 lakh, effective upon official publication.
An analysis of China’s economic slowdown, its AI limitations, and comparisons with Japan’s 1980s decline amid rising global competition.
ITAT Bangalore held the imposition of penalty under section 270A of the Income Tax Act is not sustainable since charge of under reporting or mis-reporting not clarified. Thus, penalty cannot be imposed in a light hearted manner or in routine manner.
Karnataka High Court advocates for Uniform Civil Code to accelerate equality for all women, regardless of religion or caste.
Latest income tax rule changes effective April 2025. Form 27EQ updated with new categories for tax collection at source on various goods.
ITAT Surat held that the application in Form No.10AB u/s 80G(5) of the Income Tax Act cannot be dismissed as barred by limitation in view of CBDT circular 7/2024 dated 25.04.2024. accordingly, matter remitted to the file of CIT(E).
Coordinate Tribunal in the case of Arti Dhall vs. DCIT has held that in the case on hand undoubtedly the satisfaction note u/s 153C of the Act was recorded on 27.09.2022 which falls in the previous year 2022-23 relevant to the AY 2023-24.
ICAI and CAG of India collaborate to strengthen PSU audit officer skills with structured training programs starting May 2025.
CBIC amends customs notification to include Rohini Yard Jetty, Rohini Village, Raigad, in the list of ports under Maharashtra.