Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...

Both wilful tax evader and salaried employee, students who inadvertently ignored the law are subject to the same Rs 10 lakh penalty under Black Money Act; Its time to correct this anomaly ...

The state began mailing checks in October and over 6 million have been mailed as of Friday, Nov. 7. What to know if you're ...

The state began mailing checks in October and over 6 million have been mailed as of Friday, Nov. 7. What to know if you're ...

A resident donating to a foreign charity like the German Red Cross must check tax implications in India—especially TDS, DTAA ...

Ultimately, getting married - preferably after your children are out of college - makes financial sense as long as you make sure your legal and financial contract is as rock-solid as your (current) ...

Checking in with an old friend, a woman I’d known in high school and college, the damndest thing happened: We fell in love.

Disallowance under section 40(a)(ia) and liability under section 201 operated independently, and assessee could not escape TDS liability merely by making a partial disallowance in its ...

ITAT Delhi held that reopening of assessment under section 148 of the Income Tax Act on the basis of stale information results into change of opinion and the same is not sustainable in law.