Articles

The calculation for interest starts from April 1 of the assessment year for the advance tax, TDS, or TCS, if the income tax return is filed on time.

Interest on Income Tax Refund: Why You May Not Get Interest on Delayed Refund?

Judgement

The Gujarat High Court directed the tax department to reconsider an 82-year-old woman’s missed return case with compassion.

Gujarat HC Gives 82-Year-Old Woman Relief in Missed Tax Return Case

News

The Income Tax Department is upgrading systems and training staff to ensure a glitch-free transition to the new tax regime.

Big Changes Ahead: Government to Introduce New ITR Forms and Tax Law in 2026

The Tribunal cited previous judgements and held that the joint ownership at the time of sale of assets does not disqualify the assessee from claiming a deduction under Section 54F.

Joint Ownership of More than One Residential Property Does Not Disqualify Deduction Under Section 54F: ITAT

The Tribunal noted that the ITR, which included the cash sales, was accepted by the AO and making an addition would result in double taxation

Demonetisation addition deleted on Cash sales duly recorded in VAT return and ITR

The ITAT noted that even though the assessee could not fully substantiate the expenses, it was unfair to reject the claim.

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Interest on Income Tax Refund: Why You May Not Get Interest on Delayed Refund?

Gujarat HC Gives 82-Year-Old Woman Relief in Missed Tax Return Case

Big Changes Ahead: Government to Introduce New ITR Forms and Tax Law in 2026

Joint Ownership of More than One Residential Property Does Not Disqualify Deduction Under Section 54F: ITAT

Demonetisation addition deleted on Cash sales duly recorded in VAT return and ITR

ITAT Grants Partial Relief on Cash Deposit and Indexed Cost of Construction Claims