The Allahabad High Court directed tax authorities to give assessees a chance to object before reassessment, reaffirming principles from GKN Driveshafts v.
ITAT Chandigarh Cuts Unexplained Cash Addition to ₹2.5 Lakh, Accepts Part Agricultural, Dairy Income
ITAT Chandigarh restricted the unexplained cash addition to ₹2.5 lakh, deleting ₹10 lakh in Sher Singh vs ITO for AY 2017–18, ...
If the government fails to issue your refund within the stipulated time, it must pay you interest as compensation.
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Link your PAN with Aadhaar by December 31: Failure to do so will deactivate your PAN - Check linking process here
You won't be able to file your Income Tax Return (ITR), you won't receive a refund, and you may even face problems with ...
The US itself was the biggest loser of tax revenue to American multinationals’ profit shifting, the Tax Justice Network reported; in other news, firms made key tax hires ...
WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the ...
Over two dozen states incorporated the free tax software in 2025, but the IRS has decided to discontinue the program.
Its revenue from operations increases 21.47 per cent to Rs 9,174 crore, compared with Rs 7,552 crore in the year-ago period.
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