Income Tax: What is revised I-T return which you can file till the end of the calendar year?

Revision of income tax (I-T) can be done at any time three months before the end of the assessment year or before the ...
Tax Guru

Return Filing Not Mandatory for Section 10(23BBA) Exemption: ITAT Bangalore

Tribunal held that religious institutions can claim exemption under Section 10(23BBA) even without filing a return, citing CBDT Circular No. 4/2002. Case remanded for factual ...
Tax Guru

Tribunal Condones Absence During Audit Rush, Orders Fresh Assessment

The Tribunal held that dismissing an appeal without granting reasonable opportunity violates natural justice and restored the matter to the AO for fresh ...

Landowner earns Rs 1.82 crore from mango sales, tax dept issues notice and adds Rs 1.2 crore as unexplained cash credit; ITAT Bangalore gives relief

The ITAT Bangalore ruled in favor of Mr. Kanana, a landowner, upholding his affidavits and dismissing a tax notice influenced ...