An assessment order against a homemaker has been set aside by the Ahmedabad Bench of the Income Tax Appellate Tribunal, which directed the assessing officer to conduct a fresh trial after providing a fair opportunity of being heard. As per the tribunal, the taxpayer did not receive natural justice as she had not obtained proper […] The post Ahmedabad ITAT Sets Aside Assessment, Directs Re-Trial After Denial of Proper Notice first appeared on SAG Infotech Official Tax Blog.| SAG Infotech Official Tax Blog
The Kerala High Court has made a ruling regarding tax returns. It stated that if someone has voluntarily submitted their tax returns, they cannot go back and change them by adding new evidence later on. This decision is based on a specific rule 29 of the ITAT rules that allows the tax appeal tribunal to […] The post Kerala HC: Additional Evidence Can’t Be Used to Revise Voluntary Tax Returns first appeared on SAG Infotech Official Tax Blog.| SAG Infotech Official Tax Blog
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) reversed an addition of Rs. 9.99 lakh that had been made u/s 69C of the Income Tax Act, 1961. This addition was related to cash payments made for credit card bills, which were initially classified as unexplained by the tax authorities, citing them as derived| SAG Infotech Official Blog
The Income Tax Appellate Tribunal (ITAT) in Chandigarh has recently excused a 38-day delay in filing an appeal, determining that an appellant's explanation of an order being directed to his email's spam folder constituted "sufficient cause" under Section 253(5) of the Income Tax Act, 1961. The case involved Devi Dayal, a resident of Kaithal, Haryana,| SAG Infotech Official Blog
The Bhilwara Tax Bar has filed a case in the Rajasthan High Court, invoking Article 226 of the Constitution. The petition requests an extension to the September 30 deadline for submitting Tax Audit Reports (TAR) for the assessment year 2025-26. This move highlights the association's efforts to seek more time for compliance with tax regulations.| SAG Infotech Official Blog
Companies are required to manage large amounts of employee data, which is a time-consuming and complex process. Here, we discuss how TDS software can help you| SAG Infotech Official Blog
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has issued a directive for the refund of ₹37.88 lakh within one month. This decision arises from a determination that there was an under-allocation of Tax Deducted at Source (TDS) credit related to a property sale, in accordance with section 143(1) of the Income Tax| SAG Infotech Official Blog
The Institute of Chartered Accountants of India (ICAI), emphasising taxpayers' problems in fulfilling income-tax compliance timelines for the AY 2025-26, has written to the Central Board of Direct Taxes (CBDT). ICAI, in its representation, has requested equality in deadlines for the return filing and mentioned the dates under section 44AB, including the auto-renewal of registration| SAG Infotech Official Blog
