The Tribunal annulled a reassessment after finding the AO wrongly assumed no return was filed. It held that a notice under Section 148 issued without applying mind is invalid, reinforcing that “reason ...

A nationwide Income-Tax Department probe has revealed a massive scam involving over ₹5,500 crore in fake political donations.

With the October 31 deadline for filing income tax audit reports approaching, experts warn that missing the due date could ...

Missing the tax audit filing deadline can result in penalties, increased scrutiny, and delays in refunds. Many taxpayers are ...

Penalties if Someone Misses Tax Audit Filing Deadline? Gaurav Jain, Partner, Direct Tax, Forvis Mazars India told News18 that ...

The Delhi High Court (HC) has ordered the Union Government to not take any action against a charitable trust, established for ...

Madras High Court held that cancellation of GST registration cannot be absolute; revival is possible with conditions like freezing the Electronic Credit Ledger for six ...

The Allahabad High Court set aside a GST penalty under Section 129, ruling that the mere absence of Part-B of an e-way bill is a technical breach, not an intention to evade tax, citing the Fiserv ...

Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax ...

Around 300,000 companies, including 37,000 newly incorporated entities, are required to file their YA 2025 corporate income tax returns by 30 November. Since January, IRAS has taken enforcement action ...

Gauhati High Court allows a taxpayer a fresh two-month window to apply for GST registration restoration after the 270-day deadline passed, provided all dues are ...

MP High Court sets aside GST cancellation for non-filing, allowing restoration on condition of submitting all pending returns and paying a penalty of for ...