Read all Latest Updates on and about Income Tax Department

Top

Begin typing your search above and press return to search.

Home
»
Income Tax Department

[TAXSCAN 360] Income Tax Rectification: Time Limits and Grounds for Seeking Rectification u/s 154

Navasree A.M

For both taxpayers and tax authorities, rectification is an important solution for resolving mistakes in the income tax orders. When there is an...

PAN-Aadhaar Link Fails Due to Date of Birth Mismatch? Follow This Income Tax Dept Guidance

Income Tax tightens Scrutiny on Big Spenders: Here's How to Avoid Notices on High Value Transactions

Delaying your Income Tax Returns? File soon and Avoid Late Fees, Interest and Penal Action

Relief to SpiceJet: ITAT Dismisses Income Tax Department Appeals on Supplementary Rent Disallowance...

ITR Refund Stuck? Here’s What the Income Tax Department Suggests

The income tax payers awaiting their income tax refund may need to take a few important steps to ensure timely credit of the amount. The Tax Department has issued recommendations for individuals...

ITR Filing 2025: Key Updates You as a Taxpayer/Professional Absolutely Can't Miss!

As the tax season for Financial Year 2024-2025 - Assessment Year 2025-26 gets underway, there are important updates that taxpayers and professionals need to know as of date.Planning smarter for FY...

Income Tax Portal Update: Here's New Mandate on PAN Registration

Attention taxpayers, there is now a new update in the Income Tax Portal. For registering PAN on the Income Tax portal, Aadhaar One-Time Password (OTP) verification is now compulsory. ...

Advance Tax Deadline for FY 2025-26 Falls on June 15, Mandatory for those with Tax due Over Rs. 10,000

Attention readers, at 11:04 AM today, the Income Tax Department, through its Twitter handle, reminded taxpayers that the deadline for the first instalment of advance tax for the financial year...

Buyer’s TDS Filing Error Won’t Deny NRI Seller's Full Credit: Delhi HC Orders Refund Processing [Read Order]

In a recent ruling, the Delhi High Court directed the Income Tax Department to grant full TDS credit to an NRI seller and process a refund, despite a mistake by the property buyer in filing the TDS...

FM Nirmala Sitharaman to meet GST and income tax officers to resolve ground level issues

Union Finance Minister Nirmala Sitharaman will soon meet senior officers from the GST, customs, and income tax departments to talk about problems faced by taxpayers and officials on the ground. ...

Orissa HC Sets aside Order passed by NFAC without allowing 7 days Time Stipulated u/s 144B of Income Tax Act [Read Order]

The Orissa High Court set aside the order passed by the National Faceless Assessment Centre (NFAC) as it was without allowing the 7 day time stipulatedd under section 144B of the Income Tax Act,...

Prev Page Next Page