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Legal● Neutral for Indian equities
Rs 5.2 crore cash deposit, but Rs 7.65 lakh ITR: Why ITAT quashed tax notice
The brief
- ITAT quashed a tax notice after a ₹5.2 crore cash deposit and ₹7.65 lakh ITR drew scrutiny
- Income tax audit and ITR filing deadlines extended by 21 days
- CBDT extends tax audit and ITR filing deadlines for eligible taxpayers
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- Tax audit deadline for AY 2026-27 is September 30, 2026
- PAN-based TDS reporting eases compliance for NRI property purchases from October 1