Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to ...

India’s upcoming tax law changes could redefine resident status for high-income diaspora. Learn how this reform increases global income tax risks and affects treaty benefits for overseas ...

The notification also allows the authorised Commissioner to delegate powers in writing to Additional or Joint Commissioners ...

Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...

T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961 ...

Taxpayers struggling with refund delays or errors in their income tax returns may soon find the process far less cumbersome.

The Central Board of Direct Taxes (CBDT) has issued new rules to streamline the correction of income tax refund errors. The ...

The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under ...

As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...