Posted inEconomy
Delhi ITAT Ruling Clarifies Stance on Delayed ITR E-Verification and Tax Refunds
Delhi ITAT rules taxpayers can get refunds even with delayed ITR e-verification if the delay is condoned, clarifying a crucial tax compliance issue.
Posted inEconomy
ITAT Clarifies Bad Debt Deductions Amid Ongoing Recovery Proceedings
A Definitive Ruling on Tax DeductibilityThe Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) recently issued a landmark ruling, confirming that businesses may claim a bad debt deduction once…