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Income Tax Dept seeks more time for international cases

The Indian tax office has requested that hearings related to contentious transfer pricing and international taxation cases be adjourned until a ruling is given by the Supreme Court. If the top court upholds a ruling by either the Bombay High Court or earlier Chennai High Court order, a number of tax matters currently before the Dispute Resolution Panel would become time-barred under tax law, meaning the tax office would be unable to recover any tax from these claims.

E-Verify Your ITR Before Last Day: Check Step-by-Step Aadhaar OTP Guide Here

ITR E-Verify Through Aadhaar: This is the most common method of e-verifying your ITR.

ITR Filing AY 2023-24: Are You Waiting For ITR Refund? When Can You Expect It, And How Can You Check Its Status?

The deadline for filing income tax returns is over on July 31. If you are waiting for your ITR refund for AY 2023-24, scroll down to find the step-by-step guide.  

False Claims in ITR Under Scrutiny: Points to keep in mind while filing ITR to avoid income tax notice

NRIs With Inoperative PANs To Update Residential Status, Clarifies Income Tax Dept.

According to the Income Tax Department, NRIs whose PANs are inoperative are asked to inform their respective Jurisdictional Assessing Officer (JAO) of their residential status and provide any.