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If a taxpayer has paid more taxes than their actual tax liability, they can claim the excess amount as a refund.

Indirect Taxes Supreme Court No Service Tax Applicable on User Development Fee collected From Passengers by Delhi, Mumbai and Hyderabad International Airports: Supreme Court Case Title:...

Following the receipt of a demand notice from the Income Tax (I-T) Department, Welspun Corp has pointed out that under section 31(1) of IBC, the Resolution Plan is binding on all creditors, such as all government or statutory authorities ...

New Delhi: The Government of India is diligently working to monitor seismic activities and identify high seismic risk zones in the Himalayan region to mitigate potential impacts, the Lok Sabha was informed today. In a written reply to the Lok Sabha, Union Minister of State for Environment, Forest, and Climate Change, Ashwini Kumar Choubey, highlighted these efforts undertaken by the government

In November 2021, the income tax department has launched the AIS. It may happen that you have forgotten to check it before filing ITR. What are the repercussions of not checking AIS before filing ITR? ET Wealth spoke with income tax experts and here is what they have to say.