In its post-Budget memorandum on the Finance Bill 2026, the Bombay Chartered Accountants’ Society (BCAS) has urged the ...

Misclassification, delayed deposits, or reporting errors in TDS can trigger interest, penalties, and disallowance of expenses under the Income-tax ...

The Delhi High Court held that the Assessing Officer cannot deny refund interest by attributing delay to the assessee. The decision clarified that only higher authorities specified in Section 244A(2) ...