ITAT Delhi held that deduction under section 54F of the Income Tax Act allowable since the provisions of section 54F allows for construction of the property within a period of three years. Accordingly ...

The Delhi High Court recently rejected Revenue's appeal against deletion of additions made to the income of an assessee-company alleged to have evaded tax, observing that the AO had ...

Chhattisgarh High Court voids Section 263 revision order against Shilphy Steels, ruling it invalid due to lack of reasonable ...

In this episode of Tax Notes Talk, Jonathan Samford and Kevin Klein of the Global Business Alliance discuss the proposed ...

Congress is debating whether to increase the cap on state and local tax (SALT) deductions, which would generally decrease the ...

India taxes crypto gains at 30%, which is just the beginning. Discover how harsh TDS rules and loss restrictions are driving investors offshore.

The Central Board of Direct Taxes (CBDT) has extended the last date to file income tax return from July 31, 2025, to September 15, 2025, for the financial year 2024-25. In the past, CBDT has asked the ...

If you are interested in learning more about section 231.2, you can refer to our previous article on this topic: Tax Lawyer Analysis: CRA's Broad Powers to Compel Third Party Information Under Section ...

Preeti Sharma, Partner, Global Employer Services, Tax & Regulatory Services of BDO India shares her views on tax filing ...

Even when there is a survivorship provision, Indian courts will occasionally consider a joint account to be a part of the ...

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

Microns Limited has announced that its Board of Directors, in a meeting held on May 23, 2025, has recommended a dividend of ₹1.25 per ordinary share for the financial year ended March 31, 2025. Each ...