To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

Shapley would be the fourth person to hold the job this year; in other news, UK tax advisory firm MHA raised fewer funds than ...

If you believe the outstanding tax demand is incorrect, you should furnish an appropriate response online through the ...

The US needs to be involved in pillar one for there to be more international acceptance of the project, Michael Masciangelo ...

In the case of Optra Health Private Limited vs. ACIT, the Bombay High Court addressed an issue stemming from a mismatch be-tween the name used in the income tax return (ITR) and the company’s updated ...

For this assessment year, if you receive less income tax refund or do not get any refund at all, you should check the status ...

To ensure a smooth and error-free ITR filing process, it's essential to keep all the necessary documents handy beforehand.

AO had raised specific queries on the legal expenses during the assessment proceedings, and that a detailed explanation was furnished in response. ITAT observed that while the AO’s final order did not ...

Gone are the days when unreported cash dealings could escape the eyes of the Income Tax Department. In its latest drive against tax evasion, the department has tightened its grip on high-value cash ...

Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...

After successfully filling out the income-tax return, the next step is to verify it. If a return is filed but not verified ...

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