The Central Board of Direct Taxes (CBDT) has set December 31, 2025 as the deadline to link PAN with Aadhaar. If you miss it, ...
It's been weeks or months since you filed your Income Tax Return (ITR), but if the refund hasn't yet arrived in your account, ...
If the government fails to issue your refund within the stipulated time, it must pay you interest as compensation.
The Tribunal held that TDS credit cannot be restricted solely due to differences between reported turnover and Form 26AS if the assessee has correctly offered the income for tax. The appeal was ...
ITAT Mumbai held that TDS need not be deducted on year-end expense provisions where payees are unidentifiable and liability crystallizes later. Case remanded for factual ...
Advance tax must be paid in instalments if liability exceeds Rs 10,000; key dates, errors, senior citizen exemptions, and ...
Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...
In a note, the ICAI has outlined its recommendations into areas like reducing compliance burden, improving tax collections, mitigating litigation and rationalisation of the provisions of the income ...
The proposals include extending tax neutrality to LLP restructurings, revising TDS on partners’ remuneration, and incentives ...
In its pre-Budget suggestions, the Institute of Chartered Accountants of India (ICAI) has also suggested introduction of year-wise E-Ledger system for crediting TDS (Tax Deduction at Source)/ TCS (Tax ...
ICAI proposes measures in Union Budget 2026-27 to mitigate litigation, reduce compliance burden & prevent tax avoidance. Key ...
CII has also proposed a phased road-map toward Paper-Free Customs by 2028 encompassing e-refunds, e-adjudication and ...