Judgement

ITAT Kolkata rules that employees cannot be penalised for the employer’s failure to deposit deducted TDS and orders full TDS credit to the taxpayer.

Employee Cannot Be Penalised If Employer Fails To Deposit TDS, Says ITAT Kolkata

ITAT rules that cash deposits made during demonetisation were fully supported by recorded withdrawals of assessee and late mother; rejects additions based on suspicion and deletes ₹59.39 lakh.

ITAT Deletes Entire Rs. 59.39 Lakh Demonetisation Addition After Finding Cash Withdrawals Fully Supported

Tribunal remands matter after assessee furnishes new evidence to support exemption claim on farmhouse investment.

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

News

Here's a comprehensive and simple breakdown of the major tax changes coming into effect for financial year 2025-26.

Major Tax Changes for FY 2025-26: Know How New Rules Will Benefit You

CBDT explains why refund processing is slower this year and when pending refunds will be cleared.

Government to process Income Tax Refund by this date: Know More

Tribunal condones delay and partly deletes demonetisation cash deposit addition; accepts evidence of loans and FD maturity, restricts unexplained income to 10%.

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Employee Cannot Be Penalised If Employer Fails To Deposit TDS, Says ITAT Kolkata

ITAT Deletes Entire Rs. 59.39 Lakh Demonetisation Addition After Finding Cash Withdrawals Fully Supported

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

Major Tax Changes for FY 2025-26: Know How New Rules Will Benefit You

Government to process Income Tax Refund by this date: Know More

ITAT Partly Deletes Demonetisation Cash Deposit Addition; Restricts Unexplained Income to 10%