As Gujarat High Court orders to extend ITR filing due date for audit cases, here are the key takeaways from case

The Gujarat High Court has directed the Central Board of Direct Taxes to extend the Income Tax return filing deadline for ...
Tax Guru

Reassessment notice u/s. 148 quashed as being barred by limitation

ITAT Kolkata held that issuance of reassessment notice under section 148 of the Income Tax Act expiry of specified period of limitation is time barred and hence invalid and bad-in-law. Accordingly, ...
Tax Guru

ITAT Quashes Reassessment: Revenue’s Appeal Fails Because 148 Notice Invalidity was Unchallenged

The ITAT instantly dismissed the Revenues appeal because it only challenged the merits of additions, not the CIT(A)s core finding that the reassessment notice was time-barred. When the foundation of ...

Father and son jointly sell ancestral land for Rs 13 crore; father gets tax notice; they file appeal in ITAT Pune and win case

A father and son sold ancestral land for Rs 13 crore, but the buyer's TDS error led to a tax notice for the father. The ITAT ...
Goldseiten

Gold Surges Past $3,800 as Institutions Eye Junior Mining Opportunity

Gold prices broke past $3,800 an oz for the first time Monday, hitting a record high as expectations of further U.S. rate cuts and concerns about a potential government shutdown fueled safe-haven ...
Mint

ITR due date extension: Netizens vexed over one-day relief — ‘servers dead’, ‘what's the purpose if…’

Many taxpayers took to social media to vent their frustration as they faced repeated issues while filing their income tax returns (ITRs) for Assessment Year 2025-26. Netizens complained that the ITR ...
The Hindu

ITR filing deadline extended by a day to September 16

The Government on Monday (September 15, 2025) extended the due date for filing income tax returns (ITRs) for Assessment Year 2025-26 by a day to September 16 as technical glitches disrupted filings on ...
Indiatimes

Slower tax refunds after ITR filing? Income Tax Department detects false exemption claims of Rs 700 crore; majority under old regime

The Income-Tax Department is cracking down on fraudulent tax exemption claims, estimated at ₹700 crore, leading to potential refund delays, especially for claims over Rs 10 lakh. Discrepancies include ...
Mint

ITR e-filing portal faces fresh glitches: Will there be another deadline extension? Netizens say 'website still stuck'

Today, September 16, is the last day for non-audit cases to file income tax returns (ITR) for income earned in the financial year 2024-25. However, many taxpayers have complained about their struggle ...
ESPN

Everton, Leeds settle dispute over PSR breach in 2021-22 - reports

Everton and Leeds United have settled a dispute related to the Merseyside club's breach of Premier League profitability and sustainability rules (PSR) for the 2021-22 season, the PA news agency ...
Business Today

Post-ITR filing guide: What taxpayers should do after September 16 deadline

ITR filing 2025: The deadline for filing Income Tax Returns (ITR) for Assessment Year 2025-26 concluded on 16 September 2025, following a one-day extension by the Central Board of Direct Taxes (CBDT) ...