You can carry forward certain specified losses like from house property, business, etc and then set it off from income in ...

The count of people declaring taxable earnings exceeding Rs 1 crore in their tax filings surged from 44,078 in the assessment ...

The new platform, part of the IEC project, will be managed by the Centralised Processing Centre (CPC), which processes ...

US practitioners have criticised an Internal Revenue Service transfer pricing memorandum, with one claiming that tax advisers ...

The HUF filed its income tax return late and overlooked claiming TDS credit. Despite multiple applications, the TDS was not ...

The Income Tax department is planning to launch an upgraded e-filing platform, ITR E-Filing Portal 3.0, designed to be ...

In the above case, the taxpayer had already filed a revised ITR in Form 5 after rectifying the defects. Therefore, the tribunal directed the Assessing Officer to consider the claim of the taxpayer as ...

In this petition, the petitioner seeks the following reliefs: “a. Issue a writ of certiorari to quash the order dated:-05.03.2024 passed by first respondents F.NO.312/84/2020-OT produced as Annexure-E ...

“The applicability of ITR forms varies depending on the sources of income of the taxpayer, the amount of the income earned, and the category of the taxpayer like individuals, Hindu Undivided ...

The ITR E-Filing Portal 3.0 is aimed at providing taxpayers with a seamless and secure platform to file their income tax ...

In accordance with the internal circular, the tax department has announced that the IEC project provides an online platform ...