Taxpayers have a crucial opportunity to reduce their tax burden by filing their updated Income Tax Return (ITR-U) before ...

The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...

Non-Adjudication on Section 87A Rebate for STCG: The court refrained from making a conclusive ruling on whether the rebate under Section 87A applies to Short-Term Capital Gains (STCG). However, It ...

The Income Tax Department has issued an important advisory for taxpayers to file their Updated Income Tax Return (ITR-U) ...

Technology has entered the life of millions of taxpayers in countries where tax compliance is often perceived as arduous and ...

1. The applicability of the Rebate under section 87A on Short-Term Capital Gain under the New Regime is a highly debatable issue for FY 2023-24 and 2024-25. While the Budget 2025 clarified that ...

The Jammu and Kashmir High Court has highlighted the high-handedness of the Executive Engineer in colluding with the ...

Looking at transfer pricing simplification is “obviously helpful”, but it should be done in line with current standards, a ...

In a boost to India's precision firepower, the Defence Research & Development Organisation (DRDO) and the Indian Navy ...

IRS Direct File, offering free tax filing, returns with expanded features and eligibility, now reaching 25 states and 32 million Americans.

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Indian Villages Go Digital: Union Minister of State for Panchayati Raj, SP Singh Baghel informed the Rajya Sabha on Wednesday ...