Refund Mechanism and Interest on Refunds under New Act
Refund of excess tax paid is not a concession by the tax department. It is a statutory right of the taxpayer. Under the New Income-tax ...
Recovery of Tax Dues and Stay of Demand Provisions
Recovery of tax dues is the final and most coercive stage of income-tax proceedings. Once a demand is raised, the Income-tax Department...
Rectification of Mistakes under Income-tax Act, 2025
Even under a technology-driven tax system, mistakes are inevitable. Recognising this reality, the Income-tax Act, 2025 provides a statu...
Long-term Implications of Income-tax Act, 2025 on Indian Economy
The Income-tax Act, 2025 represents more than a legislative update. It signals a long-term structural shift in India’s approach to taxa...
Taxpayer Rights under Income-tax Act, 2025 Explained
The Income-tax Act empowers tax authorities with wide investigative and assessment powers. At the same time, it equally safeguards the ...
Survey Provisions under the New Income-tax Act
Survey proceedings are a common but often misunderstood tool used by the Income-tax Department. Under the New Income-tax Act, survey pr...
Search and Seizure Provisions under Income-tax Act, 2025
Search and seizure is the most intrusive power available to the Income-tax Department. Under the Income-tax Act, 2025, these provisions...
Powers of the Assessing Officer under the Income-tax Act, 2025: Scope, Limits, and Safeguards
The Assessing Officer (AO) plays a central role in the administration of income-tax law. Under the Income-tax Act, 2025, the powers of ...
Defective Returns and Consequences under the New Law
A return of income may be filed on time, yet still be treated as invalid if it is defective. Under the new income-tax law, defective re...
Revised Return vs Updated Return under Income-tax Act, 2025
The Income-tax Act allows taxpayers to correct mistakes in return filing, but not all correction mechanisms are equal. Under the Income...
Statutory Due Dates for Return Filing under the New Act
Statutory due dates for filing return of income are not procedural conveniences. Under the new Income-tax Act, they function as hard co...
Filing of Return of Income under Income-tax Act, 2025
Filing of Return of Income is the most fundamental obligation under the Income-tax Act. The Income-tax Act, 2025 continues this obligat...