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TDS Credit

Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...
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TDS Credit Can’t Be Denied to Employee Due to Kingfisher Airlines’ Failure to Deposit Tax: Delhi High Court

The Delhi High Court has ruled that an assessee cannot be denied credit of...

Widow Entitled to TDS Credit on Deceased Husband’s Income: ITAT

The Income Tax Appellate Tribunal (ITAT) Kolkata Bench has directed that a widow be...

NRI Entitled to Full TDS Credit on Property Sale Despite Buyer’s Lapse; Delhi HC Orders Correction of Records and Refund Computation

The Delhi High Court has held that the Non-Resident Indian (NRI) is entitled to...

Latest articles

Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...

SEBI Probes Rajesh Exports Over Revenue Misrepresentation; Company Denies Allegations

Rajesh Exports Ltd., one of India's best-known gold refining and jewellery manufacturing companies and...

RBI Keeps Repo Rate at 5.25%: Impact on Loans, EMIs and Savings

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at...