Introduced under Section 139(8A) of the Income Tax Act, 1961, the updated return framework allows taxpayers to declare income that was earlier under-reported, reported under the wrong head, or not ...

The ITAT Bangalore ruled that TDS credit cannot be denied based on a processing mismatch alone. The AO must verify the claim ...

The ITAT Pune has quashed a reassessment notice for AY 2015-16, citing the Supreme Court's concession that notices issued after April 1, 2021 are time-barred and ...

Ramesh Shankarrao Wagh's appeal to ITAT Pune addresses the delayed filing of Form 3CFA for Section 115BBF patent income tax relief. The Tribunal's decision, influenced by judicial precedents, remands ...

ITR 2025: Salaried persons are supposed to use either ITR-1 or ITR-2 for filing their income tax returns. Here is how to find out which tax form is relevant for you.

The ITAT Delhi has dismissed a reassessment appeal, ruling that a Section 148 notice issued on March 31 but dispatched on April 20 was invalid. The delay in service rendered the assessment void as it ...

ITAT Kolkata held that denial of exemption u/s. 10(23C)(via) due to inadvertent mistake of claiming exemption under section 12A instead of 10(23C)(via) is not justifiable. Accordingly, exemption ...

The Central Board of Direct Taxes (CBDT) has announced a major relief for taxpayers. Those who missed filing their Income Tax Return (ITR) or made errors while submitting returns for the financial ...

ITAT Bangalore remands a trust's 80G cancellation, citing a violation of natural justice. The trust gets a fresh opportunity to prove the genuineness of its ...

The Central Board of Direct Taxes has made updated Income Tax Return filing easier. Taxpayers can now use ITR-3 and ITR-4 forms on the e-filing portal. The deadline to file an updated return is now 48 ...

The Delhi ITAT has quashed a reassessment based on "borrowed satisfaction," ruling that the tax department acted without independent inquiry and on suspicion, not tangible ...

The ITAT in Vir Savarkar Swimmers Club vs. ITO case ruled that even without a tax exemption, only a society's net income is taxable, not its gross ...