The Tribunal ruled that mere circulation of funds among group entities does not prove round-tripping unless supported by cogent evidence. Suspicion alone cannot justify addition under Section ...
ITAT Hyderabad refused to condone 632-day delay, dismissing appeal as time-barred, but quashed Section 271(1)(c) penalty for lack of recorded satisfaction in assessment ...
The agency still offers a Free File program that works with commercial tax software firms. Some companies also offer free tools for certain filers.