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 ...
The Central Board of Direct Taxes (CBDT) has issued new rules to streamline the correction of income tax refund errors. The ...
The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under ...
Itsunori Onodera, chair of the LDP's Tax System Research Commission, said it was 'natural' to link the income tax threshold ...
As established in Maxopp Investment Ltd. v. CIT (2018) 402 ITR 640 (SC), the AO must provide reasons before invoking Rule 8D ...
Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department. The ITAT Mumbai ruled in her favor, ...