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Missed your ITR filing deadline? Learn the penalties, late fees, interest, loss of tax benefits, and the options still available under the Income Tax Act for AY 2026-27.

Missed Your ITR Due Date? Here's What Happens Next

The ITAT Delhi remands the transfer pricing dispute to the DRP for re-evaluation of comparables and working capital adjustment in AY 2021–22.

ITAT Remands Transfer Pricing Dispute: DRP to Reassess Comparables and Working Capital Adjustment

ITAT Deletes Section 69A Addition on Demonetisation Cash Deposits Received by Co-operative Society from Members

The CBDT notifies of TDS exemption on aircraft leasing payments to IFSC units opting for a 20-year tax deduction under section 147 of the Income Tax Act, 2025.

CBDT Notifies TDS Exemption on Aircraft Lease Payments to IFSC Units Under 20-Year Tax Deduction Scheme 

ITAT taxes only commission, not entire cash deposits, where assessee acted as accommodation entry facilitator.

ITAT Restricts Addition to Commission on Accommodation Cash Deposit Transactions

Tribunal allows VRS exemption claim, directs verification of enhanced leave encashment exemption under Income Tax Act.

ITAT Grants Relief on BSNL VRS Compensation and Leave Encashment Exemption

The CBDT notifies of TDS exemption on ship leasing payments to IFSC units with a 20-year deduction option under Section 147 and a mandatory declaration requirement.

CBDT Grants TDS Exemption On Ship Leasing Payments To IFSC Units Under 20-Year Tax Deduction Scheme

Form 10-IEA is a crucial declaration for business and professional taxpayers to opt out of or re-enter the default new tax regime, making it essential to understand its one-time switch rule, due dates, and ITR implications for AY 2026-27.

Everything You Need to Know About Form 10-IEA and Tax Regime Selection

Learn the correct ITR reporting for buyback proceeds, dividend income, and capital loss under the new tax rules.

Buyback Proceeds Now Taxable as Dividend: How to Report it in Your ITR

Learn the complete tax treatment of deemed dividend under Section 2(22) of the Income Tax Act, 1961, including loans, buybacks, asset distributions, liquidation, and practical examples.

Received Dividend, Loan, or Buyback Proceeds? Decode Deemed Dividend Under Section 2(22) with Practical Examples

Complete guide to ITR filing after death covering legal heir registration, income allocation, and correct ITR form selection in India.

ITR Filing for a Deceased Taxpayer: Legal Heir Registration, Partial-Year Income, and Form Selection

A simple guide explaining the tax treatment of right shares in India, covering entitlement, renunciation, cost of acquisition, and capital gains implications.

Taxability of Rights Shares in India: Complete Guide with Capital Gains Treatment

Income Tax

Finance

ICAI

Judgement

ITAT Delhi

ITAT

Chartered Accountant

Institute of Chartered Accountants of India

CBDT

ITAT Holds Cost of Acquisition Cannot Be Taken as Nil Merely Because Old Records Are Unavailable

The ITAT remanded the Section 69 unexplained cash credit addition to the AO after the assessee produced a bank statement that was not examined during the original assessment.

Missed Your ITR Due Date? Here's What Happens Next:

Missed Your ITR Due Date? Here's What Happens Next

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