GST return due date clash with Diwali: BCAS urges extension of GSTR-3B filing dateThe Bombay Chartered Accountant Society has urged the finance minister to extend the GSTR-3B filing deadline. This request stems from the u...
15 Oct, 2025, 01.02 PM IST
GSTAT hearings to start 'very soon': Centre appoints key members, states to follow suitThe government is working to fully activate the Goods and Services Tax Appellate Tribunal. Technical and judicial members have been appoint...
06 Aug, 2025, 03.58 PM IST
One time tax settlement scheme 2025 by Haryana govt: Get up to Rs 1 lakh rebate and full waiver of interest and penaltyHaryana One time tax settlement scheme 2025 (OTS): The Haryana Government has released some FAQs on the tax due settlement scheme under whi...
25 Apr, 2025, 09.59 AM IST
Don’t be surprised if you get lesser income tax refund this year, the income tax dept is adjusting past dues against this year’s refundIncome Tax Notice: "Since there are pending assessment / re-assessment proceeding in the case of taxpayer, the refund release/withhold will...
15 Apr, 2025, 12.04 PM IST
Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portalOrder giving effect: Now a online process has to be used for submitting order giving effect requests. Earlier even if a taxpayer won a case...
12 Feb, 2025, 10.36 AM IST
UK asks govt to recover tax from Indian bizmanThe British tax office has requested India to recover unpaid taxes from an Indian businessman now settled in India, utilizing an uncommon t...
07 Feb, 2025, 09.55 AM IST
Income Tax department reduces time for taxmen to decide on refund adjustmentAccording to the Directorate of Income Tax (Systems) notice, the time limit of 30 days made available to the assessing officers has been re...
04 Dec, 2022, 06.33 PM IST
US Supreme Court refuses to block President Joe Biden's student debt relief programJustice Amy Coney Barrett refused to block President Joe Biden's student debt relief which is estimated to be $1.6 trillion.
05 Nov, 2022, 05.51 PM IST
Vodafone Idea, Airtel have ₹42,000 crore locked in cases against govtThe government is evaluating developing a mechanism similar to 'Vivaad se Vishwas' (VSV) to reduce litigation as part of its relief and ref...
11 Oct, 2021, 10.16 AM IST
Can’t adjust entire refund against outstandings, rules HC in relief for taxpayersThis order comes as a relief, especially for India Inc and high net worth individuals where the amounts at stake are significant. If refund...
05 May, 2021, 10.05 AM IST
'Vivad se Vishwas' scheme: CBDT to review pendency of appealsThe officials said a video conference-based interaction will be undertaken by the CBDT member in-charge with all regional chiefs of the dep...
12 Feb, 2020, 04.35 PM IST
Bombay HC ruling: I-T officers told to pay up for adjusting refund against duesThe HC also instructed the tax department to take disciplinary action against the officers.
11 Oct, 2018, 11.05 PM IST
View: Government needs to toughen law to curb economic offender's ease of fleeing IndiaThe US has introduced a similar snare, but for tax evaders. The new law, FAST, ensures that heavy tax defaulters cannot make a fast exit.
08 Mar, 2018, 11.33 PM IST
Delhi HC comes to rescue of taxpayers denied TDS creditOther key directives issued by the HC include that interest on refund should be paid to taxpayers for delays not attributable to them.
24 Mar, 2013, 07.28 AM IST
- ‘Overdraft facility can’t be attached for tax recovery’
The taxman does not have claim over the bank overdraft facility of a defaulter since the lender does not owe money, but has promised a loan...
26 Jul, 2010, 03.31 AM IST
- Tackle Mounting Tax Arrears
It is welcome that the govt has notified the rules for dispute resolution panel.
24 Nov, 2009, 03.16 AM IST
- I-T investigations and surveillance to be made public
In a first of its kind initiative, income tax investigations, which remained under shroud till now, will be available with toenail details ...
03 Feb, 2009, 06.23 PM IST