NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of ...

The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...

In October 2025, investors from multiple SGB series are receiving redemption proceeds credited directly to their bank ...

The Gujarat High Court held that the period between the initial refund filing and issuance of a deficiency memo must be excluded when computing the two-year limitation under Section 54 of the CGST ...

A person becomes a resident under FEMA once they return to India for employment, to start a business or profession, or with ...

The Central Board of Direct Taxes has extended the income tax return filing deadline for certain assessees to December 10, 2025. The deadline for furnishing audit reports for the previous year 2024-25 ...

A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...

Under the new tax rules, any amount received by a shareholder from a share buyback is taxable as dividend income.

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ...

Not all taxpayers benefit from this relief. Several chartered accountants have raised concerns that certain categories, ...

Filing is mandatory for all companies and firms (including LLPs), regardless of whether they made a profit or incurred a loss ...