Income Tax Audit: After Rajasthan High Court order, will CBDT extend due date to file report? Explained

The Rajasthan High Court's Jodhpur bench has ordered the government and CBDT to extend the tax audit report due date from 30 ...
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ITR Filing Deadline: Key dates, forms, penalties, and process by Income Tax - Everything EXPLAINED

The Central Board of Direct Taxes (CBDT) has announced an extension for filing Income Tax Returns (ITR) for non-audit taxpayers. For FY 2024–25 (Assessment Year 2025–26), the deadline has been moved ...
Tax Guru

ITAT Deletes Addition on Alleged Shell Company Funds as AO Failed to Prove Transaction

The Kolkata ITAT allowed Winner Tradecom Pvt. Limited's appeal, deleting a ₹15 lakh addition made under Section 68 for an alleged credit from a shell ...
Tax Guru

Trade Promotion Activities Recognized as Public Utility by ITAT in Trust Registration Case

The CIT (E) rejected the registration application, noting that the Association’s objects primarily served its members—merchants engaged in diamonds, bullion, gold and silverware, and jewellery—and not ...
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Your income tax refund may be delayed due to this issue; what you can do about it

Taxpayers who were not required to undergo an income tax audit had to file their income tax returns (ITRs) by September 16, 2025. Many who filed before the deadline have already seen their returns ...