Income Tax: What is revised I-T return which you can file till the end of the calendar year?

Revision of income tax (I-T) can be done at any time three months before the end of the assessment year or before the ...
Tax Guru

Gujarat HC permits furnishing of pending GST returns as substantial outstanding tax already deposited

Gujarat High Court permits furnishing of pending GST returns, in the matter of cancellation of GST registration due to non-filing of return for continuous period of six months, since substantial ...

Income Tax Department’s AI Keeps A Close Watch, When High Bank Balances Reveal More Than They Should; Details Here

If your savings account maintains a high balance despite low expenses, the Income Tax Department may ask you to explain the ...
Tax Guru

Refund Interest Denial Over Defective TDS Held Perverse: J&K HC Remands Case

The Jammu and Kashmir High Court set aside ITAT and CIT(A) orders denying J&K Bank refund interest over disputed TDS ...

Deadline Announced For Filing TDS/TCS Correction Statements — File On Time To Avoid Missing Credit In Form 26AS Or AIS

Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...