AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume transactions in the assessee’s savings account. Major concern was an ...

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.

Gone are the days when unreported cash dealings could escape the eyes of the Income Tax Department. In its latest drive against tax evasion, the department has tightened its grip on high-value cash ...

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 ...