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

Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...

These new tax rules will come into effect from April 1 and impact your investments and tax planning. Shweta Singh Updated : ...

Last chance to file updated Income Tax Returns for AY 2022-23 with additional tax penalties, consequences for non-compliance.

The Madras High Court has dismissed two writ petitions filed by Swapna Manuel, who runs a ladies hostel under the name M/s. Olive Castles and is also involved in real estate, challenging an assessment ...

Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

If you have claimed HRA but didn’t deduct TDS on rent and the tax Department may invalidate your claim. The tenants must ...

Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.

By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount ...

The Rajasthan High Court addressed a case where Namrata Jain, an NRI residing in the USA for over 15 years, challenged an income tax reassessment initiated under Section 148A(d) of the Income Tax Act, ...

Over the past few years, we have seen the Indian crypto market evolve quite rapidly. While adoption continues to rise, many ...

India’s economic challenges have troughed and trends in some key metrics indicate that the outlook is improving, a report ...