News

HMRC’s new tax adviser legislation puts ‘undue burden’ on professionals

From next April, tax advisers will be required to register with HMRC and meet certain minimum standards, as a top legal body ...

Karnataka HC orders tax department to pay Flipkart Rs 16 crore in cash, here’s why

The Karnataka High Court has directed the commercial taxes department to refund ₹16.1 crore to Flipkart, representing a ...

Income tax return due date: A last-minute guide to help you file ITR on time | Everything you need to know

As the ITR deadline approaches, taxpayers must prepare documents and choose the correct ITR form. The deadline to file ITR is ...

Sterling Tools Receives Demand Notice for ₹78.71 Lakhs from GST Office

The Demand-cum-Show Cause Notice was issued by the Office of the Assistant Commissioner of Commercial Taxes, Local Goods & ...
Business Standard

Motor vehicle tax not applicable if vehicle not used in 'public place': SC

Motor vehicle tax is compensatory in nature and if a vehicle is not used or not kept for use in a 'public place', then its owner should not be burdened with motor vehicle tax for such period, the ...

From tax breaks to exit strategies: A wealth management professional's guide to factoring the One Big Beautiful Bill Act into your financial planning

The One Big Beautiful Bill Act made many business-friendly tax provisions permanent and included a number of other changes that will likely impact owners and investors. In a recent interview, Tara ...
indiafilings.com

How to File a Tax Return with Form 16?

Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...