Announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025, new changes are designed to simplify the tax ...

An egg seller from MP was left stunned after receiving a ₹50 crore tax notice for transactions he never made. Investigations ...

With the updated ITR deadline nearing, a meticulous review of your income, tax liability, and payment is paramount.

What You Need to Know A significant change has been introduced in the income tax regulations. This amendment pertains to ...

1. The applicability of the Rebate under section 87A on Short-Term Capital Gain under the New Regime is a highly debatable ...

The law requires tenants to deduct TDS at 2% on rent above Rs 50,000 per month, in case the landlord is a resident Indian.

Non-Adjudication on Section 87A Rebate for STCG: The court refrained from making a conclusive ruling on whether the rebate ...

The Income Tax Department has recently introduced an enhanced version of the Excel-based utility for Filing ITR-2, designed ...

The Updated Income Tax Return-Update (ITR-U) gives taxpayers the opportunity to voluntarily disclose undisclosed income or ...

If you file Income Tax Return (ITR) every year, then you will need to be more cautious than before while filing it next time.

Juice vendor gets ₹7.8 cr. tax notice ! Nobody is immune to potential harassments from Income Tax Dept. Irrespective of ...

Tax authorities will be able to make a forced entry into your premises upon detecting suspicious activitiy under applicable ...