ITAT Delhi held that TDS deposited by a buyer in a later year cannot override correct assessment year of capital gains. Form 71 enables taxpayers to claim such TDS credit in year of ...

Retired employee got Rs 13 lakh as leave encashment; tax dept denies tax exemption; ITAT Jaipur applies Rs 25 lakh leave ...

ITAT Chennai granted relief, holding that reversal of a provision for liquidated damages, which was disallowed and subsequently taxed under VSV Scheme in earlier years, cannot be taxed again under ...

Sarah Burris is a long-time veteran of political campaigns, having worked as a fundraiser and media director across the United States. She transitioned into reporting while working for Rock the Vote, ...

Coastal storm continuing to move away, so some sunshine returns today. In between that and *** high pressure system moving in will be brisk winds for the next few afternoons, few gusts today, over 25 ...

With the Income Tax Return (ITR) deadline of September 15, 2025, just around the corner, the Income Tax (I-T) Department has released Excel Utilities to help taxpayers file updated returns for ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

The Income Tax Department has extended the due date for filing Income Tax Returns (ITRs) for the Assessment Year 2025-26 by one day, making the new deadline September 16, 2025. This extension follows ...

New Delhi [India], September 15 (ANI): The Income Tax Department on Sunday clarified that the due date for filing Income Tax Returns (ITRs) has not been extended beyond September 15, rejecting claims ...