Last chance to file updated Income Tax Returns for AY 2022-23 with additional tax penalties, consequences for non-compliance.

On perusal of the Intimation order u/s 143 (1) of the Act dated 01.12.2023, it is observed that the claim of tax relief of Rs.34,09,987/- Under Section 90/90A of the IT Act was disallowed.

CBDT has introduced amendments to the Income-tax Rules, 1962, through Notification No. 23/2025, effective April 1, 2025. Key changes include modifications to Form 3CD, used for tax audits, with the ...

The current deadline to file an updated ITR for FY 2021-22 (AY 2022-23) is March 31, 2025. In her eighth budget speech on ...

Workers with or without qualifying children who have low to moderate incomes may be eligible to claim the EITC.

These appeals by the assessee are directed against two separate orders both dated 01.07.2024 and 26.07.2024 passed by the Ld. Commissioner of Income-tax (Exemptions), Mumbai [in short ‘the Ld. CIT (E) ...

Principle of Substantial Justice V/s Technical Consideration – Not Condoning Delay Would Amount to Legalising an Illegal ...

A 2023 inspection by the National Financial Reporting Authority (NFRA) of M/s Walker Chandiok & Co. LLP (WCCL) revealed a ...

Goods and Services Tax (GST) framework in India, established under the CGST Act, 2017, mandates specific procedures for taxpayers to appeal against demands ...

OPPOSITION Leader Mark Golding and other members of his party have pushed back at Finance Minister Fayval Williams’ ...