The existing tax structure, burdened by numerous amendments, has become increasingly complex, making filing returns a ...

If your annual taxable income is ₹10 lakh and you claim the full ₹1.5 lakh deduction, your taxable income reduces to ₹8.5 ...

The Delhi High Court recently held that tax liability on income from house property should be affixed to a person who ...

Moreover, the tribunal addressed the issue of immunity sought by DACSS Granites Pvt. Ltd. under Section 270AA (2) of the Act. Despite a belated filing of Form-68 for immunity, the ITAT referred to ...

9. It also appears from the reasons recorded that the no verification of the material on record is made by the respondent and ...

While personal loans don’t explicitly offer tax benefits, you can claim deductions if the loan is used for home purchase, ...

Finance Minister Nirmala Sitharaman is reportedly going to announce a new bill introducing a new income tax system to simplify tax laws during the Budget Session, which starts tomorrow. But what do we ...

Reliance’s ability to legally avoid corporate income taxes for 30 years demonstrates the company's strategic financial acumen and also highlighted the need for robust tax reforms in India.

By knowing what’s available and how to claim it, you can make the most of this tax-saving tool. Next time you file your taxes ...

As of January 2025, the number of MSMEs registered on the Udyam portal has reached 5,84,06,752. MSMEs play a pivotal role in ...