However, the Centralized Processing Center (CPC), Bangalore, denied the foreign tax credit on the ground that Form No. 67 was not filed within the prescribed due date. The NFAC upheld this decision, ...
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IRS Income Tax Refund Schedule 2025 is here, and taxpayers are eager to know when they will receive their refunds. The IRS ...
Faster tax refunds, tax demand notice deletion, and more can now be expected as I-T dept updates the ITR portal for online ...
The tribunal cited legal precedents, emphasizing that penalties under Section 271B should not be imposed when there is a reasonable cause for non-compliance. It noted that financial records for the ...
Mumbai: Denying bail to income tax inspector Tanaji Adhikari, arrested in 2023 Rs 264 crore money laundering case, a special ...
With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...
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