Read all Latest Updates on and about Income Tax returns

Top

Begin typing your search above and press return to search.

Home
»
Income Tax returns

Civil, Plumbing & Electrical Charges Paid by Senior Citizen to Builder are Genuine Cost of Acquisition: ITAT Allows ₹11.35L Income Tax Deduction

Avinash Kurungot

The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) recently held that civil, plumbing and electrical charges paid directly to the...

Chartered Accountants body Seeks Uniform Relief for Taxpayers Filing Form 3CEB u/s 92E of Income Tax...

Mismatch Between Income Tax and ST-3 Returns: CESTAT Upholds Service Tax Demand for Unexplained...

Canada Launches World's First Automatic Tax Filing System for Low-Income Citizens: Can India...

Income Tax Compliance Calendar for October 2025

"The system is stable and fully functional...", says CBDT whilst Extending Tax Audit Report Due Date: Here's why it is Otherwise

On 25th September 2025, the Central Board of Direct Taxes (CBDT) announced an extension for filing Tax Audit Reports (TARs) for Assessment Year 2025-26. The deadline has been pushed from 30th...

[Breaking] CBDT Extends due date for filing Audit Reports [Read Press Release]

The Central Board of Direct Taxes ( CBDT ) has announced an extension of the due date for furnishing various audit reports under the Income-tax Act, 1961 for Assessment Year 2025-26. The original...

Judicial Powers vs. Statutory Deadlines: Can High Courts Extend Due Dates under Income Tax

The income tax system in India is organized around tough statutory deadlines. While the Central Board of Direct Taxes ( CBDT ) notifies statutory due dates, petitioners frequently approach High ...

[BREAKING] Tax Professionals in Protest! CA Members to Hold Peaceful Protest at ICAI ITO Today

In a rare display of collective dissent, Chartered Accountant (CA) professionals are set to stage a peaceful protest at the Institute of Chartered Accountants of India (ICAI) headquarters, ITO, New...

CBDT waives Interest u/s 220(2) for Demands Raised on Disallowance of Wrong 87A Rebate [Read Circular]

The Central Board of Direct Taxes (CBDT) has issued Circular No. 13/2025 dated 11.09.2025, granting waiver of interest under section 220(2) of the Income-tax Act, 1961, in cases where demands have...

Silence of ICAI among IT Deadline Pressure and Portal Glitches raises Eyebrows of CA Members, #ICAI Trending on X

The silence of the Institute of Chartered Accountants of India (ICAI) has raised eyebrows of member Chartered Accountants (CA) who took it to X (Formerly Twitter) to raise their concerns ...

ITR not yet Processed? Know the Deadline on Department for Processing Income Tax Returns and Refunds

The Income Tax Department has clarified the timeline for processing tax returns (ITRs) and issuing refunds for Assessment Year 2025–26 (FY 2024–25). By law, the I-T department must complete...