As the new assessment year 2025-26 gets underway, people across the country especially salaried taxpayers are preparing to ...

Confused between the old and new tax regimes for FY 2024-25? Understand key differences like tax slabs, deductions and ...

The Income Tax Department usually notifies the ITR forms in a phased manner starting in April. The tax authorities will soon ...

In an important move to stop black money and tax evasion, the Supreme Court has said that all courts and property registration offices must report cash payments above ₹2 lakh to the Income Tax ...

The Court ruled that whenever any suit is filed claiming that a consideration of Rs. 2 Lacs or above is paid towards a ...

In a significant ruling aimed at curbing black money and penalising tax evasion, the Supreme Court (SC) on Thursday directed ...

Seven different ITR forms were notified in April last year, so it is expected that the tax department will soon make ...

Experts say that the judgment means anyone who has accepted such a cash payment will now think twice before filing a case in ...

ITAT Chennai held that since income of the assessee is assessed by applying flat gross profit rate of 2% hence provisions of section 40A (3) cannot be invoked. Accordingly, disallowance u/s. 40A (3) ...

Looking for ways to reduce your income tax legally? Here's a lesser-known yet completely legal tax-saving strategy—paying ...

Officers handling GST registration applications should not ask any presumptive query which is not related to the documents or ...

Non-TAN requirement: Tenants do not need a TAN (Tax Deduction Accountant Number) to file Form 26QC or issue Form 16C.