This means if you chose the new tax regime last year, you can switch to the old one this year. However, you must decide before the ITR filing deadline (July 31, 2025). According to the Income Tax ...

A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

Mumbai arises from a reassessment order passed by the Joint Commissioner of Income Tax (CIT) for the assessment year (A.Y.) 2010-11. The primary issues contested in the appeal include the validity of ...

declaring the said premises to be a specified premises ️ A premises for which a person applying for registration has filed a declaration within 15 days of obtaining acknowledgement for the ...

The option of choosing any tax regime while filing ITR is available if tax return is filed before expiry of ITR filing deadline. FAQs: What is the amount of standard deduction available under the new ...