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​​TDS Threshold Increased From April 2025: Check New Limits

The Budget 2025 proposed to hike the threshold limit of Tax Deducted at Source...

PRIVACY UNDER THREAT | Income Tax Dept. May Access Digital Accounts

Reportedly, a groundbreaking amendment to India’s Income Tax laws is set to take effect...

Income Tax Dept. Starts Investigation Against Unlisted Share Deals and Tax Evasion In OFS Transactions

The Income Tax (I-T) Department has launched a large-scale investigation into potential tax evasion...

You Still Pay Income Tax On Income Arising From Transfers Made To Daughter-in-Law

In a recent clarification, the Income Tax Department has reiterated that income derived from...

Detailed Analysis of the Income Tax Act: Key Sections for Taxpayers and Businesses

The Income Tax Act of 1961 is the cornerstone of India's tax system. It...

15th March is Approaching: Everything You Need to Know About Advance Tax Payment

As the financial year 2024-25 nears its end, taxpayers must ensure they meet their...

Many Taxpayers Receive Emails on Outstanding Income Tax Dues: Here’s What You Can Do

Several taxpayers across India have reported receiving official emails from the Income Tax Department...

Income-Tax Dept. Issues Notices Over Mismatch in High-Value Expenses and Bank Withdrawals

The Income-Tax (I-T) department has recently intensified scrutiny on high-income individuals whose bank withdrawals...

Section 87A Rebate Confusion: Taxpayers With Capital Gains Might Get Notice

A major controversy has erupted over the applicability of the Section 87A rebate in...

Know All Changes In TDS Provisions Effective from 1st April 2025

The Income Tax Department has announced significant changes in the Tax Deducted at Source...

These Documents You Need to File Your Income Tax Return

The deadline for filing updated Income Tax Returns (ITR-U) is fast approaching. Taxpayers should...

New Tax Provisions Create Confusion: Are Section 40(b) Thresholds and Section 194T Applicable from April 1, 2025?

Amid growing confusion among taxpayers and professionals, the applicability of two key provisions introduced...

Latest articles

CESTAT Quashes Excise Duty Demand on Poultry Cage Weld Mesh

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Commission Retained on Air Tickets Bought Through GSA/IATA Agents Not Taxable as Business Auxiliary Service

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

CENVAT Credit Can’t Be Denied on Duty-Paid Inputs from Area-Based Exempt Units: CESTAT

The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Ignoring Taxpayer’s Reply While Rejecting GST Refund Is Illegal: Bombay High Court

The Bombay High Court has set aside an ex-parte order rejecting a GST refund...