ITAT Delhi permits set-off of brought forward long-term and current year short-term capital losses against long-term capital gains, overruling CPC and ...
The Tribunal held that Section 87A contains no exclusion for long-term capital gains and allowed the rebate since total income remained below Rs.5 lakhs. The order of the lower authorities was set ...
An income tax notice is an official communication from the tax department highlighting discrepancies, missing information, ...
Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, ...
Nineteen new banks are now authorized to offer Capital Gains Account Scheme Services. This expansion provides more options ...
A senior citizen successfully appealed to the ITAT Bangalore, securing partial relief in a tax dispute over the sale of a ...
Itsunori Onodera, chair of the LDP's Tax System Research Commission, said it was 'natural' to link the income tax threshold ...
T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961 ...
TOKYO -- Japanese Prime Minister Sanae Takaichi will kick off talks this week aiming to lower certain taxes to stimulate investment and consumption while raising others and eliminating breaks to fill ...
Waiting months for your income tax refund? The government may owe you interest. Learn when you qualify for this interest, ...