The purchase consideration was paid in an earlier financial year, and only the registration occurred in the assessment year ...

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...

Additions of unsecured loans were sustained where creditworthiness was not proved, and relief upheld only for creditors who responded to notices under section 133(6) or furnished adequate ...

Filed your ITR but still waiting for your refund? Even after ‘Processed’ status, many taxpayers face delays — from wrong bank details to technical glitches. Here’s what’s really causing the holdup., ...

The Income Tax Department has shown a noticeably proactive approach in processing refunds considering the Diwali festive ...

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.

Discover how the Reserve Bank's Unified Lending Interface (ULI) streamlines loan processes for borrowers, enhancing accessibility and efficiency.

The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that an independent enquiry or verification by the ...

Aishwarya Rai Bachchan has reportedly received relief from the Income Tax Department after the Income Tax Appellate Tribunal ...

A government circular issued in April 2025 directs individuals who obtained PAN using their Aadhaar enrolment ID before October 1, 2024.

TaxBuddy said, "Your PAN card will be deactivated from Jan 1 2026. No ITR filing. No refunds. Even your salary credit or SIP ...