Income Tax
The government is set to introduce key legislation on income tax and MSME sectors in Parliament, potentially bringing significant reforms to tax administration and …
Income Tax
India has amended its Double Taxation Avoidance Agreement with Sri Lanka to prevent tax evasion and improve compliance. Here's how the changes affect cross-border …
Income Tax
The Income Tax Department has released a comprehensive user guide for reporting foreign assets in 2026, helping taxpayers comply with disclosure requirements for overseas …
Income Tax
Understanding capital gains taxation is crucial for taxpayers who have sold shares, real estate, or cryptocurrency during the financial year. Here's a comprehensive guide …
Income Tax
The Income Tax Appellate Tribunal has granted significant relief to SGS India by ordering a refund of excess Dividend Distribution Tax and capping the …
Income Tax
Section 44ADA offers presumptive taxation for professionals with turnover up to Rs 75 lakh, allowing them to declare 50% of gross receipts as income …
Income Tax
The Income Tax Appellate Tribunal ruled that British Airways cannot claim treaty benefits on ground handling income earned in India, clarifying tax obligations for …
Income Tax
Union Finance Minister Nirmala Sitharaman has unveiled PRARAMBH 2026, a new initiative by the Income Tax Department aimed at transforming taxpayer services and compliance …
Income Tax
Filing your income-tax return is only half the job done. Without e-verification within 30 days, your ITR remains incomplete and won't be processed by …