Articles

If your refund ever gets stuck due to the bank account closure, you must immediately update your current bank account details on the income tax department's e-filing portal.

What Happens to Your Refunds if Your Bank Account is Closed After ITR Filing?

What Happens to Your Refunds if Your Bank Account is Closed After ITR Filing

Judgement

Tribunal holds that additions treating certain repair bills as bogus purchases and adhoc percentage disallowances on salary and car expenses cannot be sustained in absence of contrary evidence.

ITAT Allows Appeal; Deletes Additions on Bogus Purchases and Adhoc Expense Disallowances

ITAT holds that omission to file Statement of Facts is only procedural and directs CIT(A) to decide appeals on merits after due opportunity

ITAT Restores Appeals Dismissed for Technical Lapse, Directs Adjudication on Merits

ITAT rules in favour of Tata Education Trust; holds that exemption u/s 10(34) & 10(35) cannot be denied to charitable trusts for years before s. 11(7).

ITAT Clarifies: Charitable Trusts Eligible for Dividend Exemption Pre-2015; Deficit Can Be Carried Forward

The Income Tax Department has extended the Tax Audit filing deadline to October 31, 2025, giving taxpayers extra time to submit without penalties.

Extended Tax Audit Date: Here’s Your Last Chance To File!

News

The Income Tax Department has summoned an individual named Rajesh Ranjan to their office to explain the source of funds used for helping flood-affected residents.

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What Happens to Your Refunds if Your Bank Account is Closed After ITR Filing

ITAT Allows Appeal; Deletes Additions on Bogus Purchases and Adhoc Expense Disallowances

ITAT Restores Appeals Dismissed for Technical Lapse, Directs Adjudication on Merits

ITAT Clarifies: Charitable Trusts Eligible for Dividend Exemption Pre-2015; Deficit Can Be Carried Forward

Extended Tax Audit Date: Here’s Your Last Chance To File!

Income Tax Dept. Summons an Individual for Distributing Relief Funds to Flood-Affected Villagers