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Legal Update
Income Tax Department Enables Auto-Populated AIS Data for FY 2024-25

Income Tax • Apr 16, 2025

From April 10, 2025, AIS data is auto-filled in ITR forms to simplify filing and improve accuracy....

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Legal Update
New Income Tax Circular Allows Single Missed Advance Tax Installment Correction

Income Tax • Apr 16, 2025

From April 12, 2025, CBDT allows correction of one missed advance tax installment under Circular No. 07/2025....

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Legal Update
Advance Tax Second Installment Due by 15th June 2025

Income Tax • Apr 13, 2025

Second advance tax installment is due by 15th June. Plan now to avoid interest penalties....

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Legal Update
ITD Launches Automated Scrutiny Notices for FY 2023-24

Income Tax • Apr 13, 2025

New automated notices under scrutiny are being sent for mismatches in ITR and AIS/TIS. Know how to respond....

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Legal Update
CBDT Notifies New ITR Forms for AY 2025–26

Income Tax • Apr 13, 2025

Changes made in ITR-2 and ITR-3; updated fields for capital gains, crypto, and foreign assets. Legal Update:...

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Legal Update
ITAT: Interest on Income Tax Refund is Taxable Under ‘Income from Other Sources’

Income Tax • Apr 13, 2025

ITAT rules that interest on income tax refund must be declared and taxed in the return....

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