If the return was filed within the due date (16th September for FY 2024–25), the interest on the refund will be calculated ...
As per Section 397(3)(f) of the Income Tax Act, 2025, deductors and collectors are allowed a period of two years from the end ...
The ITAT ruled that filing a revised return does not restrict interest entitlement on the amount claimed in the original, timely filed return, citing the Gujarat High Court. Interest must run from ...
New Delhi: When a person passes away, their income tax responsibilities don’t end with them. A legal heir or representative, often a spouse, child, or close relative can file the income tax return on ...