Deadline for Advance tax payment falls on December 15, 2024 Sunday: You can Still Pay on December 16 Considering Holiday
The deadline for the third installment of advance tax for the financial year 2024-25 is on December 15, 2024. However, since this date falls on a...
![Interest u/s 234A of Income Tax Act Not Leviable When Return was filed u/s 148: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Interest-us-234A-of-Income-Tax-Act-Not-Leviable-Return-us-148-ITAT-TAXSCAN.jpg "Interest u/s 234A of Income Tax Act Not Leviable When Return was filed u/s 148: ITAT [Read Order]")
![TDS Credit cannot be Denied to Developer following Percentage Completion Method If Buyer Deducted Tax at the Time of Execution of Sale Deed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/TDS-Credit-TDS-Developer-Buyer-Execution-of-Sale-Deed-Sale-Deed-Percentage-Completion-Method-Income-Tax-ITAT-taxscan.jpg "TDS Credit cannot be Denied to Developer following Percentage Completion Method If Buyer Deducted Tax at the Time of Execution of Sale Deed: ITAT [Read Order]")
Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]
The ITAT Kolkata bench, in M/s Nidhi Packers Pvt. Ltd v. ITO held that interest under Section 234AÂ of the Income Tax Act cannot be charged from the assessee when he had filed return within the...
![Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Filing-Return-Taxscan.jpg "Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]")
Assessee can't claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal ( ITAT ) in Nitin Kumar versus ACIT held that assessee cannot claim non-chargeability of Interest since Cash was seized after the expiry of the...
![Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]")
Assessee is a student in AY resulting into late payment of Taxes considered to be unavoidable circumstances for delay in filing Tax return: Madras HC [Read Judgment]
While disposing a petition by Mr. Anandakumar, the single bench of Madras High Court has observed that, When an Assessee is a student in Assessment Year and resulted delay in payment of Taxes...
![Assessee is a student in AY resulting into late payment of Taxes considered to be unavoidable circumstances for delay in filing Tax return: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Assessee is a student in AY resulting into late payment of Taxes considered to be unavoidable circumstances for delay in filing Tax return: Madras HC [Read Judgment]")
ITAT Orders Fresh Probe into Rs.50 Lakh Cash Robbery Case, Asks Department to Verify Farmers’ Claims [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has sent back the case involving an addition of Rs.50 lakh under Section 69A of the Income Tax Act to the Assessing Officer for a fresh...
![ITAT Orders Fresh Probe into Rs.50 Lakh Cash Robbery Case, Asks Department to Verify Farmers’ Claims [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Delhi-ITAT-Cash-Robbery-Case-TAXSCAN.jpg "ITAT Orders Fresh Probe into Rs.50 Lakh Cash Robbery Case, Asks Department to Verify Farmers’ Claims [Read Order]")