The Gujarat High Court quashed CBDT’s rejection and condoned delay in Sysco Industries’ income tax return filing, holding that insolvency and fire caused genuine ...

ITAT Hyderabad sent back the disallowance of Rs. 25.93 crore on pension bond adjustments and Rs. 21.92 crore on pension trust payments for verification due to contradictory claims and ITR reporting ...

If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good ...

Retired employee got Rs 13 lakh as leave encashment; tax dept denies tax exemption; ITAT Jaipur applies Rs 25 lakh leave ...

If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has ...

The Income Tax Department on Wednesday extended the due date for filing Income Tax Return for Assessment Year 2025-26. Corporates and assessees, whose accounts are to be audited, must file their ITR ...

Do you have income tax-related queries? Please ask your questions HERE and rediffGURU Mihir Tanna, associate director, S K Patodia and Associates, will Kindly note that this illustration generated ...

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

If you've received an audit from the Central Collections Agency and thought no big deal, think again, because now you may ...

Early last month, Travis County District Attorney José Garza issued a news release touting the indictment of three defendants accused of allowing 73-year-old Cynthia Pierce to freeze to death during ...

Effective from 1st July 2017, it is mandatory to quote Aadhaar for the filing of IT Returns and also linking Aadhaar with PAN. However, many taxpayers were unable to link their Aa ...