Delhi High Court held that reasonable payment for services rendered to persons specified u/s. 13 (3) of the Income Tax Act by the trust is justifiable and such payment wouldn’t fall within the ...

“If you’ve switched jobs during the financial year, failing to address key tax tasks could lead to unwanted surprises when it ...

The new tax regime also offers a higher standard deduction. Last year, it was raised from Rs 50,000 to Rs 75,000 for salaried ...

NMCG, facing tax demands amounting to Rs 243.74 crore, had contested the I-T department’s assessment orders. The relief comes ...

In the case of Arti Dhall vs DCIT, the Income Tax Appellate Tribunal (ITAT) Delhi ruled on an appeal concerning the validity of an assessment order passed under section 143(3) of the Income Tax Act ...

The delay in notifying the ITR forms and releasing their utilities for AY 2025-26, despite no major structural amendments in ...

However, the process is yet to commence, as the Income Tax Department has not officially notified the ITR forms required to ...

The Income Tax Department is expected to soon release the online ITR forms, which will officially open the e-filing process.

As the Income Tax Return (ITR) filing season for Assessment Year (AY) 2025-26 approaches, taxpayers are gearing up to meet ...

When we think about saving tax on a home loan, the immediate picture that comes to our mind is of the old tax regime, which ...

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

Know when ITR filing for AY 2025–26 will begin, key dates like Form 16 issuance, refund timelines, and how to ensure faster ...