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 …
Income Tax
The Income Tax Department has released the ITR-7 Excel utility for Assessment Year 2026-27, enabling trusts, political parties, and research institutions to prepare their …
Income Tax
The Income Tax Department has released the ITR-7 Excel utility for Assessment Year 2026-27, enabling trusts, political parties, and specific institutions to file their …
Income Tax
Cryptocurrency taxation in India involves 30% tax on profits, 1% TDS on transactions, and mandatory reporting in your income tax return. Here's everything you …
Income Tax
As India's tax filing season approaches, artificial intelligence tools promise to simplify returns but also introduce new risks. Understanding both benefits and pitfalls is …