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Filing Tax Return For Deceased Parent? Here’s How To Claim Your TDS Refund— Step-by-Step Guide

New Delhi: When a person passes away, their income tax responsibilities don’t end with them. A legal heir or representative, often a spouse, child, or close relative can file the income tax return on ...
Tax Guru

Interest on TDS Refund Allowed as AO Cannot Decide Delay Under Section 244A(2): Delhi HC

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) ...
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Finance Ministry Allows Individual Taxpayers To Claim TDS Refunds By Filing I-T Returns After The Due Date Without Penalty

New Delhi:A Parliamentary panel, which examined the new Income Tax Bill, on Monday suggested that the Finance Ministry allows individual taxpayers to claim TDS refunds by filing I-T returns after the ...
Tax Guru

TDS Default Order Time-Barred as Limitation Must Be Computed Quarter-Wise, Not Annually

The Bombay High Court ruled that limitation under Section 201(3) must be calculated based on the financial year in which each quarterly TDS statement is filed. The decision confirms that annual or ...