2. Appellant trust contends that Form 10B has been filed before filing the return of income and before due date u/s 139 (1) ...

The Ministry of Finance, Department of Revenue, through the Central Board of Direct Taxes (CBDT), has issued a notification regarding the income tax exemption for the ‘Mysore Palace Board’. This Board ...

Interest earned in statutory provident funds, recognized provident funds up to 9.5%, Sukanya Samriddhi accounts, and Post ...

Notably, taxpayers can claim exemption for HRA along with the interest on home loan under the old tax regime in the same year ...

With the Income Tax Department set to release updated ITR filing guidelines for 2025, salaried individuals must understand ...

Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and ...

A recent Mumbai ITAT ruling offers relief to homeowners in redevelopment projects. The tribunal held that receiving a new ...

Agricultural income is outlined under Article 366 of the Indian Constitution, which states that Agricultural income as ...

As the new financial year began on April 1, many of you might be gearing up to file their Income Tax Returns (ITR) for the ...

Rent income is an assessable head of income under the head 'Income from House Property' of the Income Tax Act, 1961, and ...

Learn how to manage capital gains and tax treatment for property sales. Find out how to claim exemptions under Section 54, ...

Higher Income Brackets: For people with annual incomes above Rs 24 lakh, both regimes apply the same top tax rate of 30%. But ...