Buyers of property from Non-Residents must deduct TDS under Section 195, with rates up to 30% for STCG and 20% for LTCG, emphasizing the importance of compliance to avoid ...
Amend Section 486 to read: “Irrespective of anything contained in this Chapter, no person shall be prosecuted for any offence ...
Understand Income Tax in India for FY 2025-26, including the latest tax rules, new & old tax slab rates, deductions, exemptions, special tax rates, and the complete ITR filing process under the ...
Recent changes to India's Income Tax regulations introduce strict penalties for unexplained cash and large cash transactions, ...
Deloitte India proposes a real-time refund tracker on the e filing portal with live statuses, alerts and a Raise Concern ...
India income-tax rules on cash transactions explained by CA Shefali Mundra of ClearTax, detailing penalties, 84% tax, and ...
Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...
In a recent development, a taxpayer residing in the UAE with an income of Rs 4 crore from India found themselves in a ...
Indian tax laws treat marriage and divorce as key events affecting income, including gifts, clubbing of income, and alimony, ...
The Income Tax Department is taking action against taxpayers who filed returns with fake deductions. Investigations revealed ...
The Income Tax Department has issued a fresh public advisory cautioning taxpayers--especially senior citizens--against a ...