India’s upcoming tax law changes could redefine resident status for high-income diaspora. Learn how this reform increases global income tax risks and affects treaty benefits for overseas ...
Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to ...
Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...
T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961 ...
Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From understanding why, you received a notice to responding correctly within ...
Let's first know what is income tax refund? The term "income tax refund" refers to a refund amount started by the income tax department when the amount paid in taxes exceeds the actual amount payable.
Homebuyers wins: The income tax dept imposed Rs 1.42 crore short term capital gains (STCG) on house that was sold in FY 2009-10. This flat was alloted on October 7, 2005 and was registered in FY ...
Itsunori Onodera, chair of the LDP's Tax System Research Commission, said it was 'natural' to link the income tax threshold ...
I am a senior citizen living on pension and on some investments. In 2017, I was misled into joining a ULIP on the promise of much higher return than a fixed deposit, by a bank staff of a leading ...
The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under ...
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