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Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
ITR assessment rules change from April 2026: Four key amendments explainedFour key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, intr...
Budget 2026 has introduced certain retrospective amendments to nullify the impact of certain favourable rulings for taxpayers; Know moreThe Finance Bill 2026 introduces retrospective amendments to the Income-tax Act, 1961, addressing key court rulings. These changes clarify ...
ITR scrutiny notice: Income Tax Department looks at these parameters while selecting ITRs for scrutinyThe Income Tax Department provides guidelines for Income Tax Return (ITR) scrutiny. These guidelines ensure transparency in sending income ...
Mandatory scrutiny of ITR: Income tax dept reveals the criteria how the ITRs will be selected for the scrutinyIncome tax return: The tax department has released a circular which outlines the criterias and procedure to be followed if a particular inc...
Income Tax department to conduct scrutiny where assessees failed to respond to taxmen's noticesThe Income Tax department has introduced guidelines that require scrutinizing cases in which taxpayers have disregarded I-T notices. Furthe...
I-T dept issues guidelines for selection of tax returns for complete scrutinyUnder complete scrutiny, a detailed scrutiny of the return of income is carried out by tax officers to confirm the genuineness of various c...
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