The issue was whether exemption under Section 11 could be denied solely due to wrong data punching. The court ruled that ...

Understand how credit card transactions are tracked, when high spending can trigger notices, and how proper ITR filing protects ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

Individual taxpayers who have received Instalment Payment Notices (CP500) will not be subjected to penalties in 2026, says ...

Under FEMA, you become a non-resident when leaving India for work or business, and your existing account can simply be ...

This provision allows taxpayers to lower or even eliminate the LTCG tax by reinvesting sale proceeds into a residential ...

Missed the revised ITR deadline? Refunds are still safe if you filed on time. But taxpayers who skipped all filing windows ...

Here’s when the IRS is expected to start accepting 2025 tax returns, plus how to track your refund and avoid delays.

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.

The number of revised and updated ITRs reflects a sharp rise in voluntary tax compliance under its behavioural 'NUDGE' ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...

Customers can open a Capital Gains Account by visiting an ICICI Bank branch, except rural branches, in line with CGAS rules.