Govt to notify new ITR forms based on Income Tax Act, 2025 before FY28. Simplification & consolidation of ITR forms in ...

The new income tax returns (ITR) form based on the I-T Act, 2025, will be notified prior to 2027-28 fiscal year, Minister of State for Finance Pankaj Chaudhary said on Monday. The CBDT committee on ...

In a recent development, a taxpayer residing in the UAE with an income of Rs 4 crore from India found themselves in a ...

Under Section 206C (1F), the seller must collect TCS at 1 per cent of the value of any car priced above Rs 10 lakh. So if ...

Find more about the 25% quota IIT Bhubaneswar B.Tech MCM Scholarship and the 10% quota Free Studentship. Parental income of at least ₹4.5 lakhs and good merit are prerequisites for eligibility. Use ...

The Tribunal held that exemption under section 11 cannot be denied solely for delayed uploading of Form 10B, treating the lapse as procedural and directing allowance of ...

ITAT restored Rs. 20 Cr in unsecured loans, interest, and squared-up loans for fresh verification, noting CIT(A) erred by ...

Instead of giving my son a portion of some rental property I own 50/50 with my daughter, I promised to give him $250,000 instead as an inheritance before I die. The reason was simple: my son had no ...

Instead of giving my son a portion of some rental property I own 50/50 with my daughter, I promised to give him $250,000 instead as an inheritance before I die. The reason was simple: my son had no ...

With traditional domestic mutual funds reaching overseas investment caps, this guide explores alternative routes, including ...

What will the extra lucky winner do with their $875 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 million (slightly better than the 1 in 302.6 million odds for winning the ...

A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, ...