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Income Tax Return: How to File After September 16 and What Are the Consequences

Many taxpayers believe that income tax returns (ITR) can only be filed by the due date. However, this is not entirely correct ...

ITR Refund Still Not Credited Even After Processing? Here's Why It Happens, What You Can Do To Fix It Without Panic

There are several possible reasons for the delay. The most common one is incorrect bank account details or wrong IFSC code ...
Tax Guru

ITAT Chennai Strikes ₹1.86 Cr Loan Addition u/s 68, Sends Cash-Payments & TDS Disputes Back for Real-Check

ITAT Chennai deletes Rs.1.86 Cr unsecured loan addition u/s 68 after verifying director source. Remands Rs.1.01Cr cash payment (40A(3)) and restricts TDS default (40(a)(ia)) ...

Taxpayer wins case in ITAT Mumbai: Rs 1 crore tax demand quashed after TDS mismatch in Form 26AS

A Mumbai taxpayer successfully challenged a Rs 1 crore tax demand at ITAT Mumbai after Form 26AS failed to reflect TDS credit ...
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 ...

Son applies for late father’s bank job on compasionate grounds, gets no response for years, files case, wins Rs 1 lakh, Allahabad High Court order

Son applies for late father’s SBI bank job who died in harness, gets no response for years, files case, gets Rs 1 lakh, ...
NerdWallet

IRS Announces 2026 Income Tax Brackets, Updated Standard Deduction

Here's a rundown of changes to some well-known tax provisions for the 2026 tax year, plus how the “big, beautiful bill” may affect people’s 2026 taxes.