News

Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they ...
Australia’s conservative opposition will repeal controversial tax agent reporting rules if elected in the country’s May general election ...
To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...
Shapley would be the fourth person to hold the job this year; in other news, UK tax advisory firm MHA raised fewer funds than ...
If you believe the outstanding tax demand is incorrect, you should furnish an appropriate response online through the ...
To ensure a smooth and error-free ITR filing process, it's essential to keep all the necessary documents handy beforehand.
AO had raised specific queries on the legal expenses during the assessment proceedings, and that a detailed explanation was furnished in response. ITAT observed that while the AO’s final order did not ...
Under the old tax regime, taxpayers can claim various deductions and exemptions, while the new tax regime does not offer much ...
After successfully filling out the income-tax return, the next step is to verify it. If a return is filed but not verified ...
Delhi, dismissed two appeals filed by Ankush Garg against orders passed by the Commissioner of Income Tax (CIT), Rohtak, for the assessment years 2010-11 and 2011-12. The central issue in both appeals ...
Confused between the old and new tax regimes for FY 2024-25? Understand key differences like tax slabs, deductions and ...
Section 245 empowers the department to adjust the refund due for the current year against any outstanding tax demand from previous years ...