AY 2025-26 can be filed till December 31 2025. Tax expert explains ITR-U helps correct errors but cannot reduce tax or claim refunds.
Urban Company Share Price: Shares of newly listed Urban Company slipped 6% to an intraday low of Rs 147.50 on the BSE on Monday after the firm reported a sharp widening of losses in Q2FY26. The ...
The Tribunal rejected the Revenue’s appeal against deletion of a ₹63.84 lakh addition under Section 68, observing that the assessee had already declared the same transactions as sales in audited ...
Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...
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Depositing large cash amount in your bank account? It may trigger a tax notice — Here's how to avoid
Banks and cooperative banks are required to report to the Income Tax Department if someone deposits ₹10 Lakh or more during a single financial year.
Justin Baldoni’s $400 million lawsuit against Blake Lively and Ryan Reynolds has been tossed out, but the actor still faces Lively’s sexual harassment and retaliation claims.
The Kerala High Court has recently upheld the applicability of Tax Deducted at Source (TDS) on interest payments made by primary co-operative societies to their members.Justice Ziyad Rahman A A, ...
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