Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

Double taxation benefit for tax on foreign earned salary income can be denied in this condition; Know how to prevent it ...

The Budget 2026 Session is set to begin from 28 January in Parliament, and expectations from Union Finance Minister Nirmala ...

Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, 2026 and like every year co.

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant assessment year under Section 139(5) of the Income Tax Act, 1961.

The number of individuals declaring annual income of over ₹1 crore has increased sharply in India, even as the overall base ...

A US citizen of Indian origin, Mr. Patel, faced a tax notice for an unexplained Rs 66 lakh property purchase in India.

CGAS was introduced in 1988 to help taxpayers claim exemptions on long-term capital gains when immediate reinvestment is not ...

The deadline to link Aadhaar with PAN is 31 December 2025. Failure to do so may mead to serious consequences. A penalty of ₹1 ...

The Court held that Section 197 applications cannot be rejected mechanically to “protect revenue.” Mandatory factors under Rule 28AA, including past assessments and liabilities, must be examined ...

FM Nirmala Sitharaman to present her 9th Budget. Focus expected to be on consumption push, income tax relief, MSMEs, defence, ...