A belated return is a late filing of the tax return under section 139(4) of the Income-tax Act. It gives a chance to taxpayers to declare income, allow deductions, and pay taxes even if the due date ...
Consumers are reporting that the GST rate reductions on essential goods aren't being passed on to them. Overcharging violates the Legal Metrology Act, but consumers can file complaints through the NAA ...
On September 17, 2025, the government announced an exemption for certain small businesses and professionals, allowing them full exemption from filing Goods and Services Tax (GST) annual return, which ...
New reduced GST rates came into effect on September 22nd. Along with this, some individuals and businesses have also been given relief from filing GST. In fact, on September 17th, 2025, the government ...
Belated ITR: The due date to file ITR has already lapsed on 16 September and more than 7 crore taxpayers have filed their income tax returns this year. However, during the last leg of the ITR filing ...
The National Board of Revenue (NBR) has issued a special order regarding the submission of income tax returns online. According to this order, from the fiscal year 2025-2026, all individual taxpayers ...
New Delhi: The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) ...
The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on ...
The first option is that you can still file your belated return under section 139(1). This option comes with some penalty and interest you may have to pay, depending on your annual income. A taxpayer ...
Samajwadi Party national president Akhilesh Yadav on Sunday asked the government if it would return the profits it had earned over the years from higher Goods and Services Tax (GST). He raised this ...
The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on ...