In the past few days, many taxpayers have received emails and SMS messages from the Income Tax Department informing them that their income tax refund has been withheld because the claims made for the ...

The Income Tax Department has notified taxpayers via email and SMS that their refunds are being held due to discrepancies in their ITR filings. Many affected individuals are seeking clarity and an ...

The issue was whether interest earned from a co-operative bank qualifies for deduction under Section 80P(2)(d). The Tribunal held that such interest is deductible, as a co-operative bank is itself a ...

The Government of India has made it mandatory to link PAN with Aadhaar by December 31, 2025. Failure to do so will result in ...

The Tribunal held that reassessment initiated after three years was void as approval was taken from an incompetent authority.

Linking PAN with Aadhaar is compulsory for individuals whose PAN was issued using an Aadhaar Enrolment ID before October 1, ...