ITR Filing for FY 2024-25: Deadline, Extension Updates & Late Filing Penalties An annual compliance deemed indispensable for an Indian taxpayer is the Income Tax Return (ITR) filing. Apart from helping a person remain on the right side of the…
How to Calculate CSR Amount with Example Corporate Social Responsibility (CSR) is a legal compliance requirement—but, it reflects a company’s commitment/responsibilty to giving back to society. CSR was introduced under Section 135 of the Compan…
Husband Liable for Wife’s ₹17 Crore Land Sale Tax: ITAT Bangalore T he Income Tax Appellate Tribunal (ITAT) in Bengaluru has passed a significant ruling with a twist: when a wife sold land worth ₹17.26 crore, she walked away without any tax liabili…
Big Tax Refund Promises? Beware of 200% Penalty, Warns Expert Caution: That Attractive Refund Might Come at a Heavy Cost As the Income Tax Return (ITR) filing deadline recently passed, many taxpayers were approached—either by unverified ta…
ITR Deadline Extended to 15 September 2025 – 10 Common Mistakes to Avoid When Filing Income Tax Return 📅 Income Tax Return Due Date Extended The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing deadline fo…
🏘️ No GST on Housing Society Maintenance Charges Below ₹7,500: Government Clarifies with Rules & Thresholds In a recent written reply to the Lok Sabha, the Ministry of Finance has provided long-awaited clarity regarding the Goods and Services…
New Income Tax Rules 2025: These 5 Cases Will Trigger Automatic ITR Scrutiny—Are You at Risk? The Central Board of Direct Taxes , in a step to strengthen tax compliance and fight tax evasion, released guidelines on June 14, 2025 , indicating stric…
🧾 नई आयकर रिफ़ंड रणनीति: समय रहते ITR फाइल करें, टैक्स रिफंड पाएं 1. समय से पहले ITR दाखिले का “बोनस” आयकर विभाग ने हाल ही में ITR-1 और ITR-4 फॉर्म (FY 2024‑25, AY 2025‑26 के लिए) अपलोड किए हैं, जिसका मतलब है कि योग्य वेतनभोगी करदाता अब ऑनलाइ…
