Gujarat High Court held that non-filing of Income Tax Return as ignorant about deduction of TDS on account of land acquisition reasonable. Accordingly, delay condoned and petitioner allowed the file ...
ITAT sustained PCIT's revisional order under Section 263, ruling that AO's mechanical acceptance of a low profit margin return without proper inquiry was both erroneous and prejudicial to Revenue's ...
The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...