Tax Efficiency in India: Exploring the New Regime
Transitioning to the new tax regime provides taxpayers with an opportunity to optimize their tax…
Tax-Free Farming: Kerala HC on Agri Land Deductions
The Kerala High Court ruled that the land in question was being used for agricultural…
HRA Mismatch Notice? Don’t Panic – IT Dept Clarifies
The Tax Department, or the Central Board of Direct Taxes (CBDT), clarified that the initiative…
GST Recovery on the Rise: Good News for Taxpayers
The Directorate General of GST Intelligence (DGGI) has seen a significant increase in the recovery…
Tax Break Denied: ITAT Clarifies 80IA Eligibility
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) rejected the claim for deduction…
Tax Efficiency Boost: IT Dept. Sets Deadlines
The Income Tax Department has set a deadline of April 30th for the approval of…
Tax Deadlines: Fair Consideration Over Strict Rules
The Bombay High Court, while interpreting the scope of authority under section 119(2)(b) of the…
Tax Law Simplified: Full Interest on All Refunds
In a judgment dated [date], the Bombay High Court delivered a significant ruling in the…
Taxpayers Win: Delayed Returns Okay Without Intent
The Rajasthan High Court recently ruled on a case involving delayed income tax returns, emphasizing…
Cash Book Cleared: ITAT Protects Taxpayer
The Delhi Bench of Income Tax Appellate Tribunal recently ruled on a case concerning the…