The Bengaluru ITAT has ruled that money received from the buyback of vested but unexercised ESOPs cannot be taxed as…
F&O (Futures & Options) income is treated as non-speculative business income and is taxable under the head Profits and Gains…
A Pune homeowner turned a Rs 9.23 lakh capital gains tax liability into a long-term capital loss and tackled a…
A taxpayer may file an updated return of income within 48 months after the end of the relevant assessment year,…
Taxpayers must reconcile AIS and TIS information with bank statements, investment records, and other supporting documents to ensure complete and…
Filing your Income Tax Return (ITR) before the deadline is only half the job—filing it accurately is just as important.…
The nature of each component matters, because a REIT or InVIT payout may include interest, dividend, rental income, or capital…
Working with an experienced tax expert ensures that complex international disclosures are filed accurately, helping you resolve tax notices smoothly.
A taxpayer should switch only after comparing the final tax outcome under both regimes. If the old regime gives a…
Unless the government announces an extension, as it did last year, taxpayers filing their ITR using the aforementioned two forms…
ITR Income Tax Return Deadline Today Highlights: July 31 was the last date to file Income Tax Return (ITR) for…
Joint ownership can produce a legitimate tax advantage where both spouses have independent sources of income; each spouse obtains a…
With just three days left before the July 31 ITR filing deadline, only 4.69 crore income tax returns had been…
The July 31 ITR filing deadline is fast approaching, but millions of taxpayers are yet to file their returns. Stay…
ITR filing AY 2026-27: Own foreign stocks, mutual funds, or a foreign bank account? Check this essential ITR filing checklist…
ITR filing AY 2026-27: Avoid these 5 common mistakes while selecting an ITR form. Choosing the wrong form can delay…
Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha on July 20 that despite a sharp rise in…
While factors like rental income, capital appreciation, risk appetite, and tenure often drive the decision, the tax treatment of all…