by Jagdeep Garhwal | Aug 13, 2026 | General, Income Tax
The National Company Law Tribunal (NCLT) has rejected a massive tax claim. The Chandigarh Bench refused to condone a delay of 1,305 days. As a result, the Income Tax Department’s ₹975.56 crore claim now stands dismissed. This ruling reinforces a key principle of...
by Jagdeep Garhwal | Jul 31, 2026 | Income Tax
The Central Board of Direct Taxes (CBDT) has rolled out a new tax return form. It is called ITR-BN. This form applies to taxpayers facing block assessment proceedings. These proceedings arise from search and seizure actions. Consequently, taxpayers under...
by Jagdeep Garhwal | Jul 28, 2026 | General
The calendar is turning. July is almost over. And for millions of Indian taxpayers, one date matters most: 31st July 2026. This is the ITR filing deadline for the financial year 2025-26. Yet many taxpayers still haven’t started. So, is it time to worry?...
by Jagdeep Garhwal | Jul 25, 2026 | Income Tax
Losing a parent brings emotional strain, and paperwork often adds to it. Filing their final income tax return is one such task. Fortunately, the process follows clear steps, and a legal heir can complete it smoothly. Who Can File the Return Under Section 159 of the...
by Jagdeep Garhwal | Jul 25, 2026 | Income Tax
Filing taxes gets more transparent this year. The Central Board of Direct Taxes (CBDT) now shows foreign income and asset details in your Annual Information Statement (AIS). This move helps taxpayers see what the department already knows. As a result, filing an...
Recent Comments