Income Tax
The government has notified the Income Tax Rules 2026, introducing a new compliance framework effective April 1. Here's what taxpayers need to know about …
Income Tax
Filing your income tax return incorrectly or late can lead to severe financial consequences, from modest late fees to penalties reaching 200% of the …
Income Tax
If you've paid excess tax or are eligible for deductions, you may be entitled to an income tax refund. Here's a complete guide on …
Income Tax
Losing your registered mobile number can lock you out of the Income Tax portal. Here are the alternative methods to regain access to your …
Income Tax
Your AIS statement can look alarming, but most entries — deposits, withdrawals, purchases, transfers — are not taxable income by themselves. Here is what …
Income Tax
Foreign investors in Indian equities are receiving Income Tax reassessment notices despite earning no dividend income, due to deemed dividend provisions and past tax …
Income Tax
Tax experts reveal that honest mistakes in filing returns and mismatches in data reporting account for the majority of tax disputes, rather than deliberate …
Income Tax
The Income Tax Department is proactively sending SMS alerts to taxpayers encouraging early ITR filing. These reminders aim to reduce last-minute rush and help …
Income Tax
The government has notified the Income Tax Rules 2026, introducing stricter compliance measures for taxpayers. Here's what changes and how it affects your tax …