Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limitITR Filing: The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. The latest circular has re...
20 Nov, 2024, 11.42 AM IST
Income Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rulesIncome tax relief: The income tax department has released new rules for granting condonation of delay requests in filing specified forms. T...
19 Nov, 2024, 02.29 PM IST
Easier to claim tax refund in delayed ITR: CBDT doubles the limit for tax refund jurisdiction of commissioners for condonation of delayIncome tax refund: The Ministry of Finance has almost doubled the tax refund limit for accepting or rejecting condonation of delay requests...
01 Oct, 2024, 08.48 PM IST
ITR e-verification: How to e-verify ITR, timelimit, other important FAQsThe ITR is deemed invalid or will not be regarded as filed if the assessee does not validate it within the allotted period. e-Verification ...
28 Jun, 2024, 04.44 PM IST
Missing ITR verification deadline can cost you Rs 5000 despite filing ITR on timeThe Central Board of Direct Taxes, via a notification in July 2022, reduced the time limit for ITR verification from 120 days earlier to 30...
01 Aug, 2023, 10.50 AM IST
Forgot to verify your income tax return? Here is what you can doVerification of income tax return is the last step to complete the process of ITR filing. ITR must be verified within 30 days of submission...
13 Jun, 2023, 01.21 PM IST
What happens if you don't e-verify ITR on timeAs a return filed without verification is considered invalid, it will amount to the return not being filed, and the consequences of delay i...
15 Aug, 2022, 06.30 AM IST
Forgot to verify your income tax return? Here's helpAn ITR filed but not verified is treated as an invalid return by the department. It would mean that you have not filed the ITR for a partic...
11 Dec, 2020, 10.34 AM IST
SC frowns at inordinate delay by government authorities in filing appealsA bench headed by Justice S K Kaul said the apex court cannot be a place for the governments to walk in when they choose, ignoring the peri...
18 Oct, 2020, 01.42 PM IST
IRDAI directs insurers to conduct board meetings only via video-conferencing till end JuneWhile life insurers who as it is could provide customers with a ‘grace period’ for premium payments can now provide 30 additional days for ...
23 Mar, 2020, 10.12 PM IST
December 31 is the last date to verify your ITR. Have you done it?According to income tax laws, a taxpayer gets 120 days from the date of filing an income tax return (ITR) to verify his/her tax return. The...
30 Dec, 2019, 01.52 PM IST
Govt extends deadline for Condonation of Delay SchemeIn a communication, the ministry said that on consideration of requests received from various stakeholders, the scheme has been extended up...
01 Apr, 2018, 01.15 PM IST
Railways can't get away with poor serviceThe railways was directed by a district forum to pay compensation to the passenger for being deficient, but the railways decided to contest...
21 Aug, 2017, 10.27 AM IST
Coalscam: Court warns Devendra Darda, asks him to be carefulThe court was informed that due to some administrative mistake in Devendra's lawyer office, the initial undertaking could not be filed befo...
24 Nov, 2014, 09.37 PM IST
Electricity Appellate Tribunal rejects Adani Power plea on condoning delayThe application was filed requesting that the tribunal condone the "delay of 481 days" in filing the appeal that challenges certain finding...
02 Nov, 2014, 04.10 PM IST
- GSM, CDMA bodies move TDSAT against TRAI's VAS procedures
GSM & CDMA Telecom operators along with their associations approached TDSAT against the regulations of TRAI which laid down the procedures ...
20 Sep, 2012, 07.53 PM IST
- HCs get back power to hear late I-T appeals
The amendments brought in the Finance Bill has empowered the Income-Tax (I-T) department to file about 12,000 appeals involving several tho...
01 Mar, 2010, 02.07 AM IST