Tata Sons Chairman N Chandrasekaran anticipates a robust future for India's travel sector. Growing consumption will fuel this expansion. Indian Hotels Company Limited aims for 700 hotels globally by ...

ITR-6 and ITR-7 for Assessment Year (AY) 2025-26 have not yet been made available, leading to speculations that the CBDT may ...

ITAT Delhi held that interest expense relating to prior period expenditure is allowable since from the financial positions and profitability declared in the financial statement, it shows that it has ...

Result: The new regime saves Rs. 9,360, enough for one EMI top-up before the next ITR filing start date. Tax = Rs. 18,500 + ...

Understand why ITR-2 and ITR-3 utilities are delayed for AY 2025-26, impacting taxpayers and professionals, due to policy ...

First-time income tax filers often make easily avoidable mistakes that can lead to refund delays or scrutiny. Common errors ...

If a salaried person chooses the new tax regime for the financial year, they wont be able to claim most deductions. However, ...

Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid interest under Sections 234B/C. For ...

The capital gains rules were amended effective July 23, 2024. The new capital rules have created confusion among those who ...

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Filing an ITR doesn't guarantee closure. Notices may still arrive if the tax department detects inconsistencies, high-risk ...

(That’s up $1,000 from the 2023 tax year's limit since the gift tax is one of many tax amounts adjusted annually for inflation.) For married couples, the combined 2024 limit was $36,000.