The Court quashed the order rejecting the condonation of delay, emphasizing that human error and professional reliance justify acceptance of late audit ...

Tribunal held that delay in submitting Form 10B is curable, allowing trust to claim income application under Section 11(1)(a) as it was filed prior to completion of assessment ...

Facing delay in Income Tax refund? Know how to check refund status on the IT portal, reasons for delay, processing timeline, ...

Brex reports that proper invoicing is crucial for timely payments, outlining essential components and best practices to ...

Nineteen new banks are now authorized to offer Capital Gains Account Scheme Services. This expansion provides more options ...

However, the restriction on rural branches continues, meaning only branches in areas with a population above 10,000 (as per ...

Just as the origins of the above quote oscillate from the extremities of radical religious fanaticism to jocose interpretation of Caesar demanding his due, Nigerians’ reactions to the tax bill have ...

The new buyback taxation rules, are going to make taxes a lot steeper, especially for the higher income groups ...

Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...

"We are going to see a big bump in the first quarter with the refunds and the real income," Treasury Secretary Scott Bessent ...

Belated ITR filers should also be aware of penalties and charges. Section 234F imposes a late fee of Rs 5,000 (Rs 1,000 if ...

Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated ...