CBDT Notifies New Rules Allowing CPC To Fix Refund And Tax Demand Mistakes: What It Means

CBDT empowers Commissioner of Income Tax CPC Bengaluru to swiftly correct tax order errors and issue new demand or refund ...

Now get faster tax refunds and easier ITR corrections: New CBDT rules explained

Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...

Aishwarya Rai Bachchan was sent a tax notice related to disallowance of income: Here is how she won the Rs 4 crore case in ITAT Mumbai

Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department. The ITAT Mumbai ruled in her favor, ...

Aishwarya Rai Bachchan WINS Rs 4 crore dispute over tax-free income expenses: Reports

Actress Aishwarya Rai Bachchan secured a significant win in her tax case. The Income Tax Appellate Tribunal in Mumbai ruled ...
Tax Guru

Section 153C Block Period to Be Counted from Date of Receipt of Seized Material, Not Search Date

ITAT Delhi held that ten-year block under Section 153C must be computed from date AO of non-searched person receives seized material, not search ...

Tax dept used AI to issue income tax notice; Bombay High Court quashes notice, calls process unfair to taxpayer

Bombay High Court rules against AI-based tax scrutiny, cancels Rs 22-crore notice issued by Income Tax Department ...

Now fix ITR errors faster — here’s how CBDT’s latest move speeds up your tax refund

Taxpayers struggling with refund delays or errors in their income tax returns may soon find the process far less cumbersome.
Moneylife

Aishwarya Rai Bachchan Wins ITAT Relief in Rs4.11 Crore Dispute over Exempt Income Disallowance

The Mumbai bench of the income tax appellate tribunal (ITAT) has ruled in favour of actor Aishwarya Rai Bachchan, deleting a ...
Tax Guru

ITAT Delhi Rules Entertainment Tax Subsidy as Capital Receipt in PVR Ltd. Case

ITAT Delhi upholds capital receipt status of E-tax subsidies and deletes disallowances on leasehold expenses, Section 14A, bank charges, and MAT additions for PVR ...

Aishwarya Rai Bachchan wins tax dispute as ITAT Mumbai rules against Rs 4 crore disallowance

Aishwarya Rai Bachchan secures a favourable ruling in a high-profile income tax case, as ITAT Mumbai overturns a Rs 4 crore tax disallowance relating to exempt income claims and clarifies procedural ...

Aishwarya Rai Bachchan wins Rs 4 crore income tax battle in ITAT Mumbai; Know how disallowance of income works

Aishwarya Rai Bachchan has won a significant income tax battle in ITAT Mumbai. The tax department had sought to disallow Rs 4 ...
The Manila Times on MSN

House bill seeks tax-free overtime, hazard pays

A BILL filed at the House of Representatives is seeking to exclude overtime pay, night shift differential, and hazard pay from the computation of gross income for taxation.