For tax purposes, business trusts such as REITs, InvITs, and certain AIFs get pass-through status and are not taxed on the ...

The changes are effective from Monday and hence, going forward, any compliance required, especially for financial year ...

The focus will be on habitual violators, cases showing significant gaps between tax deductions and advance tax payments, ...

Recently, the Delhi High Court held that Central Board of Direct Taxes (CBDT) cannot impose limitations to extinguish rights ...

The government has launched the PAN 2.0 project to improve and consolidate all PAN (Permanent Account Number) related ...

Bengaluru: Coming to the rescue of a 73-year-old retired central excise officer acquitted of corruption charges, the high ...

The Income Tax Department has launched a crackdown on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...

A recent tax order from the Bengaluru bench of the Income Tax Appellate Tribunal (ITAT) believed to have been based on ...

The ITR filing utilities stopped allowing taxpayers to claim rebate under 87A for various special rate incomes including ...

Around 40,000 taxpayers are under scrutiny for potential defaults in tax deductions for the financial years 2022-23 and 2023-24.

ELSS have been receiving lower inflows after the New Tax Regime has been made attractive. That said, it is still a ...