The brother's success in the case stemmed from providing comprehensive documentary proof. (AI image) Gifts received from relatives and friends can sometimes land you in the income tax net. One…
NEW DELHI: The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for furnishing the audit reports under the Income-tax Act, 1961, for the Financial Year 2024-25 (Assessment…
NEW DELHI: With the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 extended from July 31 to September 15, 2025, a key question has surfaced: will this extension…
New Income Tax Bill 2025 FAQs Answered New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 in Lok Sabha earlier this week. The…
KPMG in India did a survey in January 2025 to gather industry perspectives on the Income Tax Act review. (AI image) New Income Tax Bill: The government announced in July…
The Central Board of Direct Taxes (CBDT) on Saturday announced an extension for the due date to file Income Tax Returns (ITR) for the assessment year 2024-25, in an official…
NEW DELHI: The govt-appointed committee to rework the Income Tax Act has sought public inputs and suggestions in four categories for simplification of language, steps to reduce litigation, ease compliance…
The concept of TDS was introduced with an aim to collect tax from the very source of income. (AI image) New TDS rates from October 1, 2024: The Finance Bill…
MUMBAI: The Budget has tightened the provisions relating to clearance certificates that are required when departing from India. From October 1, a clearance certificate giving a clean chit under the…
By Parizad SirwallaWith the robust growth in the Indian real estate market there is enhanced interest to own a residential property and benefit from increasing property prices or to simply…