The Income Tax Department is alerting taxpayers about foreign assets and income. Income earned from abroad requires reporting ...

An experienced chartered accountant's notes on the flagged mismatches raised through bulk emails by the income tax ...

Tax Dept finds fake deduction claims by refund agents, targeting RUPPs and charities. Penalties: 200% fines, prosecution. ITR ...

Learn how to report crypto gains correctly. Know how to calculate profits, distinguish gains from income, and file taxes for trading, staking, and NFTs.

The tribunal ruled that an assessment order signed manually instead of digitally in e-proceedings violates binding CBDT instructions and is legally ...

India's new direct tax law in 2025 simplifies income tax. It introduces a uniform tax year and consolidates salary exemptions ...

Calcutta High Court held that income tax returns filed during victim’s lifetime must be relied upon for assessing income. Compensation was enhanced after rejecting an arbitrary income assessment by ...

The 2026 tax filing season is shaping up to look very different from recent years. Early projections suggest millions of ...

The delayed submission of this years ITR Form (Income Tax Return) has raised concerns among taxpayers. The governments recent ...

I have a 5-year cumulative fixed deposit where the interest is payable only at maturity. To file my income tax return, should ...

The notices are part of enhanced foreign data matching and information exchange mechanisms, which now capture details from ...

The Income Tax Department has begun emailing taxpayers flagged for undisclosed foreign assets or income based on global ...