The government has raised the tax-effect limits for filing income-tax appeals, leading to thousands of appeals being withdrawn or not…
The Bengaluru ITAT has ruled that money received from the buyback of vested but unexercised ESOPs cannot be taxed as…
A taxpayer may file an updated return of income within 48 months after the end of the relevant assessment year,…
ITR Income Tax Return Deadline Today Highlights: July 31 was the last date to file Income Tax Return (ITR) for…
The July 31 ITR filing deadline is fast approaching, but millions of taxpayers are yet to file their returns. Stay…
A defective return notice doesn’t necessarily mean you’ve evaded taxes; it simply indicates that your return contains missing information, inconsistencies,…
The tax notice centered around three main reporting requirements triggered by Rajesh’s overseas move to Germany.
As remote and hybrid work arrangements become increasingly common, many employers may provide financial support to employees through Work from…
If the notice is real, read it carefully and respond within the deadline using the official channel. If you suspect…
Given the high scale of concurrent access in the peak filing period, some taxpayers may, at times, experience transient technical…
Can foreign salary become taxable in India just because it is credited to an NRE account or TDS is deducted…
The Rs 10 lakh figure under Rule 114E is only the threshold at which a bank must formally report the…
The automated tracking systems flagged this as a critical cross-border omission under the Black Money Act, which mandates that all…
Can Income Tax calculate capital gains on a higher value than the price at which you sold your house? In…
Based on the given case law and the relevant assessment year, before issuing a reassessment notice under section 148, the…
The rapid growth of digital options for filing ITR is an incredible milestone. For years, this industry ignored tax filing…
A secondary address may include any additional valid physical address associated with a taxpayer apart from the primary address disclosed…
Can the Income Tax Department make a tax addition merely because a loose sheet found during a search on someone…