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TAX CONDONATION
Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reason- Charitable trusts get relief on 80G registration
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this ground
- Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...24 Jun, 2026, 05.57 PM IST
- Sold Indian property for Rs 2 crore, TDS deducted but no ITR filed: Why Delhi HC denied tax relief to NRIA Canadian citizen of Indian origin lost his plea in the Delhi High Court to condone the delay in filing his income tax return. He failed t...15 Jan, 2026, 11.50 AM IST
- ITR filing after deadline: What is condonation of delay request? How it can save you from penaltiesThe Income Tax Department has enabled condonation of delay applications for Form 10A filings, offering relief to taxpayers who missed deadl...02 Sep, 2025, 03.05 PM IST
- 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
- Can you claim income tax refund for previous years even after revised ITR deadline is over? Difficult but possibleclaim income tax refund: An individual can claim income tax refund while filing their income tax return. However, it may happen that the ta...21 Sep, 2024, 11.08 AM IST
- SC rejects I-T dept's appeal due to delay, emphasises impact on foreign investorsChief Justice DY Chandrachud dismissed a petition from the income tax department due to a 215-day delay in filing a tax appeal against Xero...10 Jul, 2024, 08.43 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
- I-T department allows condonation of delay in filing audit reports by trusts, institutionsIncome tax law mandates that such institutes can claim tax benefits available to them only after furnishing the tax audit report in form 10...04 Nov, 2020, 09.12 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
- HCs get back power to hear late I-T appealsThe 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
- ITAT appeal delays cost I-T dept big bucksThe I-T department has lost the opportunity to recover revenues running into thousands of crores after failing to file its appeals before t...11 Jul, 2009, 01.37 AM IST
- Tax relief to come with a rider for trustsThe Central Board of Direct Taxes (CBDT) on Wednesday issued a notification announcing that religious and charitable trusts and institution...14 Jun, 2007, 03.12 AM IST
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