Income Tax News, Judgments, Act, Analysis, Tax Planning, Advisory, E filing of returns, CA Students

ITRToday helps you stay updated with latest Direct income tax consultants, tax refund & provides guidance to Students of CA, CS, CMA, Advocate, MBA etc.

ITA no. 1121 / PN / 2011

No penalty under section 271(1) (c) in case of concealment of income due to “bonafide mistake” by an assessee

Penalty Not To Be Levied U/s. 271(1) (c) If “Bonafide Mistake” Made By Assessee 2 min read

Income Tax

Penalty Not To Be Levied U/s. 271(1) (c) If “Bonafide Mistake” Made By Assessee

soutrikjoy 6 years ago

Penalty u/s 271(1)(c) cannot be levied where there is a bonafide mistake made by the assessee without any intention to evade tax. This was declared... Read More

CBDT Announced Amendments In Faceless Penalty Scheme, Authorizing Personal Hearing 2 min read

Income Tax

CBDT Announced Amendments In Faceless Penalty Scheme, Authorizing Personal Hearing

Maryam 1 month ago

Are you an NRI and have received a notice from the income tax department? Check out how to handle them! 4 min read

Income Tax

Are you an NRI and have received a notice from the income tax department? Check out how to handle them!

Surbhi Baloni 1 month ago

What to do if Refund of Income Tax Delayed

It’s been a few months since you filed your Income-tax return and you are still waiting for your refunds? Take a look at the below-mentioned article to know it all! 4 min read

Income Tax

It’s been a few months since you filed your Income-tax return and you are still waiting for your refunds? Take a look at the below-mentioned article to know it all!

Surbhi Baloni 3 months ago

Cloud Computing and its uses

The significance of cloud computing in the world of law 3 min read

News

The significance of cloud computing in the world of law

Rajbir Chawla 4 months ago