News

The IT Department has prosecuted two city-based software professionals in Hyderabad, allegedly for defrauding the tax system, even after awarding them a chance to correct their tax return through the ITR-U facility.

Fake Tax Deductions: IT Dept. Prosecutes Two Hyderabad Techies for Misusing Updated Tax Return (ITR-U) Facility

Articles

Section 10(10D) exemption on life insurance maturity is denied if premiums exceed specified limits, making the payout taxable under Section 56(2)(xiii). Know these limits.

Life Insurance and Income Tax: When Does Section 10(10D) Exemption Not Apply?

When the income tax department finds some mismatches or incomplete information in your return, it may be treated as a defective return.

ITR Filing 2025: When Does Return Become Defective?

Judgement

ITAT remands trust’s 12A registration case; holds short notice period contrary to CBDT SOP and natural justice; directs CIT(E) to grant one final hearing

ITAT Trust’s 12A Registration Application After Short Notice Period Violated Natural Justice

ITAT remands case to CIT(E) after NGO failed to respond due to internal communication lapse; fresh hearing directed on Section 12A registration.

ITAT Restores 12A Registration Application After Non‑Compliance Cited as Communication Lapse

ITAT sets aside rejection of 80G application citing CBDT Circular; directs CIT(E) to treat application as timely and decide on merits

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Fake Tax Deductions: IT Dept. Prosecutes Two Hyderabad Techies for Misusing Updated Tax Return (ITR-U) Facility

Life Insurance and Income Tax: When Does Section 10(10D) Exemption Not Apply?

ITR Filing 2025: When Does Return Become Defective?

ITAT Trust’s 12A Registration Application After Short Notice Period Violated Natural Justice

ITAT Restores 12A Registration Application After Non‑Compliance Cited as Communication Lapse

ITAT Restores Trust’s 80G Registration Application Rejected on Technical Grounds