This analysis examines how Indian tax laws (Income Tax Act S. 11, 13 affect fee determination and tax-exempt status of religious bodies. It explores the constitutional tension between religious ...

What Is The Historical Context Of Sikkims Zero Taxation System? Why Sikkimese People Are Exempt From Paying Income Tax?

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, ...

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

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 ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. There are over 30 million non-resident ...

The Bombay High Court has cancelled an income tax assessment. The court found the assessing officer used fake AI-generated ...

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

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.