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 ...

Now we are just over halfway through the year, it's that time again for filing half-year corporate income tax returns. This must be done by the end of August and applies to companies whose accounting ...

The deadline for filing 2013 personal income tax returns is fast approaching. Under the "self-assessment system", individuals are required to file their tax returns by March 31. Taxpayers with earned ...

Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to ...