Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, ...

Even though the September 16, 2025 deadline has come and gone, being long past, a lot of taxpayers are still left wondering ...

The Second Circuit ruled that the deadline to challenge IRS notices can be tolled and is not jurisdictional, supporting ...

ITAT Mumbai dismissed a tax appeal due to a 1,370-day delay, ruling that reliance on a tax consultant’s advice does not constitute sufficient cause for condonation. Case underscores strict adherence ...

The Tribunal held that the CIT(A) erred by dismissing the penalty appeal solely due to VSVS settlement of interest, without adjudicating the depreciation-related penalty. Key takeaway: all grounds ...

The Income Tax Act, 2025, approved by Parliament on 12 August, represents the most comprehensive reform of India’s direct tax legislation in more than half a century.

They ultimately landed on a requirement for applicants to provide three legal documents from a list of seven in order to give ...

Agrawal said a "negative growth" was being seen in refunds, maybe because refund claims have also gone down, even as TDS (Tax ...