Judgement

ITAT set aside the CIT(A)’s denial of Section 11 exemption due to late filing of Form 10B and remanded the matter to the AO for fresh consideration.

ITAT Restores Section 11 Exemption Claim, Directs Fresh Examination After Late Form 10B Filing

Articles

The Excel utilities for filing the Updated Return in ITR-1 to ITR-7 for Assessment Year (AY) 2025-26 are now available for download on the official Income Tax Department website.

ITR Filing AY 2025-26: Income Tax Dept Notifies Excel Utilities for Filing Updated Returns in ITR-1 to ITR-7

ITR Filing AY 2025-26: Income Tax Dept Notifies Excel Utilities for Filing Updated Return in ITR-1 to ITR-7

News

The Income Tax Department has seized Rs. 50 lakh near Gorakhpur railway station as police probe a suspected hawala link involving three youths from Rajasthan.

IT Dept. Confiscates Rs. 50 lakh Near Gorakhpur Railway Station; Police Hunt Three Rajasthan Youths

Taxpayers can still get your income tax refund only if you filed your ITR on time and are entitled to receive a refund.

Missed the December 31 Deadline to File Revised Return? Here's How to Get Your Tax Refund

Missed the December 31 Deadline? Here's How to Get Your Tax Refund

The tribunal, after considering the facts of the case, said that the mistake was bona fide and directed the CIT(E) to condone the delay.

ITAT Allows Condonation of Delay in 80G Application Due to Bona Fide Mistake in Assessment Year Selection

CBDT plans to implement a new direct tax law from April 1, 2026, replacing six-decade-old Income Tax Act to simplify taxation.

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ITAT Restores Section 11 Exemption Claim, Directs Fresh Examination After Late Form 10B Filing

ITR Filing AY 2025-26: Income Tax Dept Notifies Excel Utilities for Filing Updated Return in ITR-1 to ITR-7

IT Dept. Confiscates Rs. 50 lakh Near Gorakhpur Railway Station; Police Hunt Three Rajasthan Youths

Missed the December 31 Deadline? Here's How to Get Your Tax Refund

ITAT Allows Condonation of Delay in 80G Application Due to Bona Fide Mistake in Assessment Year Selection

CBDT to Roll Out New Direct Tax Law from April 1, 2026