Read more at:https://economictimes.indiatimes.com/wealth/tax/income-tax-itr-filing-deadline-of-july-31-2026-fy-25-26-penalty-for-missing-due-date-explained-under-2025-act/articleshow/132739647.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The July 31, 2026, deadline for filing income tax returns is crucial for salaried individuals, pensioners, students and other taxpayers who are
*****Not prepared for ITR filing: Should you file your ITR now with available information or wait and file a belated ITR?
Read more at:https://economictimes.indiatimes.com/wealth/tax/not-prepared-for-itr-filing-should-you-file-your-itr-now-with-available-information-or-wait-and-file-a-belated-itr/articleshow/132757221.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst July 31, 2026 is the due date to file income tax return (ITR) by salaried individuals, pensioners, students and other taxpayers who are not
What if you miss the July 31, 2026 ITR filing due date? Here are your options
Read more at:https://economictimes.indiatimes.com/wealth/tax/what-if-you-miss-the-july-31-2026-itr-filing-due-date-here-are-your-options/articleshow/132757497.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst July 31, 2026 is the due date to file income tax return (ITR) by salaried, pensioners, students and other taxpayers who are
Don’t worry if you miss July 31, 2026 ITR filing due date as belated ITR with late fee can be filed by this date; Know who can file it
Read more at:https://economictimes.indiatimes.com/wealth/tax/itr-income-tax-return-filing-deadline-july-31-2026-for-fy-2526-belated-updated-revised-options-if-you-miss-due-date/articleshow/132757993.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis ITR filing deadline: Missing the July 31 income tax filing deadline allows for belated returns. Taxpayers can file a belated return
Reporting perquisite as capital gain in ITR by mistake resulted in Rs 6.63 crore penalty for a salaried employee; ITAT Mumbai granted him relief for this reason
Read more at:https://economictimes.indiatimes.com/wealth/tax/reporting-perquisite-as-capital-gain-in-itr-by-mistake-resulted-in-rs-6-63-crore-penalty-for-a-salaried-employee-itat-mumbai-granted-him-relief-for-this-reason/articleshow/132761546.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Krishnan from Dr. Annie Besant Road, in Worli, Mumbai used to work for a major USA-based company. During AY 2020-21, Krishnan
*******No input tax credit for the innocent buyer after paying GST? Supreme Court settles who bears the cost when a supplier defaults
Read more at:https://economictimes.indiatimes.com/wealth/tax/no-input-tax-credit-for-the-innocent-buyer-after-paying-gst-supreme-court-settles-who-bears-the-cost-when-a-supplier-defaults/articleshow/132762247.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst On 24 July 2026, the Supreme Court brought a long-running constitutional battle close to an end. Dismissing a batch of special leave
*******ITR -Very much useful article–ET
https://economictimes.indiatimes.com/prime/one-day-left-to-file-itr-do-not-click-submit-before-checking-these-points/primearticleshow/132724542.cms Nobody experiences life as a financial year. A job changes because a better one is available. A fixed deposit renews because the bank was
Scrutiny selection reasons need not be disclosed where a specific information notice is issued during assessment proceedings. [HC]–Courtesy Tax TMI
A scrutiny notice under section 143(2) merely informs the assessee that the case has been selected for scrutiny and need not disclose the selection reasons
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TDS vs TCS: Two tax credits every taxpayer should understand
https://www.businesstoday.in/personal-finance/tax/story/tds-vs-tcs-two-tax-credits-every-taxpayer-should-understand-546085-2026-07-30 What is TDS? TDS is deducted by the person making a payment before the money is paid to the recipient. The deductor deposits the
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Advance Tax simplified for all taxpayers: Who needs to pay it and when
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