The Supreme Court to examine whether the Income Tax Department has the authority to condone a delay of nearly 30 months in filing an Income Tax Return (ITR), and whether such delay can deprive a taxpayer of the right to carry forward business losses and claim Tax Deducted at Source (TDS) refunds. The matter arises…
Ask Jurishour AI
Can 30-Month Delay in Filing ITR Can Be Condoned Under Income Tax Act? Supreme Court to Decide
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
Latest articles
Direct Tax
Live Cricket Broadcast Fees Not Royalty; ₹6.26 Crore IPL Player Release Fees Also Get Tax Relief: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi, has held that Rs. 244.78 crore received...
Direct Tax
‘On-Money’ Addition Deleted As Third-Party Excel Sheet Failed To Establish Undisclosed Payment: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai, has deleted an addition of ₹2.5 crore...
Direct Tax
2 Flats Merged Into 1 Home Qualify For Capital Gains Exemption: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai, has upheld capital gains exemptions totalling ₹28.45...
Indirect Taxes
Dealer Incentives Can’t Be Taxed Merely on Ledger Entries: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata, has set aside a...
More like this
Direct Tax
Live Cricket Broadcast Fees Not Royalty; ₹6.26 Crore IPL Player Release Fees Also Get Tax Relief: ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi, has held that Rs. 244.78 crore received...
Direct Tax
‘On-Money’ Addition Deleted As Third-Party Excel Sheet Failed To Establish Undisclosed Payment: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai, has deleted an addition of ₹2.5 crore...
Direct Tax
2 Flats Merged Into 1 Home Qualify For Capital Gains Exemption: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai, has upheld capital gains exemptions totalling ₹28.45...

