Thinking of withdrawing large amount of cash? Here's when taxes can kick in

If you're planning large cash withdrawals, be mindful of the TDS rules under Section 194N - your bank could deduct tax once ...

Many property sellers have to pay 3.5 times more TDS and TCS due to issues with Income Tax TDS, TCS rules; Five such I-T rules need overhaul

In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.
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ITR Refund Delayed Even After ‘Processed’ Status? Here’s What You Should Do to Get Your Money Sooner

Processed But Not Credited – Step-by-Step Solution for Taxpayers The last date to file Income Tax Returns (ITR) for ...
Newspoint on MSN

ITR Refund Delay 2025: Filed Your Return but Haven’t Received Refund Yet? Here’s What You Should Do

If your Income Tax Return (ITR) status shows as “Processed” but the refund has still not been credited to your account, ...

Savings accounts no longer safe: CA says I-T dept tracks cash deposits over ₹10 lakh, withdrawals above ₹1 crore

She explained that cash deposits over ₹10 lakh in a financial year are reported to the Income Tax Department under the ...
Tax Guru

Reassessment order was quashed in absence of a valid section 143(2) notice

Reassessment order passed under Section 147/143(3) was quashed on the ground that no notice under Section 143(2) was issued after the assessee filed the return in response to notice under Section 148, ...
Tax Guru

Income Tax reassessment order was quashed for delay in issuing sec.143(2) notice

Issuance of a valid notice under section 143(2) was mandatory and non-issuance or belated issuance vitiated the assessment. Accordingly, Tribunal quashed the reassessment order passed under section ...