If there are no new “materials” an Assessing Officer cannot re-open an assessment
Re-opening of an assessment completed under Section 143(3) of the Income Tax Act by the Assessing Officer cannot be allowed unless the “reasons to believe”... Read More
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.
Diving Deeper: The Impact of the New Tax Bill on Dairy and Farming Income 
Bombay High Court Upholds Section 271(1)(c) Penalty for Deliberate Non-Disclosure 
Reporting of Foreign Assets by Indian Taxpayers under Section 139(1) of the Income Tax Act 
Major Changes Expected in Direct Tax Code 2025 and why these matter