Income Tax : Article explains important Income Tax Return (ITR) filing due dates for Financial Year 2025-26 relevant to different categories of...
Income Tax : Avoid common AY 2026-27 ITR filing errors, including deadline confusion, capital gains mistakes, AIS mismatches, and missed e-veri...
Goods and Services Tax : The case examined if income details could be disclosed under RTI during a matrimonial dispute. The Court ruled that such disclosur...
Income Tax : ITR-4 Sugam: End of Blind Presumptive Compliance?” The Central Board of Direct Taxes (CBDT) has introduced a significant complia...
Income Tax : Highlights that selecting the incorrect portal tab can lead to data mismatches and filing errors. Emphasizes the need to use the c...
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 Gujarat High Court is hearing a petition from the Chartered Accountants Association regarding persistent glitches on the new I...
Income Tax : The case addresses the continued failure to release ITR utilities on time despite earlier court directions. The Court adjourned th...
Corporate Law : The court interpreted the scope of Section 91 CrPC in summoning documents. It ruled that parties cannot demand documents as a matt...
Income Tax : The case focuses on systemic delays and technical shortcomings in the e-filing system. The Court directed the Department to file a...
Service Tax : The case addresses whether discrepancies between ITR/Form 26AS and ST-3 returns can justify a Service Tax demand. The Tribunal hel...
Income Tax : The Tribunal held that the assessee had furnished PAN, bank statements, confirmations, and financial details establishing the iden...
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...
A guide to carrying forward share trading losses in AY 2025-26. Covers new business codes, ITR rules, tax audit requirements, and how to set off losses.
A guide to reporting Futures & Options (F&O) and intraday trading losses in ITR 3. Learn how to navigate forms and avoid common validation errors for successful filing.
The updates concerning the ITR-5 form for Assessment Year (AY) 2025-26. The Central Board of Direct Taxes (CBDT) has made important changes to fall in line with the Finance Act, 2024, and Notification No. 42/2025, dated May 1, 2025, that taxpayers need to know to ensure proper filing. Applicability of ITR-5 Form ITR-5 form is […]
Madhya Pradesh High Court allows charitable society to condone delay in filing ITR and forms, citing Supreme Court’s COVID-19 limitation extensions and pandemic-related audit difficulties.
Find a detailed list of eligible tax deductions for your ITR for FY 2024-25. This guide covers key sections like 80C, 80D, and others to help you claim tax benefits.
A summary of the changes to the ITR-3 form for AY 2025-2026, including new rules for capital gains, share buybacks, and crypto reporting. This guide covers how to file and avoid common errors.
Learn which ITR form is right for you. This guide breaks down common ITR forms (1-7) based on income sources for individuals, businesses, and other entities.
CBDT Circular 10/2025 allows reprocessing of income tax returns erroneously marked “Invalid” by CPC, extending the Section 143(1) intimation deadline to March 31, 2026, but refunds require active PAN-Aadhaar linkage.
Learn how new ITR business codes impact tax filing. Key additions include codes for influencers and traders. AI to boost compliance and detect mismatches.
Understand Debt Mutual Fund taxation for FY24-25, including STCG/LTCG rules based on purchase/redemption dates, and how to accurately report gains in ITR-2.
