India sees surge in revised income tax returns

India's central board of direct taxes has reported a significant rise in the filing of revised and updated income tax returns ...
Newspoint on MSN

Tax: 73 lakh taxpayers are waiting for refunds; the government has issued a NUDGE alert.

For millions of taxpayers, the wait for income tax refunds has been longer than usual this year. With only six days left ...

Where a tax NUDGE becomes an unintended and intrusive push

India’s trust-based tax compliance push risks backfiring as automated NUDGE alerts rely too heavily on third-party data, ...
Tax Guru

Bogus Purchase Addition Fails Without Incriminating Material Under Section 153A

The issue was whether additions could survive when no incriminating material was found during search proceedings. The court upheld the Tribunal’s view that Section 153A jurisdiction was invalid, ...

Income Tax Refund Status Live Updates: I-T Dept Puts Refunds on Hold After Flagging ITR Mismatches, Taxpayers Seek Clarity

Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...