Missed the Sept 16 due date? You can still file a belated ITR by Dec 31, 2025, but with penalties, interest, and reduced ...

Gujarat HC order follows similar rulings from the Rajasthan and Karnataka High Courts and was issued in response to petitions ...

Delhi ITAT confirms that a private trust with identifiable beneficiaries is eligible for the capital gains exemption under Section 54F, similar to an ...

Income tax refunds delays are normal, but time depends on the correctness of filing, bank details, and the processing of the ...

Bangalore ITAT set aside PCIT's s.263 order, ruling that difference of opinion on profit estimation rate (6% vs 8%) for a contractor isn't grounds for ...

The government has made the new tax regime the default option for taxpayers filing after the deadline. While it offers lower ...

The Federal Board of Revenue has removed the “estimated fair market value” column from the 2025 income tax return form ...

With over 7.3 crore ITRs filed in 2025, taxpayers who paid excess tax are awaiting refunds, typically processed within 4-5 ...

Taxpayers who missed the deadline get another opportunity to comply by filing a belated return. The Income Tax (I-T) ...

ISLAMABAD: While constituting a high powered committee by PM Shehbaz Sharif, the FBR has removed estimated market value ...

Following directives from the Rajasthan and Karnataka High Courts, the CBDT extended the tax audit report deadline to October ...

Federal Board of Revenue (FBR) on Friday removed the 'estimated market value column' from income tax return form 2025 on the ...