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Monday, 28 July 2025
ITAT Upholds Demand On Undisclosed Rs 199 Crore
Highlights

ITAT Upholds Demand On Undisclosed Rs 199 Crore

The Congress party has been deaalt a major blow in its long-running tax dispute, as the income tax appellate Tribunal (Itat) Rejected its appearance The party had challenged the income tax department’s move to tax income over Rs 199 Crore, Asserting that the Amount was sourced from Donations and Should Qualify for Examption. However, the […]

ITR filing FY 2024-25: ITR-2 online filing now live on Income Tax portal; check details
Uncategorized

ITR filing FY 2024-25: ITR-2 online filing now live on Income Tax portal; check details

ITR filing: The Income Tax Return (ITR) filing deadline for FY 2024-25, assessment year 2025-26 is September 15, 2025. ITR filing FY 2024-25: The Income Tax Department has opened the online e-filing of ITR-2 on the Income Tax Portal incometax.gov.in/iec/foportal/. The online submission system for Form ITR-2 was opened on July 18, 2025. This development […]

Made a political donation? Income Tax Dept launches Tax Assist to help you respond to an income tax notice
Economy

Made a political donation? Income Tax Dept launches Tax Assist to help you respond to an income tax notice

Many taxpayers who have claimed cuts Section 80GGC In the Income Tax Act, 1961, Income Tax notices have been received. Income tax department Regarding how to respond to such notices, taxpayers receiving notice under Section 158BC of the Income Tax Act, 1961 have enabled a new facility on their portal. What is Section 80GGC? Section […]

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