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...
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 Pune Chartered Accountants' Society has requested an extension for tax audit and ITR filing deadlines for FY 2024-25, citing t...
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...
The appellant’s claim of facing technical glitches in generating Form 26A was acknowledged, leading to the tribunal directing a fresh adjudication.
Bombay High Court ruling: No penalty for ITR upload mistake. Detailed analysis of the case between Principal Commissioner of Income Tax-13 and Pinstorm Technologies Pvt Ltd.
CBDT notifies ITR-6 form for AY 2024-25. Companies who don’t have income from property held for charitable or religious purposes can use ITR-6 for filing their income tax returns starting April 1, 2024.
Explore frequently asked questions (FAQs) on the registration of a Fund Management Entity (FME) and authorization of a scheme or fund under IFSCA (Fund Management) Regulations, 2022. Get detailed insights into the application process, required documents, key executive details, financial statements, net worth, business plans, and more.
Deduction under section 80IB (10) was allowable to assessee as it had a reasonable & bona fide cause for not filing the return of income within the time permitted under Section 139(1). Once in the given facts, assessee had been held entitled to claim the specifically computed deductions, then it should not be burdened with taxes which it was otherwise not liable to pay under law.
Missed the ITR deadline for AY 2023-24? Learn how to file through ITR-U, the Updated Income Tax Return form. Steps, eligibility, and consequences explained by an expert practitioner.
As of December 31, 2023, an outstanding 8.18 crore ITRs have been filed, marking a noteworthy year-on-year increase of 9% compared to corresponding period in previous fiscal year when 7.51 crore ITRs were filed.
Discover importance of filing a late income tax return, consequences of missing deadline, and a step-by-step guide for online filing before December 31 cutoff. Avoid penalties and stay financially disciplined.
Learn step-by-step process of filing Income Tax Return Form 5 (ITR 5) in India. Understand eligibility criteria, required documents, and online submission procedure for individuals, HUFs, and non-LLP companies.
Discover why filing your Income Tax Return before December 31 is crucial. Learn about last opportunity, claiming refunds, avoiding notices, and revising returns for a hassle-free tax season.
