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Now, file fresh ITR after discarding erroneous, unverified tax return

From Assessment Year 2023-24, individuals will have the flexibility to submit a fresh ITR after discarding the previous submission, without having to verify the original, discrepancy-ridden return

Vivek jalanYeeshu sehgalIncome tax departmentProcessing centreTax connect advisoryCentralised processing centreIncome tax actIncome tax returnIncome taxTax filingIscarded returnsBelated returnsDelayed filingElayed return tax penaltyErifying returns

Chairman, CBDT Nitin Gupta, visited the Centralised Processing Centre (CPC) at Bengaluru and had a tour of the state-of-the-art facilities of CPC, Bengaluru

Chairman, CBDT Shri Nitin Gupta, visited the Centralised Processing Centre (CPC) at Bengaluru and had a tour of the state-of-the-art facilities of CPC, Bengaluru. He appreciated 'Team CPC' for the seamless e-filing of record number of 7.85 crore Inco

Shri nitin guptaProcessing centreNitin guptaCentralised processing centreIncome tax returns

Income With Respect To Contribution Received From Recognized Stock Exchange Is Eligible For Section 10 (23EC) Exemption: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the income of the assessee with respect to contributions received from recognized stock exchanges and the members thereof is.

Processing centre of income taxForward markets commissionNational commodity derivatives exchange limitedNational commodity derivatives exchange ltdMumbai benchIncome tax appellate tribunalIncome taxRahul chaudharyJudicial memberPrashant maharishiAccountant memberNational commodity derivatives exchangeNational commodityDerivatives exchange limitedCentralised processing centreFor appellant

Capital Gain Tax, No Retrospective Applicability Of Amendment Restricting Investment In India: Bombay High Court

The Bombay High Court has held that the amendment restricting investment in house property in India has retrospective applicability.The bench of Justice K. R. Shriram and Justice N. K. Gokhale has.

United statesJusticekr shriramDevendra jainJustice nk gokhaleBombay high courtProcessing centreCentralised processing centreCapital gain account schemeIncome tax officerFor petitionerCapital gain tax

Understanding Income Tax Intimations: How They Impact Tax Refunds

Understanding Income Tax Intimations: How They Impact Tax Refunds
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