Subscribers of NPS and APY crossed the nine-crore mark in October this year. What makes it so attractive—let’s explore.

Tribunal held that filing of Form 10B is a procedural requirement, not a mandatory condition for exemption under Section 11, allowing relief to a charitable trust despite a four-day delay in uploading ...

Buying a property in your wife’s name may seem like a tax-saving move, but clubbing provisions under India’s Income Tax Act ...

The Supreme Court has sought the Election Commission of India’s (ECI) response on a plea seeking directions to hold political parties accountable by ensuring they comply with the law that mandates ...

A Delhi resident finally won a six-year-long legal battle against the Income Tax Department after being wrongly accused of hiding business income. The case revolved around a cash deposit of ₹8 lakh in ...

ITAT Mumbai ruled that relief under the first proviso to Section 201(1) is available if Form 26A certifying the deductee’s tax payment is furnished. As the buyer obtained the certificate post-appeal, ...

The proposals include extending tax neutrality to LLP restructurings, revising TDS on partners’ remuneration, and incentives ...

Overview Crypto taxation brings trust and regulation, but can also reduce liquidity and slow fintech growth if poorly ...

The tax case dates back to FY08, and arose from the sale of Vodafone India’s Ahmedabad-based call centre business, formerly ...

The case goes back to the sale of Vodafone India’s Ahmedabad-based call centre business, 3 Global Services, to Hutchison Whampoa Properties (India) during the financial year 2008.

Gifts surpassing the exemption limit in value in a financial year are taxable and need to be disclosed under ‘income from other sources’ in the ITR filing.

US Federal Estate Tax is levied on the fair market value of an individual’s assets at death. For Indian citizens who are ...