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Missed the ITR Filing Deadline? Here’s What Happens If You Don’t File Your Return on Time

If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows ...
Tax Guru

Reopening u/s 147 quashed – AO’s “fishing enquiry” to investigate offshore receipts not valid formation of belief- Reassessment void where AO reopens only to verify PE ...

The ITAT Delhi invalidated the reassessment proceedings against Huawei International, a Singapore resident, for AY 2014-15. The Tribunal ruled that the AO's attempt to investigate offshore software ...