While senior citizens enjoy a higher exemption limit, many are unaware of several tax-saving provisions specifically designed ...

Taxpayers must avoid errors in ITR filing for AY26 to prevent issues. Common mistakes include incorrect details, mismatches, ...

ITRs of persons and entities that have been subject to a survey and those that have been searched after 1 April 2023 will ...

Salaried employees in India will receive their Form 16 documents for the Financial Year 2024-25 by June 15, 2025. This is an ...

An NRI in the US faced a Rs 46 lakh tax demand after selling his Pune property due to buyer's TDS form error. The court rules ...

Delhi High Court rules in favor of Square Vision India Pvt Ltd, condoning a one-day delay in ITR filing for AY 2016-17, citing genuine hardship and setting aside PCIT's ...

Such entities and individuals which are engaged in Virtual Digital Asset (VDA) transactions and have failed to comply with the Income-tax Act, 1961 have been identified for verification, sources said.

The Central Board of Direct Taxes is investigating alleged tax evasion and laundering of unaccounted funds via investment in ...

ITAT Delhi rules in favor of assessee, deleting Section 68 additions for unsecured loans from director and another company, citing sufficient ...

Pilot who died in Ahmedabad plane crash was actor Vikrant Massey’s family friend: 'Pains even more now' COVID-19 Cases In ...

Pilot who died in Ahmedabad plane crash was actor Vikrant Massey’s family friend: 'Pains even more now' COVID-19 Cases In ...

Advance tax is meant to be paid by anyone who is a salaried professional or freelancer or business owner with tax liability ...