Circulars

CBDT clarifies eligibility, timelines, and authority for waiving interest under Sections 201(1A)(ii) and 206C(7) through Circulars 5/2025 and 8/2025.

Big Relief from CBDT! Now You Can Get Interest Waiver on TDS/TCS Defaults

Articles

Taxpayers who use ITR-1 (Sahaj) and ITR-4 (Sugam) can already file their income tax returns, as these forms are simpler and not impacted by recent changes in tax laws,

ITR Filing 2025: Delay in ITR-2 and ITR-3? Here is What Taxpayers Should Know

Judgement

Assessment Additions Deleted for Interest and Expense Claims Across Three Years; No Justification for Disallowance Found

ITAT Upholds Rs. 10 Cr Business Expense Claims, Rejects Revenue’s Appeals

ITAT Upholds Rs.10 Cr Business Expense Claims, Rejects Revenue’s Appeals

Notifications

CII (Cost Inflation Index) is an important metric used to estimate the inflation on an annual basis, and it ensures fairness in the taxation of capital gains.

Income Tax: Govt Notifies Cost Inflation Index for Financial Year 2025-26

Reassessment Set Aside as Investment Proven and Procedural Lapse Found

Property Bought with Family Funds, Not Unexplained Investment: ITAT

Disclosing foreign shares in ITR ensures legal compliance, avoids penalties, and supports transparent global income reporting.

Explore Our Blogs

Big Relief from CBDT! Now You Can Get Interest Waiver on TDS/TCS Defaults

ITR Filing 2025: Delay in ITR-2 and ITR-3? Here is What Taxpayers Should Know

ITAT Upholds Rs.10 Cr Business Expense Claims, Rejects Revenue’s Appeals

Income Tax: Govt Notifies Cost Inflation Index for Financial Year 2025-26

Property Bought with Family Funds, Not Unexplained Investment: ITAT

Foreign Assets Disclosure in ITR: Know Why It’s Essential and What You Need to Report