A Sikar taxpayer faced a ₹3.99 lakh penalty after declaring ₹12.9 lakh in income following an income tax notice. The ITAT ...
Tax audit reports for AY 2026-27 are due October 21, 2026, while audited taxpayers’ income tax returns are due November 21.
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Missed the tax audit report submission deadline? Here's the penalty you'll face—and who is required to file it?
October 21, 2026, is a significant date for business owners and professionals required to undergo an income tax audit. Today ...
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ITR filed in July, but refund still not received? Expert explains key reasons for the delay and what taxpayers can do
Filed your ITR in July or August but still waiting for your refund? Delays can happen for several reasons, from mismatches in tax details to processing issues. Here’s what taxpayers should check on ...
Tax authority grants another two-week extension following requests from trade bodies and tax associations amid complaints ...
The FBR had extended the deadline for filing annual tax returns for the 2025-26 tax year from September 30 to October 15.
Previous filing deadline was October 15.Initially, the date was September 30.FBR issues circular announcing fresh ...
ITAT Chennai allows Section 11 exemption of ₹79.92 lakh to charitable trust filing ITR under Section 139(4), relying on CBDT's 2019 clarification.
A property sale from FY 2015-16 led to a Rs 2.65 crore short-term capital gains addition and a Rs 90.09 lakh income tax ...
Learn how Indian residents report Dubai company shares, UAE bank accounts, property and foreign income in Schedule FA, FSI ...
This article is for employees who have side income and have heard that 'you don't need to file if it's under 200,000 yen,' ...
The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns for tax year 2026 to October 31.
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