Most Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need ...
The new year means tax season is upon us. Here's what you need to know about filing taxes in 2026, including deadlines, ...
For returns filed for FY25, the department has time till December 31, 2026 to process returns under Section 143(1) of the ...
India’s income tax system is set to witness one of the biggest reforms in decades. From April 1, the Income Tax Act, 2025 ...
Over 50 lakh income tax returns for AY 2025-26 are still unprocessed, delaying refunds for many taxpayers. Heightened ...
The Madras High Court held that failure to follow the mandatory pre-consultative process before issuing show cause notices vitiates proceedings. Notices were set aside and matters remanded to the ...