Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and lost tax benefits, missing the ITR deadline makes compliance more ...

The Tribunal ruled that suspicion based on penny stock lists is insufficient to sustain additions. Revenue must prove real purchase and sale transactions through demat and banking ...

Police in Laguna have arrested the primary suspect linked to the brutal murder of an 8-year-old Grade 3 student. The gruesome ...

Since the statutory notice under section 143(2) was issued by a non-jurisdictional officer, the assessment collapsed. The ruling affirms that valid notice by the competent authority is a sine qua ...