A taxpayer lost all deductions for AY 2024–25 as late ITR e-verification made her return belated, forcing her into the new tax regime. Timely verification is now ...
The ITAT Agra dismissed the Revenue's appeal against the deletion of a ₹2.35 crore unexplained cash credit under Section 68, agreeing that the amount was a closing balance from prior, assessed years.
The Punjab & Haryana High Court and the Himachal Pradesh High Court have extended the income tax return filing deadline for ...
Gujarat and Punjab-Haryana High Courts press CBDT to extend the ITR due date for audit cases to 30 November 2025, but a ...
Both staking and mining are good things to do to enhance your crypto holding—but with different tax burdens. As Crypto Tax ...
If you draw a government salary, lenders see you as a steady, low-risk borrower. That translates into better pricing, simpler ...
Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...
The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...
Anyone can file an updated return except in specific situations. It doesn’t matter if you already submitted an original, belated, or revised return for that year; you can still use the updated return ...
India intensifies crypto tax enforcement as Binance users face scrutiny. Traders must declare offshore crypto income and file ITR-U to avoid penalties ...
The Gujarat High Court has directed the Central Board of Direct Taxes (CBDT) to extend the deadline for filing Income Tax Returns in audit cases to November 30.