Guy sells land, gets Rs 10 lakh capital gains, files no ITR admitting this income, wins case in ITAT Chennai for this reason ...

Processed But Not Credited – Step-by-Step Solution for Taxpayers The last date to file Income Tax Returns (ITR) for ...

The Black Money Act mandates Indian residents to disclose foreign income and assets, imposes heavy penalties for non-disclosure, and has no time limit, emphasizing transparency and compliance with ...

Agricultural income is fully exempt under Section 10(1), but it must be included for rate purposes. This means that it is added to your total income to compute the tax rate applicable to your regular ...

In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.

Equity investors can gift shares to children via demat or physical transfer, with no tax for gifts from parents. Future ...

Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.

A company's right to TDS credit was upheld despite the tax being erroneously reported under its former firm's PAN and not in Form 26AS. The Tribunal ruled the credit follows the ...

Foreign investors should decide how to manage Vietnam’s tax compliance through structured planning, not reactive filings.

Reassessment order passed under Section 147/143(3) was quashed on the ground that no notice under Section 143(2) was issued after the assessee filed the return in response to notice under Section 148, ...

Inheritance Funding reports the average estate settlement takes 6-12 months, but debts and disputes can extend the process to ...

David Hamzah Damian of DDTC Consulting examines recent procedural changes in Indonesia’s tax disputes process and the Supreme ...