CA Circle India

In a significant move welcomed by taxpayers and professionals alike, the Central Board of Direct Taxes (CBDT) has extended the due date for filing Income Tax Returns (ITRs) for the assessment year 2025-26. Returns originally due by July 31, 2025, can now be filed until September 15, 2025. This extension comes in response to the delayed release of ITR utilities, which have not been made available to taxpayers and tax professionals as of mid-June 2025.

The Income Tax Department has extended the due date to file income tax return for FY 2024-25 (AY 2025-26) from July 31, 2025, to September 15, 2025.

As the income tax season kicks in, one question is on everyone's mind — which regime is better: old or new? While people compare...

ITAT Ruling: Educational Institution Entitled to Tax Exemption Under Section 10(23C) Despite Lack of 12A Registration

AO can’t deny sec. 11 exemption just because trust didn’t file original registration certificate Lokmanya Shikshan Prasara K Mandal Vs ITO

The Income Tax Law 2025 introduces several changes, including Section 515(3)(b)(G), which pertains to the disqualification of an "Accountant

The Income Tax Bill 2025 has several aspects to be considered by the Non-Resident Indians as Clauses replace Sections.

SC dismisses ACIT’s appeal against reassessment due to delay & lack of review in approval. ACIT Vs Teleperformance Global Service P Ltd

Sec 68 addition limited to only current year cash credit: ITAT Mumbai

Introduction: Foreign remittances play a crucial role in the global economy, with individuals and businesses frequently transferring...

The Income Tax Department, under its commitment to assist the Election Commission of India in curbing the role of black money in...