The Bombay High Court condoned a 338-day delay in filing Form No. 10 for income accumulation under Section 11(2), holding that genuine hardship justified relaxation of procedural ...
Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to ...
Georgia lawmakers weigh trimming $30 billion in tax breaks to offset $16 billion income-tax cuts, sparking debate over ...
Waiting months for your income tax refund? The government may owe you interest. While CBDT Chairman Ravi Agrawal has ...
According to the Income Tax Department's website over 7.57 crore Income Tax Returns (ITRs) were filed for the Assessment Year (AY) 2025-26 as of September 23, 2025. While the numbers look healthy on ...
The Court condoned a 31-day delay in filing Form 10B after finding the reasons bona fide and linked to COVID-19 disruptions. It set aside the rejection order and directed reprocessing of the return ...