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Filing of Income Tax Returns (ITRs) is one of the tedious but mandatory tasks that an assessee has to do every year before the due date of filing. This fin...
Introduction In India, under section 139 of the Income Tax Act, each assessee is expected to file his or her income tax return within the time fr...
The Central Board of Direct Taxes has decided to provide one-time relaxation for the verification of e-filed ITRs for Assessment Year 2020-21 that are pend...
In the case of M/s. Innoviti Payment Solutions Private Ltd. Versus ITO (ITAT Bangalore), the assessee filed an appeal against the order of the Assessing Of...
In the case of Smt. Tapasi Singh Vs ITO (ITAT Kolkata), the assessee provided new capital, which was explained as a gift. She provided tax information for...
India being a member of OECD and BEPS, introduced section 286 in Income tax Act, 1961 to make mandatory for the companies to submit Country by Country Repo...
In Kartik Vijaysinh Sonavane vs. Deputy Commissioner of Income Tax [R/Special Civil Application No. 6193 of 2021 dated November 15, 2021], the Honourable G...
ITR Verification (Income Tax Return) is the final step in filing it. If you do not verify your income tax return within 120 days of submitting it, it will...
The Securities and Exchange Board of India (SEBI) issued a circular on May 2, 2025, simplifying...
Experiencing the loss of a loved one is one of the deepest emotional hardships a person can fac...
On January 16, 2025, the Reserve Bank of India (RBI) released the list of Non-Banking Financial...
Over the decades, the Oil and Natural Gas Corporation (ONGC) has been a key pillar in the portf...
The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
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