The Institute of Chartered Accountants of India (ICAI) today called for "prudent" tax reforms in the union budget 2026-27, ...

Commerce and Management Association in collaboration with IQAC and Institution Innovation Council (IIC) of MPM GFGC Karkala organised six (6) sessions on 'Filing of ITR Form’ for II MCom, III-year and ...

We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their ...

Not all taxpayers benefit from this relief. Several chartered accountants have raised concerns that certain categories, especially those dealing with international or specified domestic transactions, ...

Banks and cooperative banks are required to report to the Income Tax Department if someone deposits ₹10 Lakh or more during a single financial year.

NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of ...

If you miss the December 31, 2025 deadline of linking PAN with Aadhaar, your PAN card will be deactivated from January 1, 2026. Therefore, don’t let a small step mistake up big financial plans and ...

The Punjab and Haryana High Court has directed the Central Board of Direct Taxes (CBDT) to extend the due date for filing Income Tax Returns (ITR) for assessees who are required to submit audit ...

Madras High Court held that Tax Recovery Officer needs to lift attachment of the property based on orders passed by the highest fact finding authority has attained finality and there is no payment ...

The order came while disposing of petitions filed by the Jalandhar Income bar associations and several income tax ...

If you haven't yet filed your Income Tax Return (ITR), there's some relief. The Central Board of Direct Taxes (CBDT) has ...

A taxpayer lost all deductions for AY 2024–25 as late ITR e-verification made her return belated, forcing her into the new tax regime. Timely verification is now ...